Mr. Angad Banga
Chief Operating Officer
The Caravel Group
Mr Angad Banga is the Chief Operating Officer of The Caravel Group.
Angad joined Caravel as an Executive Director at the Groups’ inception in 2013, before being promoted to his current role in 2016.
As the COO of the Caravel Group, Angad has direct operational and managerial oversight for the Group’s Asset Management, Investment, Finance & Operations and Administrative functions. In this capacity, Angad also has responsibility for corporate planning across the firm, which includes strategic investments, balance sheet and treasury management, business development and corporate finance activities. In addition, Angad is also a key member of the Group’s Management, Investment, Risk and Credit Committees.
Angad also serves on the Board of Directors of Fleet Management Limited (a Caravel Group company), Mandarin Shipping Limited, a Hong Kong-based shipping investment company, as well as serving as a Director on several other Caravel Group’s direct private equity investments.
Prior to joining Caravel, Angad was a Principal with KKR, one of the world’s leading global investment firms across multiple alternative asset classes. 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.
Angad is a Member of the Hong Kong Maritime and Port Board (HKMPB), a Member of the Promotion and External Relations Sub-Committee of the HKMPB and sits on the Executive Committee of the Hong Kong Shipowners Association.
Angad is on the Board of Visitors of The John Sloan Dickey Center for International Understanding at Dartmouth College.
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.