FLEET Management Limited, a part of The Caravel Group Limited, has appointed Captain Rajalingam ('Raja') Subramaniam as the new Chief Executive Officer.
He will join the company October 21, 2024, as 'CEO Elect', and officially assumes the role on January 1, 2025.
Captain Subramaniam will report to Dr Harry S Banga, Chairman and CEO of The Caravel Group.
He will succeed Dr Kishore Rajvanshy, who has served as managing director of fleet Management Limited since the Company's inception thirty years ago.
Dr Rajvanshy will transition to 'Managing Director Emeritus' and remain as a 'Non-Executive Director' in a senior advisory role.
Angad Banga will continue to serve as the Group Chief Operating Officer of The Caravel Group and actively support Fleet's leadership team during this transition.
Captain Subramaniam was formerly the president & group CEO of the MISC Group.
Commenting on his new job, Captain Subramaniam said: 'I am truly honoured to be entrusted with this responsibility and to work alongside a team renowned for its dedication and excellence.
'Together, we will continue to innovate and uphold the highest standards in the maritime industry, guided by the solid foundation laid by Dr Rajvanshy and the Banga family.'
SeaNews Turkey
He will join the company October 21, 2024, as 'CEO Elect', and officially assumes the role on January 1, 2025.
Captain Subramaniam will report to Dr Harry S Banga, Chairman and CEO of The Caravel Group.
He will succeed Dr Kishore Rajvanshy, who has served as managing director of fleet Management Limited since the Company's inception thirty years ago.
Dr Rajvanshy will transition to 'Managing Director Emeritus' and remain as a 'Non-Executive Director' in a senior advisory role.
Angad Banga will continue to serve as the Group Chief Operating Officer of The Caravel Group and actively support Fleet's leadership team during this transition.
Captain Subramaniam was formerly the president & group CEO of the MISC Group.
Commenting on his new job, Captain Subramaniam said: 'I am truly honoured to be entrusted with this responsibility and to work alongside a team renowned for its dedication and excellence.
'Together, we will continue to innovate and uphold the highest standards in the maritime industry, guided by the solid foundation laid by Dr Rajvanshy and the Banga family.'
SeaNews Turkey
