Board Of Directors

Shashi Kiran Shetty

CHAIRMAN

Shashi Kiran Shetty has been pioneering the Indian logistics sector since more than two decades and has helmed major transformations riding on the growth of Indian economy. A true entrepreneur, he began early, when the logistics sector was at nascent stage in 1993, by founding Allcargo Logistics which today enjoys the status of being India’s largest integrated logistics company in the private sector. Its world-class services include MTO, Contract logistics and Project Equipment, with each carving a niche of its own.

Spearheading 10 key global acquisitions in less than a decade, Shashi Kiran Shetty sets a brilliant example of benefiting from first movers advantage, wherein he saw the formidable strength and bright future the sector holds in India and globally.

He made history in 2005-06, when the acquisition of Belgium-based ECU-LINE, the world’s second largest NVOCC player, stunned the world as its revenues were almost 5 times that of Allcargo Logistics. The winning streak continued till 2013 with subsequent acquisitions of companies in key geographies like China, Europe and the U.S.

Through strategic expansion of service portfolio across key markets and global consolidation of mergers, backed by Mr. Shetty’s zeal to cater to domestic demands, Allcargo Logistics has grown to be a global leader in integrated logistics solutions, operating in over 160 countries with 300+ offices, housing more than 8,500 team members and minting revenues to the tune of approximately USD 1 billion, with facilities which are industry benchmarks.

With Mr. Shetty’s insistence on quality, impeccable execution and customer satisfaction, Allcargo Logistics is recognised as one of the most professionally- managed and process-driven organisations.

Consistent and valuable contribution to the sector led him to being awarded with the prestigious ‘Lifetime Contribution to Freight Award’ at the Global Freight Awards 2015, London.

For strengthening trade between India and Belgium through the economic initiatives of Allcargo Logistics and ECU-LINE, Mr. Shetty was conferred with the highest civilian honour – ‘Distinction of Commander of the Order of Leopold II’ by H.M. King Philippe of Belgium in 2015.

In recognition of his business leadership and outstanding contributions as CEO, he was awarded the ‘Entrepreneur of the Year’ in the Services Category by Ernst & Young in 2010, in addition to several industry awards.

Mr. Shetty was awarded the ‘Honorary Doctorate’ by Mangalore University in 2015, for his professional achievements, as well as for his philanthropic contributions. Mr. Shetty is a staunch believer of CSR and actively leads the initiatives of Avashya Foundation, the group’s NGO wing involved in Natural Disaster Relief, Education, Healthcare, Women Empowerment, Sports and Environmental Sustainability.

He is a sports enthusiast and an avid golfer.

Kaiwan Dossabhoy Kalyaniwalla

Chairman and Non-Executive Director

Kaiwan Kalyaniwalla is the Chairman of the Company. He is a Solicitor and Advocate of the Bombay High Court and a partner of Maneksha & Sethna, a law firm based in Mumbai. He has a bachelor’s degree in economics and political science and a Bachelor of Laws degree from the University of Mumbai. He has been in the practice of law for over 22 years and is enrolled as a Solicitor of the Supreme Court of England and Wales. His practice is predominantly in the field of corporate laws, property laws, tax laws and general commercial laws.

Suresh Kumar R

Managing Director

Suresh is a seasoned professional with over 30 years of experience in Telecom, Logistics, Consumer, and Media industries.

In a variety of leadership and operational roles he has launched and nurtured businesses creating strong consumer and channel equity. Recognised for managing businesses of scale including in periods of transformation and turbulence across a variety of markets and delivering sustainable value. He is a Mechanical Engineer and a post graduate from IIM Bangalore.

Vaishnav Shetty

Non-Executive Director

Vaishnav Shetty is the Chief Digital Officer (CDO) of Allcargo Logitics Limited Group, a global logistics conglomerate with operations in 180 countries, and one of India’s largest end-to-end, integrated logistics solutions provider.

He spearheads the organization’s collaboration with startups in the logistics sector, leading a new cell for the incubation, acceleration, and investments in startups. Backed by his leadership, the digital functions of group companies of Allcargo Logitics Limited Group, have created industry-first solutions leveraging data science and analytics, machine learning, and automation. He has also been the force behind creating the world’s first end-to-end LCL platform, ECU360, which continues to set industry benchmarks for its user experience and adoption, globally. Vaishnav is also involved in the conceptualization and implementation of key business strategies that further Allcargo Group’s strides towards its business goals and purpose.

Having pursued Economics from Emory University in the USA, Vaishnav honed his on-ground professional experience through an internship in Singapore-based OOCL, Dacheng Law and Stamford Law, London-based Blackstone Group, and worked with renowned global organizations like Ernst & Young (EY), before taking on the mantle to lead the organization’s digital initiatives.

Mahendra Kumar Chouhan

Independent Director

M.K. Chouhan is a Board Advisor and Management educator. He is a renowned thought leader in Corporate Governance, ESG & SDGs space. He holds a certificate from Global Corporate Governance Forum, IFC – World Bank Group, as trainer for the board of directors.

He has been Chairman of Fino Payment Bank and sits on the boards of a couple of other companies as Independent Director. He is Managing Director of Mahendra & Ardneham Consulting (P) Ltd, a successful board advisory consulting company, and advises companies on embedding ESG in their corporate strategy. Mr. Chouhan is an institution builder and spends a considerable amount of his time for non profit activities. He is Chairman of Mahendra & Young Knowledge Foundation and Vice Chairman – Global Advisory Board, Asian Centre for Corporate Governance & Sustainability.

Outside India, he is a member of the International Integrated Reporting Council (IIRC), UK, Independent Appointment Committee of GRI, Amsterdam, Global Board of International Institute of Governance and Leadership, Amsterdam, and is a board member of IMC Chamber of Commerce & Industry. He is former President of Bombay Management Association.

He has previously served on a couple of policy making and regulatory committees such as SEBI Committee on Corporate Governance as well as the Ministry of Corporate Affairs Committee for the National Policy on Corporate Governance. He has served on the boards of a wide range of industries, such as financial services, capital goods, exposition, Education Finance and housing Finance etc.

Prof. Chouhan is a frequent speaker at several international forums and a visiting faculty at B-Schools like, Jamanlal Bajaj Institute of Management Studies, International Law school at Tilburg University, Netherlands. In past he has taught at IIT Mumbai, Shailesh J Mehta School of Management (SJMSOM).

He is a science graduate and MBA with Finance specialisation. He also holds a certificate on Governing the Corporation: Global Perspectives in the Indian Context from the Wharton School, University of Pennsylvania, USA. He relies on yoga for his spiritual health, Tennis & Golf for his physical health.

Prafulla Chhajed

Independent Director

Prafulla Chhajed is a fellow and practicing member of the Institute of Chartered Accountants of India (ICAI) and member of CPA (Australia). He has done LLB (Gen) and holds ICAI certificate on Forensic Accounting & Fraud Detection and Certificate on Business Responsibility and Sustainability Report (BRSR).

He was the President of The Institute of Chartered Accountants of India (2019-20) and was Chairman of WIRC of ICAI (2007-08). Presently, he is serving on the Board of State Bank of India as an Independent Director. He is Deputy President of Confederation of Asia & Pacific Accountants (CAPA), Malaysia (2021-2023). He is member of Professional Accountancy Organisation Development Group of International Federation of Accountants (IFAC), New York. He is member of Board of Management of Mumbai School of Economics & Public Policy (University of Mumbai). He is Governing Council Member and Chairman of Banking, Finance and Information Technology Committee of Maharashtra Chamber of Commerce, Industry and Agriculture.

In the Past, He has served as an Independent Director in Insurance Regulatory & Development Authority (IRDA) and as member of Primary Market Advisory Committee of SEBI. He has served as Director in ICAI Accounting Research Foundation, Director in Indian Institute of Insolvency Professionals of ICAI, Director in ICAI Registered Valuers Organisation ,Director in Extensible Business Reporting Language (XBRL) India. He was Chairman of Executive Committee of World Congress of Accountants 2022 constituted by International Federation of Accountants (IFAC). He has served as an Independent Director in SBI Mutual Fund Trustee Company (P) Ltd and also an Independent Director of GIC Housing Finance Limited. He has served on various National and International organisations such as SAFA, IFAC SMP committee, CA Worldwide, Integrated Reporting Council etc. He has widely travelled across the globe and addressed many seminars and conferences both in India and Internationally.

Radha Ahluwalia

Independent Director

For over two and a half decades, Radha Ahluwalia created and led industry leadership networks across India.

After a career spanning two decades at IMA, one of India’s premier business research firms, which she led as Managing Director to leadership positions in both content and peer networks, Mrs Ahuwalia now lends her time selectively to guide start-ups in various areas. These include leadership and corporate governance, Government/Industry alliances and community/network development. She is General Partner of Work10M, a work and education focused fund and research institute centred on investments in early stage start ups with direct linkages to work and employability.

In her personal capacity, she is closely involved with community development and social responsibility initiatives centred on conservation and animal welfare, employability and livelihoods, and healthcare.