Otto Marine, the Singapore-listed offshore support vessel owner and shipbuilder reports today Mr. Michael See Kian Heng has taken the reigns as Group Chief Executive Officer from former CEO Garrick James Stanley.
Stanley had previously worked as a master mariner and had been managing director of Go Marine Group since 2007, a subsidiary of Otto Marine that was fully acquired by the company in 2014. He will now take up the role of President of Otto Marine’s Shipping and Chartering segment.
Mr. See’s role had previously been that of Group CFO.
See offered the following comments on his new appointment: “I would like to extend my appreciation to the Board of Directors for their recognition and continual support of me. The volatility and declining oil prices present a challenging market. With the team we have, I am confident of achieving our goals in spite of the challenges posed by the market.
We are positive that Mr. Stanley’s extensive experience will be an asset to our shipping and chartering segment.”