Mumbai, May 15 (PTI) Logistics operator Allcargo Group on Thursday said it has appointed Ravi Jakhar as Director for strategy and group CFO.
Jakhar had earlier been serving as the Group Chief Strategy Officer.
In his new role, he will lead Allcargo Group's overall strategy and finance function and functionally oversee CFOs across all group companies, according to a statement.
These include Allcargo Logistics' wholly-owned global subsidiary ECU Worldwide, Allcargo Terminals, AllcargoGati and TransIndia Real Estate, the company said, adding that it will also be responsible for group-wide Centres of Excellence spanning legal, internal audit, investor relations, and mergers & acquisitions.
Jakhar will closely work with Allcargo Group Founder and Chairman Shashi Kiran Shetty to shape long-term growth strategies and drive the vision for institution building. He will continue to oversee Latin America and Oceania region, along with various joint ventures globally, it stated.
"Ravi has played a key role in our strategic and financial initiatives in recent years. He has turned around Latin America in a very quick time, bringing key people on board and contributing immensely to the group," said Shetty.
Since taking on the role of Group Chief Strategy Officer in 2020, he has led key strategic financial initiatives, including schemes of merger and demerger, fundraising, M&A, and investor relations.
In 2024, he also assumed the business leadership role for the Latin America region for ECU Worldwide, Allcargo Group said.