NEWS DETAILS

Date: 22/11/2024

Allcargo Gati elevates Deepak Pareek to Chief Financial Officer

Allcargo Gati Limited (formerly Gati Limited), one of India’s premier Express Distribution and Supply Chain Management companies, has appointed Mr Deepak Pareek as the Chief Financial Officer. Deepak assumes this role following his tenure as Deputy Chief Financial Officer of Allcargo Gati, where he contributed significantly to the company’s financial planning and operational efficiency.
 
Deepak brings over two decades of experience in infrastructure project planning, execution and financing, project management, debt and equity fund mobilisation, managing and implementing the financial strategies, business management advisory, audit process management, etc. A Chartered Accountant (CA), Cost & Management Accountant (CMA) and Company Secretary (CS Inter), he held CXO responsibilities with Infrastructure Leasing & Financial Services Ltd (IL&FS) Group before joining Allcargo Gati.
 
Commenting on the appointment, Mr Ketan Kulkarni, Deputy Managing Director of Gati Express and Supply Chain Pvt. Ltd, said, “Deepak’s wealth of experience across finance makes him a valuable addition to the Allcargo Gati’s leadership team. As Allcargo Gati enters the next phase of growth, his expertise will play a critical role in driving the financial model and efficiency. His strategic capabilities, financial acumen and in-depth knowledge will set the stage for growth and create sustainable value for all stakeholders, as we continue our journey, going forward”. 
 
Said Mr Deepak Pareek on his elevation: “I am excited about the new role. Allcargo Gati is poised to grow on the back of the improved infrastructure, enhanced service quality and sales acceleration initiatives in addition to unmatched reach across India. As the company is working on strengthening its position in the express and contract logistics space. I look forward to being a part of the leadership team to create sustainable value.”
 
Allcargo Gati Limited is dedicated to deliver integrated express logistics and supply chain solutions across sectors. The company recently achieved its highest-ever volumes in October, driven by exceptional customer service, the addition of new clients and a strategic focus on key sectors such as E-commerce, Retail and Chemicals. With a commitment to providing customised solutions and enhancing operational efficiency, Allcargo Gati is well-positioned to further solidify its reputation as a reliable logistics partner, emphasised a communique.
 
Source: Exim News Service: Mumbai, Nov. 21