Pole Star, the leading provider of maritime fleet management, ship security and vessel monitoring solutions, announces the appointment of Andrew Peters as chief executive of the company. The appointment follows the retirement of interim CEO, Colin Hook, who will continue to serve as a non-executive director of the board.

Andrew Peters, previously CEO of Telefonica UK and Deutsche Telekom, takes the helm as Pole Star embarks on an ambitious strategy to launch new services, expand into new regions and release major enhancements to its existing products.

Commenting on his new appointment, Andrew Peters said, "Following a successful 2012 under Colin Hook’s sound leadership, we will continue to upgrade our products and services and expand into new markets in 2013. I look forward to building on our successes as we significantly grow the business."

Established in 1998 and headquartered in London, with offices in the US, Hong Kong, Panama and Australia, Pole Star is the world’s leading provider of fleet management, ship security and vessel monitoring systems to the maritime industry. Working closely with its commercial customers and maritime administrations worldwide, it understands the needs of the maritime sector.

The company has developed innovative and reliable systems that enable its users to monitor and manage their assets worldwide. The applications provide the users with the information they need to maximise operational performance and safeguard assets and crew. Pole Star systems are currently used to track nearly 40,000 ships worldwide.