Allcargo Logistics appoints new directors of the board

Avvashya House, Allcargo logistics head office, Mumbai

Allcargo Logistics Ltd, India’s largest integrated, end-to-end logistics solutions provider, has announced the appointments of VS Parthasarathy, former Group CFO and CIO of Mahindra & Mahindra, and Martin Mueller, a Swiss national and a former Partner at global consulting giant McKinsey, as independent directors on its board.

Mueller and Parthasarathy have also joined the board of Allcargo’s wholly-owned subsidiary ECU Worldwide, the Belgian multinational that operates the Group’s global operations with presence in over 160 markets. ECU Worldwide is the world’s largest less-than-cargo load (LCL) consolidator.

Shashi Kiran Shetty, founder & chairman, Allcargo Logistics, said: “Allcargo has always set its sights on creating global benchmark in corporate governance. With Partha and Martin joining our Board, in addition to other distinguished members in the board already, I expect this intellectual and diversified combination of cross-functional leadership and professional expertise will help us immensely as Allcargo prepares to move forward in its journey of excellence leading to meet our vision for the future.”