Post Date : October 7, 2020
Adarsh Hegde will take over the reins of Gati-KWE as the Managing Director, as announced by Allcargo Logistics today.
Gati-KWE is one of the key arms of the recently acquired Gati Ltd.
Mr Hegde will look into the strategic and operational aspects of all the businesses at Gati-KWE. His work will also entail implementing and executing a transformation project that is currently underway, said AllCargo Logistics in its release.
He will also continue to be the Joint Managing Director of Allcargo Logistics.
“As I take over this new role, I am grateful for the opportunity and excited at the possibilities we have yet to explore because I see great potential in Gati-KWE’s expertise in the business as well as the team’s passion for delivering excellence.”~ Adarsh Hegde, Jt. Managing Director, Allcargo Logistics, on his appointment
Gati-KWE is a 70:30 joint venture between Gati Ltd and Kintetsu World Express (KWE) of Japan.
“I see great potential in Gati-KWE’s expertise in the business as well as the team’s passion for delivering excellence,” the release quoted Adarsh Hegde, joint managing director at Allcargo Logistics, on his appointment.
“I have observed Adarsh’s journey of being an outstanding leader who has been spearheading some of our most important business verticals at Allcargo. I have no doubt that he will continue to offer his best to help accelerate the transformation of Gati over the years.”~Shashi Kiran Shetty, Chairman, Allcargo Logistics and Gati Limited
Mr. Hegde will report directly to Mr. Shetty and work closely with Bala Aghoramurthy, Dy. Managing Director, Gati and Rohan Mittal, Chief Financial Officer and Chief Transformation Officer, Gati, along with an outstanding leadership team and a very dedicated work force.
Just last week, Mahendra Agarwal, Founder and Managing Director at Hyderbad-based Gati Ltd had resigned from the Boards of Gati, Gati-KWE and Gati-Kausar.
Allcargo Logistics recently acquired controlling stake in Gati Ltd foraying into the express business via the latter.
Established in 1989, Gati has been India’s express distribution pioneer and frontrunner in numerous value-added services. Gati’s extensive domestic network spans more than 19,800 PIN Codes across 735 out of India’s 739 districts