Angad Banga has served as Chief Operating Officer of The Caravel Group since 2016, where he oversees key areas including Asset Management, Investment, Finance, and Operations. He joined the Group at its inception in 2013 as Executive Director and has played an integral role in shaping the company’s business growth strategy. In addition, Angad is a key member of the Group’s Management, Investment, Risk and Credit Committees, and he oversees the IT Steering Committee which drives the Group’s digital strategy.

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Angad serves as Executive Director of Fleet Management and his leadership has been pivotal in guiding Fleet’s expansion and solidifying its reputation for excellence in the maritime industry. Angad’s commitment to the industry is further demonstrated through his position as Chairman of the Hong Kong Shipowners Association (HKSOA), one of the world’s largest shipowner associations. Under his leadership, HKSOA has continued to advocate for the advancement and digitalisation of the maritime sector. In addition, Angad serves on the Board of Directors of the Hong Kong Maritime and Port Development Board (HKMPDB), as well as the Chairman of the Promotion and External Relations Committee of the HKMPDB.

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Angad was previously a Principal at KKR, where he focused on leveraged buyouts across the Asia-Pacific region. He also led the Asian Leveraged Finance business for KKR Capital Markets Asia, financing some of the most complex private equity acquisitions in the region. Angad began his career at J.P. Morgan in Hong Kong, working as an Investment Banking Analyst. He holds a BA with Honours in Economics from Dartmouth College and has served on various advisory boards at the institution.

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In recognition of his contributions to public service and the community of Hong Kong, Angad was appointed a Justice of the Peace (JP) in July 2024.