Hong Kong-listed Courage Investment, formerly Courage Marine, has announced that Zhang Liang has resigned achief executive officer of the company for personal reasons.
Zhang has already stepped down from the managing director role of Courage Investment in March.
Carl Yuen Chee Lap has taken up the CEO role in addition to his current role of financial controller. Yuen, 45, has been the financial controller of Courage Investment since 2006, and he is also a director of various subsidiaries of the company.
Courage Investment currently owns two 57,000 dwt supramax bulkers.