By Samachar Vishesh News
Chandigarh 11th
July:- Mahindra Logistics Ltd. (MLL), one of
India’s largest 3PL solutions providers, announced today that its Board of
Directors has appointed Rampraveen Swaminathan as its next Chief Executive
Officer effective October 1st 2019. The current CEO, Pirojshaw
Sarkari (Phil), will then be moving to another significant role within the
Mahindra group.
The appointment comes at the end of a
detailed search undertaken by the Board as a part of the succession planning
process.
Rampraveen Swaminathan will join MLL as
CEO-Designate and will work closely with Mr. Sarkari to ensure a smooth
transition. Rampraveen Swaminathan will take over as CEO from October 1st 2019.
Commenting on the appointment of Rampraveen
Swaminathan, Zhooben Bhiwandiwala, Chairman of the Board said that we are
delighted to welcome Rampraveen. Swaminathan as the next CEO of MLL. He
has two decades of relevant industry experience spanning Automotive, Paper and
the Energy sectors. He has a strong track record of leading businesses,
including having been CEO & MD of International Paper APPM, which is a
publicly listed company. The Board believes that he is the right person to lead
MLL in the next phase of our growth. The Board wishes to place on record its
sincere appreciation of the outstanding contribution of Pirojshaw Sarkari
for his leadership over the last decade in growing Mahindra Logistics into a
position of industry leadership and for his continuing support during this
transition. Pirojshaw Sarkari will move into a significant leadership role
within the Mahindra Group as part of our leadership rotation and talent
development process”
Darius Pandole, Chairperson of the
Nomination & Remuneration Committee, stated that after a comprehensive search
effort, we are pleased to appoint Rampraveen Swaminathan as the CEO. He was the
top choice from a pool of highly qualified candidates. With his strong track
record and extensive experience, we believe, we have the right person to lead
MLL.
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