Allcargo Group, an India-born global logistics conglomerate, has appointed Ravi Jakhar as Director – Strategy & Group CFO. Ravi assumes the new position after serving as Group Chief Strategy Officer for the last few years.
In this new role, Ravi will lead Allcargo Group’s overall strategy and finance function. He will functionally oversee CFOs across all group companies, including Allcargo Logistics’ wholly owned global subsidiary ECU Worldwide, Allcargo Terminals, Allcargo Gati and TransIndia Real Estate. He will also be responsible for group-wide Centres of Excellence spanning Legal, Internal Audit, Investor Relations, and Mergers & Acquisitions.
Ravi will closely work with Shashi Kiran Shetty, Founder and Chairman, Allcargo Group, to shape long-term growth strategies and drive the vision for institution building. Ravi will continue to oversee Latin America and the Oceania region, along with various Joint Ventures across the globe.
Since taking on the role of Group Chief Strategy Officer in 2020, Ravi has led key strategic financial initiatives, including schemes of merger and demerger, fund raising, M&A, and investor relations. In 2024, he also assumed the business leadership role for the Latin America region for ECU Worldwide. The region has since emerged as the Group’s fastest-growing market, marked by a significant turnaround and growth initiatives across South and Central America.
Shashi Kiran Shetty, Founder and Chairman, Allcargo Group, said, “Ravi has played a key role in our strategic and financial initiatives in recent years. His flair for initiative and risk-taking abilities with a balanced approach, make him a strong leader. He has turned around Latin America in a very quick time bringing key people on board and contributed immensely to the group. Ravi, together with the support of skilled finance team around the world & respected members of board of directors, internationally & domestically, will work towards the mission to accomplish world class finance organization for the group. I wish Ravi continued success in his expanded responsibilities.”
Ravi Jakhar, Director – Strategy & Group CFO, Allcargo Group, said, “I am truly honoured by the trust placed in me and am excited to take on additional responsibility. I see immense opportunities for growth for our group across all businesses and also believe that we can create significant value for all stakeholders with sharper focus on financial management. I place a very high focus on governance, building systems & processes and creating an agile organization. We shall continue to build a world-class institution by investing in right people and talent, and continuing to be resilient in the face of all adversities and driving change through tech and commercial mindset. I look forward to chart the Group’s next phase of growth.”
