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Blue Dart re-appoints Balfour Manuel as MD for five years, inducts two Independent Directors

Company has inducted Prakash Apte and Padmini Khare Kaicker on its Board as independent directors, while the company shareholders approved Manuel's reappointment at a recent AGM

Blue Dart re-appoints Balfour Manuel as MD for five years, inducts  two Independent Directors
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Blue Dart Express Limited, has re-appointed Balfour Manuel as Managing Director for another term of 5 years 

Blue Dart Express Limited, South Asia's premier express air and integrated transportation and distribution logistics company has re-appointed Balfour Manuel as Managing Director for another term of 5 years with effect from 16 May 2022. The shareholders of the Company approved his re-appointment at the recently held Annual General Meeting.

Balfour Manuel has been instrumental in the success of Blue Dart since its inception. He has been with the organization since its initial days in 1983 and has played a key role in focusing on its 'People Centric' philosophy.

Sharad Upasani, Chairman, Blue Dart commented, "Despite the VUCA environment, under Balfour's leadership, we are elated to see the robust growth that Blue Dart has achieved in the last four years. His extensive knowledge and all-round experience in the logistics sector have enabled the organization to surpass emerging challenges and remain a leader in the logistics space. We are optimistic that, in the ensuing years, will be more rewarding and Blue Dart will continue to deliver excellent results year over year."

On the occasion, Balfour Manuel, Managing Director, Blue Dart said, "The next five years are going to be challenging and I am grateful to have this opportunity to set new benchmarks. Like always, we will persistently focus on overall sustainable growth and expansion and remain the nation's trade facilitator and a deeply customer-centric brand, offering a wide range of logistics solutions that cater to our customer's needs. With a keen focus on technology & digitalization, infrastructure, strengthening of our aircraft fleet, our brand, and 'people connect', we will continue to remain a provider of choice, consistently working towards the group's credo, 'Connecting People, Improving Lives."

Further, Blue Dart has strengthened its present Board composition with the induction of Prakash Apte and Padmini Khare Kaicker as Independent Directors of the Company for a term of 5 years, effective from 28th July 2022.

Prakash Apte has a B.E. (Mechanical) degree from the University of Pune and holds a Diploma in Business Management from the University of Mumbai. His professional career spans over 40 years, most of which has been with multinationals in various positions related to Specialty Chemicals, Pharma & Agribusiness industries. Prakash brings with him, immense experience in the areas of global business & strategy, finance, governance, and leadership.

Padmini Khare Kaicker is a qualified Chartered Accountant from ICAI. She is also a Certified Public Accountant (USA) and holds a Diploma in Business Finance from the Institute of Chartered Financial Analysts of India. She is Managing Partner of B. K. Khare & Co., one of the leading and reputed Indian Accounting Firms. Padmini brings with her, immense experience in the areas of strategy, finance, risk and governance, and business, and organizational matters. Blue Dart Express Ltd., offers secure and reliable delivery of consignments to over 55,000 locations in India.

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