Kreuz Subsea Names New CEO and COO

Singapore-based subsea service provider Kreuz Subsea has appointed AJ Jain as its new chief executive officer and Balaji Bhashyam as chief operating officer.

Jain was previously managing director at Harkand Group where he was responsible for operations in North America and Africa. Prior to Harkand, he was also part of the senior management team at Dynamic Industries International responsible for international operations.

Bhashyam has been with Kreuz Subsea for the last two years as vice president, business development & corporate strategy. He previously worked in senior operational roles for Technip in Asia Pacific, Global Industries Ltd. and McDermott International.

The appointments follow the departure of former chief executive Kurush Contractor after nine years of service.

As CEO, AJ Jain will be responsible for the strategic direction of the firm and growing the business in new markets. He was quoted saying: “I look forward to working with newly promoted chief operating officer, Balaji Bhashyam, and the other talented personnel at Kreuz to drive further strategic growth for the business and adding to our existing client portfolio.”

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