Chief commercial officer Vijay Kamath has left to“pursue other career opportunities” FSL Trust said in a short statement.

Kamath’sexit follows that of chief executive Philip Clausius, chairman Wong Meng Meng, chieffinancial officer Chong Chee Tham and most recently chief risk officer Kwa LaySan.

Thecompany has suffered multiple lease defaults due to the difficult marketconditions the latest being from OMNI Ships.

Ina surprise move former FR8 Holdings chief executive Alan Hatton was bought inlate August in a bid to steady the ship.

The35-year-old