PARIS--(BUSINESS WIRE)--Nov 17, 2025--
Bureau Veritas, a global leader in Testing, Inspection and Certification (TIC), is pleased to announce the appointment of Santiago Arias Duval, effective November 17 th, 2025, as Executive Vice-President, Americas. This appointment is in line with Bureau Veritas’ new operating model effective since September 1 st, 2025.
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Bureau Veritas is evolving the structure of its executive committee to drive greater organizational alignment. This organization will empower the regions with scalable Product Lines, enabling global solutions development, and will be unlocking wider cross-selling opportunities.
The Americas region is created to leverage fast developing market opportunities across countries in North, Central and South America. This is a dynamic region for all Bureau Veritas where the group intends to expand its leadership across product lines and create new strongholds in high growth markets. The new Americas region organization will facilitate the scaling of new solutions and services and will enable superior resources utilization across all Product Lines.
Santiago Arias Duval will report to Hinda Gharbi, Chief Executive Officer of Bureau Veritas, and joins the Group Executive Committee.
Hinda Gharbi, Chief Executive Officer of Bureau Veritas, commented: “ I am delighted to welcome Santiago to the Group Executive Committee. With his wide industrial experience, proven business achievements and global operations exposures, he will drive our growth and development agenda in North, Central and South America. I am confident that Santiago and the Americas teams will take the region to the next level of growth and performance and will deliver on our LEAP I 28 ambition.
Santiago Arias Duval, Executive Vice-President, Americas commented:"I am honored to join Bureau Veritas and its talented teams across North, Central and South America. The region presents a significant opportunity for growth and for building on the company's strong foundation of technical excellence, innovation, and trust. I look forward to working closely with Hinda, the Executive Committee, and the Americas team to accelerate growth, deepen our customer relationships, and advance the ambitions of the Leap I 28 strategy."
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Biography:
Santiago Arias Duval served as Senior Vice President and General Manager of Precision Technologies at Ingersoll Rand. In this role, he was responsible for the overall strategy, operations, and commercial performance of a diverse set of businesses serving customers across multiple industries worldwide.
Joining Ingersoll Rand in 2017, Santiago held a series of leadership roles of increasing responsibility, including General Manager of Industrial Pumps and Medical North America and Vice President and General Manager of the Vacuum & Liquid Handling, and Life Sciences businesses. Throughout his tenure, Santiago has consistently delivered above-market organic growth, executed multiple acquisitions, and driven significant EBITDA margin expansion through commercial excellence, operational efficiency, and disciplined portfolio management.
Before joining Ingersoll Rand, Santiago held leadership positions at Danaher Corporation, where he served as Packaging Business Unit Leader for X-Rite and as a consultant within the Danaher Business System Office, supporting global operating companies on new product commercialization. Earlier in his career, he worked in product management at Fluke (Danaher) and in operations at General Motors.
Santiago holds a Master of Business Administration from the Massachusetts Institute of Technology (MIT) and a Bachelor of Science in Electrical Engineering from the Georgia Institute of Technology.
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About Bureau Veritas
Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress. With a vision to be the preferred partner for customers’ excellence and sustainability, the company innovates to help them navigate change.
Created in 1828, Bureau Veritas’ 84,000 employees deliver services in 140 countries. The company’s technical experts support customers to address challenges in quality, health and safety, environmental protection, and sustainability.
Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40, CAC 40 ESG, SBF 120 indices and is part of the CAC SBT 1.5° index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI.
For more information, visit http://www.bureauveritas.com, and follow us on LinkedIn.
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Santiago Arias Duval, EVP Americas at Bureau Veritas
Hinda Gharbi, CEO at Bureau Veritas
DUBAI, United Arab Emirates (AP) — Iran targeted the world’s busiest international airport Wednesday and attacked commercial ships as U.S. and Israeli strikes rocked Tehran and the U.N.’s most powerful body demanded a halt to Iran’s strikes on its Gulf neighbors that threaten the world’s oil supply.
The latest attacks marked an escalation in the Islamic Republic's campaign aimed at generating enough global economic pain to pressure the United States and Israel to end the war that started 12 days ago. But there were no signs that the conflict was letting up.
The first week of war with Iran cost $11.3 billion, according to the Pentagon, which provided the estimate to Congress in a briefing earlier this week, according to a person familiar with the situation who spoke on condition of anonymity to discuss the private meeting. The military reported spending $5 billion on munitions alone in the war's first weekend.
Both sides have dug in, hoping to outlast the other as the conflict upends trade routes, chokes supplies of fuel and fertilizer coming out of the Gulf and threatens air traffic through one of the world’s most-traveled regions.
Iran has targeted oil fields and refineries in Gulf Arab nations and effectively stopped cargo traffic through the narrow Strait of Hormuz, through which a fifth of all traded oil passes.
In response, the International Energy Agency agreed to release 400 million barrels of oil, the largest volume of emergency oil reserves in its history, in a bid to counter the war's effects on energy markets. U.S. Energy Secretary Chris Wright said the U.S. will release 172 million barrels of oil next week from its Strategic Petroleum Reserve to combat steep oil prices.
The U.N. Security Council voted Wednesday to approve a resolution demanding a halt to Iran’s “egregious attacks” on its Gulf neighbors.
Among the most recent attacks, four people were wounded after two Iranian drones hit near Dubai International Airport in the United Arab Emirates, though flights continued, the Dubai Media Office said. On Thursday, Dubai authorities said a drone fell on a building near Dubai Creek Harbor, a luxury waterfront development.
At Oman’s Port of Salalah, firefighters battled a blaze at fuel storage tanks after days of Iranian attacks, according to the Oman News Agency.
“The international community is resolute in rejecting these Iranian attacks against sovereign countries that are threatening the stability of the peoples, especially in a region of strategic importance to global economy, energy, security and security of global trade,” said Bahrain’s U.N. ambassador, Jamal Alrowaiei.
The 13-0 vote in the U.N.’s most powerful body reflects Iran’s isolated position as it has aggressively responded to Israeli and U.S. strikes. China and Russia — two Iranian allies — abstained from the vote.
Their U.N. ambassadors called the proposal “extremely unbalanced” in not mentioning the strikes against Tehran that began the war.
Russia’s U.N. ambassador, Vassily Nebenzia, said it might leave the impression that Iran, “on its own volition and out of malice, conducted an unprovoked attack on Arab states.” Iranian U.N. Ambassador Amir Saeid Iravani said the resolution “deliberately ignores the root causes of the current crisis.”
More attacks in Gulf countries were reported Wednesday. Drones were launched toward the cities of Irbil and Sulaymaniyah in Iraq’s Kurdistan region, while in the southern part of the country, an oil vessel flying the Australian flag was struck near Khor Al-Zubair Port, according to two Iraqi navy officials who also spoke on condition of anonymity because they were not authorized to comment publicly.
The official said 25 members of the crew were rescued. It was not immediately clear whether any others were missing.
On Thursday, sirens wailed and loud explosions were heard shortly after midnight in Jerusalem and other parts of Israel. The Israeli military said it was responding with another “wide-scale wave of strikes” in Tehran.
The fallout across the Middle East widened as Israel struck what it said were targets connected to Iran-backed Hezbollah militants in Lebanon.
Blasts shook Beirut’s southern suburbs Wednesday, producing fires and plumes of smoke. Israel's military said the strikes were in response to Hezbollah firing dozens of rockets fired simultaneously across northern Israel. It marked some of the heaviest fighting between the two since the war began.
One rocket hit a house near the Israeli town of Karmiel, lightly injuring two people, according to Israeli rescue services.
At least 634 people have been killed in Lebanon since the latest fighting began, the Lebanese Health Ministry said Wednesday.
The U.N. refugee agency said at least 759,000 people have been internally displaced in Lebanon.
Iranian authorities say more than 1,300 people have been killed there, and Israel has reported 12 people dead. The U.S. has lost seven soldiers while another eight have suffered severe injuries.
The United States has pledged to keep the strait open and has led intense airstrikes targeting Iran's navy and the port city of Bandar Abbas. The U.S. military said Tuesday it destroyed 16 Iranian minelayers near the strait.
At least 12 incidents involving vessels around the strait have been confirmed since fighting began, according to two global trackers, and at least seven mariners have been killed.
A projectile hit a Thai cargo ship off the coast of Oman in the strait, setting it ablaze. Authorities are searching for three missing crew members from the Mayuree Naree after 20 were rescued by the Omani navy, according to Thailand’s Marine Department.
This story has been corrected to fix a misspelling of the first name of Bahrain's U.N. ambassador.
Abou AlJoud reported from Beirut. Mascaro reported from Washington. Associated Press writer Sam Mednick in Tel Aviv, Israel, also contributed to this report, along with AP journalists around the world.
A man, left, carries the body of his son, Kassem Younis, who was killed in an Israeli airstrike, during his funeral procession in the southern village of Chehabiyeh, Lebanon, Wednesday, March 11, 2026. (AP Photo/Mohammed Zaatari)
Flames rise from an Israeli airstrike in Dahiyeh, Beirut's southern suburbs, Wednesday, March 11, 2026. (AP Photo/Hassan Ammar)
Children and adults play on swings on the beach as oil tankers and cargo ships line up in the Strait of Hormuz near Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. (AP Photo/Altaf Qadri)
A man holds a picture of late Defense Minister Aziz Nasirzadeh beside his coffin as mourners attend the funeral procession for senior Iranian military officials and civilians killed during the U.S.-Israel campaign in Tehran, Iran, Wednesday, March 11, 2026. (AP Photo/Vahid Salemi)
A mourner holds a poster depicting Ayatollah Mojtaba Khamenei, right, the successor to his late father Ayatollah Ali Khamenei, left, as supreme leader, during the funeral procession for senior Iranian military officials and civilians killed during the U.S.-Israel campaign in Tehran, Iran, Wednesday, March 11, 2026. (AP Photo/Vahid Salemi)
Smoke rises from a building following an Israeli airstrike in Dahiyeh, Beirut's southern suburb, Wednesday, March 11, 2026. (AP Photo/Hassan Ammar)
Mourners attend the funeral procession for senior Iranian military officials and some civilians killed during the U.S.-Israel campaign, in Tehran, Iran, Wednesday, March 11, 2026. (AP Photo/Vahid Salemi)
FILE - A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026. (AP Photo/Mohsen Ganji, File)
Rescue workers gather at the site where Israeli airstrikes hit apartments in Beirut, Lebanon, Wednesday, March 11, 2026. (AP Photo/Hussein Malla)
People take shelter in an underground metro station as air raid sirens warn of incoming Iranian missile strike, in Ramat Gan, Israel, Tuesday, March 10, 2026. (AP Photo/Oded Balilty)
A man passes in front of a destroyed building that housed a branch of Al-Qard Al-Hassan, a non-bank financial institution run by Hezbollah, which was hit by an Israeli airstrike in Dahiyeh, Beirut's southern suburbs, Lebanon, Tuesday, March 10, 2026. (AP Photo/Hussein Malla)
People walk past closed shops at the nearly empty traditional main bazaar in Tehran, Iran, Tuesday, March 10, 2026. (AP Photo/Vahid Salemi)
Motorbikes drive past a billboard depicting Iran’s late Supreme Leader Ayatollah Ali Khamenei, center, handing the country’s flag to his son and successor Ayatollah Mojtaba Khamenei, right, as the late revolutionary founder Ayatollah Ruhollah Khomeini stands at left, in a square in downtown Tehran, Iran, Tuesday, March 10, 2026. (AP Photo/Vahid Salemi)
Smoke rises from an Israeli airstrike in Dahiyeh, Beirut's southern suburbs, Lebanon, Tuesday, March 10, 2026. (AP Photo/Bilal Hussein)