International subsea solutions company, Kreuz Subsea, announced that it has appointed a new senior management team with AJ Jain as new chief executive and Balaji Bhashyam as chief operating officer.
Jain brings over 25 years of executive industry experience to the role having held a number of leadership positions in the oil and gas industry across the globe.
His previous posts include 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 LLC responsible for international operations.
AJ Jain also held several senior executive assignments at Global Industries Ltd including chief operating officer and senior vice president responsible for Asia Pacific and the Middle East earlier in his career.
Global Industries was acquired by Technip in 2011.
Balaji has been with Kreuz Subsea for the last two years as vice president of business development and corporate strategy. He has more than 25 years’ operational experience in subsea project management and engineering, having previously worked in senior operational roles for Technip in Asia Pacific, Global Industries Ltd. and McDermott International.
The board of directors announced the appointments following the departure of former chief executive Kurush Contractor from the integrated marine and subsea services business after nine years of service.
“After an extensive industry-wide search, AJ Jain was identified as the clear choice for the CEO role. He brings the ideal combination of drive, commitment and operational knowledge to take the business to the next level and deliver further positive results for the business,” Kreuz Subsea director, Vincent Low, said in a company statement.
“It’s an exciting time for Kreuz with AJ at the helm and Balaji’s internal promotion, which brings continuity, having developed an intimate knowledge of the company, our clients, and our people since he joined,” he added.