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Adarsh Hegde takes over as MD of Allcargo Logistics firm Gati-KWE

Hegde will continue to be joint managing director of Allcargo Logistics

Allcargo Logistics | Gati  | business news today

Aditi Divekar  |  Mumbai 

Established in 1989, Gati is the pioneer in India’s express transportation segment and has been one of the largest in this industry

today announced the appointment of Adarsh Hegde as the managing director of Gati-KWE, one of the key arms of the recently acquired Ltd.

Hegde, who took charge on October 5, will oversee the strategic and operational aspects of all the businesses at Gati-KWE. He will also be involved in implementating and executing a transformation project that is currently underway, said in its release.

Gati-KWE is 70:30 joint venture between Ltd and Kintetsu World Express (KWE) of Japan. Alongside, Hegde will continue to be the joint managing director of

“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.

ALSO READ: Allcargo Logistics zooms 20%, hits 52-week high as Board to mull delisting

Last week, Mahendra Agarwal, founder and managing director at Hyderbad-based Ltd resigned from the Boards of Gati, Gati-KWE and Gati-Kausar.

Shashi Kiran Shetty-owned Allcargo Logistics recently acquired controlling stake in Gati Ltd foraying into the express business via the latter.

Established in 1989, Gati is the pioneer in India’s express transportation segment and has been one of the largest in this industry.

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First Published: Wed, October 07 2020. 14:49 IST