Miclyn Express gets new deputy CEO

THE man who helped turn around the fortunes of offshore service firm Jaya Holdings has joined the senior management of Miclyn Express Offshore (MEO).

MEO announced on Wednesday that it has appointed Venkatraman Sheshashayee (Shesh) as deputy chief executive officer effective Oct 1.

The industry veteran who led Jaya through a business transformation also held a senior management role at Greatship Global Offshore Services, which is part of the Greatship Group.

With Jaya now a cash company, after it sold all its assets for its offshore & marine business to Mermaid Marine earlier this year for S$625 million, it was expected that Mr Shesh would take his technical and bus…