Chief Operating Officer,
Director (Fleet Management)

Mr. Angad Banga is the Chief Operating Officer of The Caravel Group, and a Director of Fleet Management Limited.

As COO of The Caravel Group, Angad is a key member of the Group's Management, Investment, Risk, and Credit Committees. In addition, Angad has direct responsibility for the Group's Finance, Operations, and Administrative functions. Angad also leads The Caravel Group's strategic objectives, business development, and corporate finance activities.

Prior to joining Caravel as an Executive Director at its inception, Angad was a Principal with KKR, one of the world's leading investment firms, with a core focus on Private Equity. Based in Hong Kong, Angad was principally focused on investing in Leveraged Buy-out (LBO) transactions across the Asia-Pacific region. In addition to this, Angad also ran the Asian Leveraged Finance business for KKR Capital Markets Asia, where he helped finance some of the largest, most complex and highly structured private equity acquisitions in Asia. Angad was a key team member of many notable investments by KKR Asia during his tenure.

Angad began his career as an Analyst in the Syndicated & Leveraged Finance team at JPMorgan in Hong Kong where he provided advice to, and raised capital for Private Equity firms and high growth and leveraged companies in Asia Pacific.

Following his experience at JPMorgan, Angad was hired as an Associate at The Blackstone Group - GSO Capital Partners also in Hong Kong to build out their credit investing platform. At Blackstone, Angad was primarily engaged in public and private credit investing across the entire capital structure in the Asia Pacific region.

In 2015, Angad was named as the "Young Person of the Year" by Seatrade Asia.

Angad graduated with an AB with Honors in Economics from Dartmouth College, in the USA.