Photo: Fleet Management Limited. Left to Right: Mr Angad Banga JP (Chief Operating Officer – The Caravel Group); Dr Harry Banga (Chairman and Chief Executive Officer – The Caravel Group); Dr Kishore Rajvanshy (Managing Director – Fleet Management Limited).
The former president and Group CEO of the MISC Group takes the helm of the Fleet Management Limited, a part of The Caravel Group Limited, as the company’s new CEO.
Captain Rajalingam Subramaniam will become the Fleet’s new chief executive officer. He joins the company on October 21 as “CEO Elect,” and officially assumes the role on January 1. Subramaniam will report to Dr. Harry S. Banga, chairman and CEO of The Caravel Group.
Captain Subramaniam 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.
Mr. Angad Banga JP will continue to serve as the Group chief operating officer of The Caravel Group, the parent company of Fleet, and actively support Fleet’s leadership team during this transition.
Dr. Harry S. Banga described Dr. Rajvanshy’s leadership as the “bedrock of Fleet’s success.”
Reflecting on his 30 years of leadership, Dr. Kishore Rajvanshy said: “It has been an incredible journey to see Fleet Management Limited grow and thrive and I am deeply grateful for the support of our talented people and partners.
“We welcome Captain Subramaniam and look forward to working with him to steer the company towards new horizons, building on our legacy of safety and quality.”
