PTC CEO Gerardo Borromeo joined other members of the World Maritime University (WMU) Executive Board (EB) at its 21st Session held at the International Maritime Organization (IMO) Headquarters in London last December 8, 2017. It was preceded by meetings of the Endowment Fund Development and Investment Committees on December 7. Both Committees updated the EB members on progress made towards operationalizing the WMU Endowment Fund in 2018. Other agenda items included the new, results-based WMU Business Plan 2018-2019 and WMU’s alignment with IMO’s strategic objectives in the IMO Strategic Plan 2018-2023. The EB was also updated on the status of the WMU-Sasakawa Global Ocean Institute that will be operational in 2018. IMO Secretary-General Kitack Lim met with the members of the EB and the Endowment Fund Committees.