Angad Banga is the Chief Operating Officer of The Caravel Group, a diversified global enterprise headquartered in Hong Kong with businesses spanning maritime services, industrial commodity trading, and investment management. In this role, he has direct oversight of the Group’s global operations, including Asset Management, Investment Management, Ship Owning, Finance, and Digital Strategy, and plays a pivotal role in steering Caravel’s long-term growth and transformation agenda.

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A founding member of the Group, Angad joined as Executive Director, helping to shape Caravel’s strategic direction and diversified business platform. He serves on the Boards of the Group’s principal operating subsidiaries and several private equity portfolio companies, and is an active member of the Group’s Investment, Risk, and Credit Committees, where he also leads strategic initiatives related to enterprise-wide digital transformation.

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Angad is also an Executive Director of Fleet Management Limited, one of the world’s largest third-party ship managers. Under his direction, Fleet has scaled globally and cemented its reputation for operational excellence. Externally, Angad is a prominent voice in global shipping. He serves as Chairman of the Hong Kong Shipowners Association (HKSOA)—one of the world’s most influential maritime bodies—and sits on the Hong Kong Maritime and Port Development Board, where he chairs its Promotion and External Relations Committee.

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Prior to joining Caravel, Angad was a Principal at KKR in Asia, where he focused on leveraged buyouts and led the region’s Leveraged Finance business at KKR Capital Markets Asia, working on some of the region’s most complex private equity transactions. He began his career as an Investment Banking Analyst at J.P. Morgan in Hong Kong.

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Angad holds an AB in Economics with Honours from Dartmouth College and has served on several of the College’s advisory boards. In recognition of his contributions to public service and the Hong Kong community, he was appointed a Justice of the Peace (JP) in 2024. He also supports youth-focused initiatives through The Caravel Foundation, the Group’s philanthropic arm. Known for his cross-sector insight and disciplined leadership, Angad is guided by a belief in disciplined execution, long-term value creation, and advancing talent and technology across traditional industries.