Otto Marine appoints new group CEO

OFFSHORE marine company Otto Marine Limited on Thursday said the group has appointed existing executive director Michael See Kian Heng as its group chief executive officer.

Former group CEO Garrick James Stanley will take up the role of president of the group's shipping and chartering segment - the largest segment contributor of the group.

Reporting to the group CEO, Mr Stanley will be responsible for overall performance of shipping and chartering and will be accountable for its profitability, growth and sustainability.

Mr See's group CEO responsibilities will be supported by the president of shipyard, president of shipping and chartering, senior executive vice-president for newbuilding, group chief financial officer, and other members of the senior management team.

The appointments are effective Thursday.