Allcargo Logistics appoints Suresh Kumar R as new CEO
January 18, 2021: Allcargo Logistics announced the appointment of Suresh Kumar R as the new chief executive officer (CEO)- India and key managerial personnel (KMP) of the company with effect from January 15, 2021.
January 18, 2021: Allcargo Logistics announced the appointment of Suresh Kumar R as the new chief executive officer (CEO) - India and key managerial personnel (KMP) of the company with effect from January 15, 2021.
The company also announced the resignation of Prakash Tulsiani as CEO-CFS-ICD and key managerial personnel from Allcargo Logistics.
Allcargo Logistics' consolidated net profit fell 13.2 percent to ₹57.99 crore on a 24.7 percent rise in net sales to ₹2,336.56 crore in Q2 September 2020 over Q2 September 2019.
Suresh Kumar R is a B. Tech (mechanical engineering) graduate and a postgraduate in Business Administration from IIM Bangalore. He has the experience and knowledge of around 28 years in the telecom, consumer, media industries.
“Suresh Kumar R has played a key role in building and growing businesses coupled with change management initiatives. His experience spans designing business strategies, planning investments, enhancing customer delight, improving profitability, digital transformation, and P&L, revenue management,” says the BSE filling of Allcargo Logistics.
Kumar was associated with Vodafone Idea as operations director. In Vodafone, Suresh Kumar R was the member of the national leadership team in charge of developing company’s business strategy, investment plans, go-to-market approach and integrating the operations post the merger of Vodafone with Idea. During tenure, Suresh Kumar R has handled a variety of leadership roles – starting with sales & marketing, state and regional business operations, and national verticals.
Earlier, Kumar has worked with Wipro Consumer, The Times of India Group, BPL Mobile Cellular and Hutchison Essar Telecom.
Suresh will head Allcargo’s CFS, P&E, and Contract Logistics divisions as well as focus on overall organizational compliance and adherence to internationally accepted ESG (Environment, Safety, and Governance) standards. He will report at a strategic level to Shashi Kiran Shetty, chairman, Allcargo Logistics, ECU Worldwide and Gati, and to Adarsh Hegde, joint managing director, Allcargo Logistics, on all operational matters.
“With the corporate world taking giant steps towards digital innovation and transformation, Suresh’s seasoned leadership and perspective will accelerate the paradigm shifts needed to scale and future-proof the business. His stellar capabilities of leading organizations at diverse stages from launch to growth to transformation, backed by the multicultural experience of working across various states and cities of the country will surely prove to be a great asset as we look ahead to taking Allcargo’s business in India to the next level”, stated Shashi Kiran Shetty, chairman, Allcargo Logistics, ECU Worldwide and Gati.