Fleet Management is on the hunt for a new managing director as Kishore Rajvanshy is stepping down after 30 years.

As part of this transition, Angad Banga, chief operating officer of parent company The Caravel Group, will co-lead Fleet with Rajvanshy.

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