Subsea Firm Appoints New Senior Management Team

International subsea solutions company, Kreuz Subsea, revealed Tuesday that it has appointed a new senior management team.

AJ Jain will become the firm’s new chief executive officer and Balaji Bhashyam will be the new 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 a managing director role at Harkand Group, a senior management position at Dynamic Industries International LLC and a senior executive role at Global Industries Ltd.

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.


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