Allcargo Terminals Limited (ATL), an independent entity demerged from Allcargo Logistics Limited, announced the appointment of Ashish Chandna as Chief Executive Officer of the company, with effect from November 15, 2023.
According to the company’s exchange filing, “, this is to inform you that the Board of Directors of the Company at its Meeting held today i.e., November 06, 2023, inter alia approved the appointment of Mr Ashish Chandna as Chief Executive Officer and Key Managerial Personnel of the Company based on the recommendation of Nomination and Remuneration Committee and under Sections 2 (51) and 203 of the Companies Act, 2013 with effect from November 15, 2023.”
Ashish Chandna, known better as Captain Ashish Chandna, he holds a master’s degree in Nautical Science from South Tyneside College, South Shield UK.
He has been a leading name in the shipping and logistics industry for over two decades now, with more than 11+ years’ experience in logistics industry and 17 years sailing experience.
Capt Ashish Successfully Listed Navkar Corporation ltd in 2015, Post that Capt Ashish went on to acquire Speedy Multimode in 2016, one of the leading and colossal CFS facilities at JNPT, Mumbai. He then went on to shake hands with logistics giant Allcargo group. With a streamlined vision he drove the company ahead to acquiring complete market domination pan India. He has been pivotal in transforming the CFS industry in India since 2011.
His immense prominence as a high risk taker with innovative decision making skills in business has enabled him to carve a niche for himself. A sought-after angel investor and a bonafide new age leader, Ashish truly believes in the power of innovation and strategic acceleration, the statement said.
Ashish also demonstrates firm solidarity towards the booming startup culture in India and has made key investments in lucrative ventures viz Cherise India Pvt Ltd, Rush Beauty Mart, Inspire Co Spaces, as per the statement.
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