Allcargo Logistics strengthens Board with two new Independent Directors

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Ropes in former M&M CFO VS Parthasarathy & ex-McKinsey Partner Martin Mueller

Allcargo Logistics Ltd, Indias largest integrated, end-to-end logistics solutions provider, has announced the appointments of Mr VS Parthasarathy, former Group CFO and CIO of Mahindra & Mahindra, andMr Martin Mueller, a Swiss national and a former Partner at global consulting giant McKinsey, as Independent Directors on its Board.

Mr Parthasarathy as CEO for the Mobility business, and in Group CFO and CIO roles, has served the Indian conglomerate in diverse leadership roles for more than two decades. He has over three decades of rich professional experience across varied domains spanning HR, Finance, M&A, IT and global operations. A well-known speaker in the IT and finance domain, Mr Parthasarathy has distinguished himself as a strong advocate of transformation and an astute thought leader.

Mr Mller, a graduate of Switzerlands University of St. Gallen, specialises in strategic growth of organisations with experience across Europe, APAC and the Middle East, among others. He comes with a rich experience in the logistics industry, having advised several leading global logistics corporations over the years.

Mr Mueller and Mr Parthasarathy have also joined the Board of Allcargos wholly-owned subsidiary ECU Worldwide, the Belgian multinational that operates the Groups global operations with presence in over 160 markets. ECU Worldwide is the worlds largest less-than-cargo load (LCL) consolidator, highlighted a release.

Mr 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.