MISC names Rajalingam as president/CEO effective Oct 1

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has appointed Captain Rajalingam Subramaniam as president/group chief executive officer (CEO), effective Oct 1, 2022, succeeding Datuk Yee Yang Chien.

MISC, in a Bursa filing, said Yee has opted for retirement following a long and remarkable career in the maritime industry spanning more than 20 years, in various leadership roles within the group, the last being his current role which he held since 2015.

“Rajalingam began his career at sea and came ashore in 1996 and has since held various positions in the MISC Group, which included vice president, fleet management services of MISC in 2008 before being appointed as the president & CEO of AET in 2016,” it said.

He also serves the global maritime industry in various capacities including as a board member, Gard P&I and executive committee member of the International Association of Independent Tanker Owners (INTERTANKO).

Rajalingam is an Honorary Commander in the Royal Malaysian Navy, a position he has held since 2009.

He received his professional maritime training at Akademi Laut Malaysia (ALAM) and holds a Master’s Foreign Going Certificate of Competency from the Transport Ministry. He holds a Post Graduate Master in Business Administration.

In addition, he has completed the executive finance program and recently the international corporate governance and international directors program from INSEAD Fontainebleau.

Meanwhile, MISC said during Yee’s tenure, he has steered the MISC Group’s transformation into a formidable and resilient international maritime conglomerate and led the strategisation in streamlining the group’s business portfolio to deliver energy-related maritime solutions and services.

MISC said Yee played a key role in its acquisition of AET, a leading global petroleum and product shipping solutions provider, the formation of Eaglestar, a world-class integrated marine services provider and led the group’s maiden foray in securing its first deepwater floating production storage and offloading (FPSO) project in Brazil.

It added that Yee’s pioneering spirit has guided the MISC Group to diversify its portfolio into non-conventional gas shipping solutions and acquire six of the world’s largest Very Large Ethane Carriers (VLEC) in 2020, which effectively positioned the group as one of the key players in the ethane transportation market.

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