Big news from South Wales – Luciana Ciubotariu has stepped down as CEO of the Celtic Freeport after nearly two years in the role. 🎙️ The announcement came as the freeport, which opened in November 2024, continues its ambitious journey with partners like Associated British Ports and local councils.
Luciana, who previously played a key role in the Thames Freeport in London, brought her expertise to Wales in May 2024. During her tenure, she navigated the early development stages and crucial milestones such as the approval of the Full Business Case and a Memorandum of Understanding with the UK and Welsh Governments. This MOU is a game-changer, unlocking a whopping £25 million in public investment, paving the way for future growth and innovation in the region. 💰✨
The Celtic Freeport Board extends its gratitude to Luciana for her significant contributions and wishes her all the best for her future endeavours. They’ve promised updates on finding a new CEO soon, so stay tuned for what’s next!
For those not in the loop, freeports are special zones with tax incentives and different economic regulations designed to boost local economies. Port Talbot and Pembrokeshire are key players in this grand plan to transform South Wales into an economic powerhouse. 🚀
What are your thoughts on this leadership change? Drop your comments below and let’s chat! 📣