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Adarsh Hegde appointed managing director of Gati-KWE

October 7, 2020: Adarsh Hegde, joint managing director, Allcargo Logistics, has been appointed as the managing director of Gati-KWE which is a 70:30 joint venture between Gati and Kintetsu World Express (KWE), Japan. Gati-KWE is one of the most important subsidiaries, handling the key business of Gati, which is the listed company.

Assumes new responsibilities even as he continues to lead Allcargo Logistics as joint managing director
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Assumes new responsibilities even as he continues to lead Allcargo Logistics as joint managing director

October 7, 2020: Adarsh Hegde, joint managing director, Allcargo Logistics, has been appointed as the managing director of Gati-KWE which is a 70:30 joint venture between Gati and Kintetsu World Express (KWE), Japan. Gati-KWE is one of the most important subsidiaries, handling the key business of Gati, which is the listed company.

Shashi Kiran Shetty, chairman, Allcargo Logistics and Gati “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.”

Also read: Mahendra Agarwal resigns as Gati's MD; EGM for his removal cancelled

In his role as the managing director at Gati-KWE, Hegde will oversee the strategic and operational aspects of all the businesses and be involved in the implementation and execution of the transformation project that is currently underway.

Adarsh Hegde, joint managing director, Allcargo Logistics, commented, “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.”

Hegde will report directly to Shetty and work closely with Bala Aghoramurthy, deputy managing director, Gati and Rohan Mittal, chief financial officer and chief transformation officer, Gati. Established in 1989, Gati is the pioneer in India’s express transportation segment and has been one of the largest in this industry.

BSE filing
Meanwhile, the BSE filling of Gati on October 6 reads, "Adarsh Hegde and Jatin Chokshi have stepped down from the position of the non-executive, non-independent directors of the company with effect from October 05, 2020, due to their pre-occupations and other professional commitments."

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