MISC Group President/Group Chief Executive Officer Datuk Yee Yang Chien effective has opted for retirement following a long and remarkable career in the maritime industry spanning more than 20 years.
Datuk Yee will be turning the helm over to Captain Rajalingam Subramaniam, MISC’s Chief Operating Officer and AET’s President & CEO, who will assume the role of MISC Group’s President/Group CEO effective 1 October 2022.
During his tenure, Datuk Yee steered the MISC Group’s transformation into a formidable and resilient international maritime conglomerate and led the streamlining the Group’s business portfolio to deliver energy-related maritime solutions and services. He played a key role in MISC’s acquisition of AET, 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.
Datuk 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.
Sustainability is very close to his heart, and he has been a strong advocate for global transformation and multi-stakeholder collaborations towards advancing a sustainable future for the maritime industry.
As an active global industry leader, Datuk Yee is a member of various councils and shipping committees. During his tenure, he achieved numerous international recognitions, most notably as the top 10 prominent leaders in the Lloyd’s Power List 2018 for oil and gas shipping and since 2015, has been consecutively listed among the top 50 most influential global maritime industry leaders in the Lloyd’s List Top 100 People in Shipping .
His successor, Captain 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 Berhad in 2008 before being appointed as the President & CEO of AET in 2016. Beyond his leadership roles in the MISC Group, Captain Rajalingam also serves the global maritime industry in various capacities including as Board Member, Gard P&I and Executive Committee Member of the International Association of Independent Tanker Owners (INTERTANKO). He is an Honorary Commander in the Royal Malaysian Navy, a position he has held since 2009.
Captain Rajalingam received his professional maritime training at Akademi Laut Malaysia (ALAM) and holds a Master’s Foreign Going Certificate of Competency from the Ministry of Transport, Malaysia. 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.