The selection of a new senior management team will allow Virgin Hyperloop One to transition its focus from technology startup to mass transportation company beginning with implementation of the world’s first hyperloop system running from Pune to Mumbai.

Bin Sulayem has over three decades of experience across a wide range of industries, bringing a wealth of leadership experience to the Boardroom. Following the recent financing, DP World will become Virgin Hyperloop One’s largest investor, recognizing the value of hyperloop to distribute not only passengers, but time sensitive cargo at the speed of flight and the cost of trucking.

Walder has led the biggest and most complex transportation systems in the world, serving as Chairman and CEO of the Metropolitan Transportation Authority in New York, CEO of the MTR Corporation in Hong Kong, and Managing Director at Transport for London. Most recently he ran Motivate, the global leader in bike share, before its sale to Lyft. Walder was also a Partner at McKinsey, where he led the Global Infrastructure Practice for the well-known consulting firm.