CARNIVAL Corporation has appointed Costa Cruises chairman Pier Luigi Foschi to oversee the company’s growth strategies within the rapidly expanding Asian region.
In his role as chairman & CEO of the newly-created Carnival Asia unit, Foschi will be responsible for establishing Carnival Corporation’s new corporate office in Singapore and providing guidance to the organisation’s various operating units in pursuing their Asian strategies.
“With Asia being such an important part of our global strategy, it’s critical that we increase our presence in the region by establishing this new office in Singapore and appointing an experienced executive to coordinate our current operations and our future expansion efforts,” said Micky Arison, chairman & CEO, Carnival Corporation.
Currently, Carnival Corporation’s Asia operations include two Costa Cruises ships based in China and Singapore, and Princess Cruises’ Sun Princess, which will launch a series of voyages from Japan next spring.
Foschi, who retired as CEO of Costa Cruises in July (TTG Asia e-Daily, April 25, 2012), will continue to serve in his current role as chairman and managing director of the Costa group, and as a member of the board of directors at Carnival Corporation.
Foschi has extensive experience in Asia, having overseen Costa’s initial entry into the region in 2006. Additionally, prior to joining Costa, Foschi resided in Hong Kong and Singapore for many years while serving as executive vice president of Asia-Pacific operations for the Otis Elevator Company.
