Raphael Sauleau, CEO of Monaco-based Fraser Yachts, has been elected president of the Large Yacht Brokers Association (LYBRA). Sauleau replaces outgoing president Jonathan Beckett and will lead the association for the next three years.

“Our association currently includes the nine largest brokerage houses in the yachting industry and our aim is to handle issues which may affect the industry together with other associations such as MYBA,” says Sauleau in a statement.

“Furthermore, it is our responsibility to act as ambassadors of the yachting industry, working with all stakeholders to reach out to the non-yachting world. Finally, we look forward to seeing additional projects take shape.”

The LYBRA board is now composed of the following members: president Raphael Sauleau, CEO of Fraser; vice president Stefanos Macrymichalos, CEO of IYC; treasurer Jonathan Beckett, CEO of Burgess; secretary Eric Blair; and board member Nicholas Edmiston, chairman of Edmiston.

Together, they will look at actions that continue to drive change and improvement as well as support the long-term development of the global yachting industry. This includes a second edition of The Superyacht Show planned for Barcelona in 2019.