Nakul Malhotra and Rod Steel will join the board as trusted advisors to shape and guide the go-to-market strategies of CyberOwl, working closely with the leadership team.
Both advisors bring experience in the fields of commercial strategy, technology and innovation in the maritime industry.
Nakul Malhotra, vice president open innovation, is deeply engaged in the ongoing digital transformation of Wilhelmsen and the wider maritime sector. Nakul brings over 25 years’ experience in the maritime sector including leadership positions in sales, operations, marine engineering and product management. A recognised thought leader in maritime innovation, he sits on the Corporate Committee for Investments of Motion Ventures, an investment fund supporting tech innovation for the maritime industry, and a Singapore Government Appointed Investment Partner.
Rod Steel, global head of IT, The China Navigation Company leads the strategic direction for IT at China Navigation. Having held a number of head of IT roles during his 30+ years’ experience, including at Wallem Group and Bengal Tiger, he has been leading technology strategy, operations and transformation at organisations across the maritime value chain, with recent in-region experience in Singapore, Hong Kong and the wider Asia Pacific region.
Daniel Ng, CEO of CyberOwl, said: “We have made it our mission to ensure the progress of innovation in shipping isn’t hampered by cyber risks. It is important that we do this in a way that both disrupts but respects the sector and all its quirks. This is where Nakul and Rod’s decades of experience can add real horsepower. The CyberOwl team has already benefited greatly from Nakul and Rod’s strategic challenge, insightful analysis, practical advice and networks. We’re really looking forward to working closely with them over the coming months and years.”
CyberOwl recently announced that its cybersecurity monitoring solution Medulla currently identifies 30-40 incidents on average per month across the fleets it works with – equivalent to 1 new cyber incident every day.