DHL Supply Chain Asia Pacific CEO Terry Ryan is retiring after more than 40 years with company.

He will be replaced by Javier Bilbao, previously chief executive for DHL Supply Chain Latin America, effective 1 September.

Under Ryan’s leadership, DHL Supply Chain achieved significant profitable business growth across almost all its markets in Asia Pacific, tripling its size over the last seven years.

During his time with the company, DHL acquired Total Logistics Company (TLC), Glen Cameron Group and launched the transport-focused joint venture, DHL Summit Solutions, Inc in the Philippines.

New CEO Bilbao started his career at the DHL Group in 2000 in the UK and has held various management positions. Since 2017, he has been CEO DHL Supply Chain Latin America, and a member of the division’s Global Board.