Dr. Harindarpal (“Harry”) Singh Banga founded The Caravel Group in 2013 and has been the driving force behind its establishment, growth, and expansion. He remains actively involved in the Group and serves on the boards of Caravel’s subsidiary companies, including Fleet Management Limited, chairing both subsidiary boards and the Group’s management committees.

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He also serves on the Board of Directors of Pacific Basin, one of the world’s leading dry bulk shipping companies, of which The Caravel Group is the largest shareholder.

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Prior to founding The Caravel Group, Dr. Banga was Vice Chairman of Noble Group, a global commodity supply‑chain manager listed on the Singapore Stock Exchange, which he co‑founded in 1989.

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Dr. Banga founded Fleet Management Limited in 1994 while at Noble Group and later incorporated it into The Caravel Group. Under his leadership, Fleet Management grew from its first vessel into one of the world’s largest independent third‑party ship management companies, and he continues to chair its Board of Directors.

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In 2011, the President of India, Mrs. Pratibha Patil, awarded Dr. Banga with the prestigious Pravasi Bharatiya Samman Award in recognition of his exceptional contributions to business, his role in enhancing India's global reputation, and his support for Indian people overseas.

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In 2019, Dr. Banga was honored by the Economic Times as the “Most Influential Business Leader of Asia” during the Asian Business Leaders Conclave. In 2020, Dr. Banga was also awarded an Honorary Doctorate in Business Administration from the City University of Hong Kong for his significant contributions to education and philanthropy over the years.

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Throughout his distinguished career, Dr Banga has received numerous accolades. He also serves as the Honorary Consul of the Republic of Cyprus in both the Hong Kong and Macao Special Administrative Regions.