Fleet Management seeks new MD to succeed veteran Rajvanshy

Hong Kong-headquartered Fleet is undertaking a global for a new MD as Ravanshy moves into a new role co-leading the ship manager with Angad Banga, Chief Operating Officer of parent company Caravel.

Rajvanshy will continue to manage the technical, seafarer personnel, quality, health, safety and environmental departments of Fleet, and Angad Banga will oversee all other divisions.

Chairman and CEO of The Caravel Group, Harry Banga, said "Under Dr Rajvanshy's leadership, Fleet has thrived, achieving significant year-on-year growth while steadfastly upholding our core values of family, entrepreneurship, partnership and integrity, and driving our focus on safety, quality, operational excellence and efficiency, and innovation.

"During the transition, we will remain squarely and resolutely committed to the delivery of industry-leading service to our customers, partners, seafarers and all of those who rely on us. Our succession planning and transitional steps have been designed to ensure there are no interruptions to service levels,” he added.

On standing down as Managing Director Rajvanshy commented: "As I prepare to pass the baton to the next generation, I am confident that the company's future is bright and that it will continue to set industry standards for years to come. This is a landmark strategic move to mark our 30th anniversary year, to build on our rock-solid foundations and take the company to the next level."

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