Angad Banga

Angad Banga

  • Owner and Board Member of the New England Free Jacks
  • Group Chief Executive Officer of The Caravel Group, a diversified global conglomerate headquartered in Hong Kong with operations across maritime services, investment management, and industrial dry bulk commodities.
  • Leads the Group’s three core divisions: Caravel Maritime, Caravel Resources, and Caravel Asset Management, overseeing performance, capital allocation, and long-term strategic direction.
  • Joined Caravel at its inception and served as Group Chief Operating Officer (2016–2025), playing a central role in transforming the company into a diversified international enterprise.
  • Executive Director of Fleet Management Limited, the world’s second-largest third-party ship manager and Caravel’s largest operating company.
  • Board Member of the Hong Kong Maritime and Port Development Board, serving as Chairman of the Promotion and External Relations Committee.
  • Member of the West of England P&I Club Member Committee.
  • Former Chairman of the Hong Kong Shipowners Association (2023–2025), representing the industry during a period of major geopolitical and regulatory change.
  • Former Principal at KKR, where he led private equity investments and founded KKR Capital Markets Asia.
  • Appointed Justice of the Peace by the Hong Kong SAR Government in July 2024 in recognition of his public service.
  • AB with Honors in Economics from Dartmouth College, multiple Ivy League champion with Dartmouth Rugby as a 1st XV scrumhalf.
  • Angad was born in India, raised in Hong Kong, and is currently based in Hong Kong with his wife and children.