Leadership Rejig At Adani Ports

In a bid to professionalize the Port behemoth, the Adani Ports has named Ashwani Gupta

Former Chief Operating Officer of Nissan Motors as the New CEO of the company. Mr Gupta’s

appointment to head the company was approved by the Board of Directors of the company on January

3rd

“Ashwani Gupta’s appointment as CEO is a strategic move to strengthen our global leadership position in the port sector. We are confident that his expertise, leadership skills and global exposure will drive exceptional growth and foster new international partnerships aligned with the Adani Group’s vision for expansion and innovation,” Karan Adani said.

Mr.Gupta, according to APSEZ, has a track record in knitting together key partnerships worldwide, and brings nearly three decades of experience across the automotive, retail and manufacturing sectors. A globally recognized leader who has led customer solutions through electrification, autonomous driving and digital transformation technologies, he has been at the forefront of industry sustainability, innovation and change, focusing on energy transition and customer centricity, APSEZ  saide.

Karan Adani has been elevated as Managing Director of Adani Ports, while Gautam

Adani will continue as Executive Chairman. In a leadership rejig aimed at splitting the

Chairman and Managing Director’s posts, Adani Ports and Special Economic Zone Ltd

(APSEZ), has elevated Chief Executive Officer Karan Adani and elder son of tycoon Gautam

Adani to the role of Managing Director at India’s biggest private port company.

Following the change, Gautam Adani, who was holding the post of Chairman and Managing Director will become the Executive Chairman of APSEZ, one of the fastest-growing integrated transport utilities in the world.

APSEZ saw remarkable growth under the leadership of Karan Adani as CEO, significantly contributing to the nation’s infrastructure development. Beginning his career with the Adani Group in 2009 at Mundra Port, he took over as CEO in 2016, after which the APSEZ portfolio rapidly expanded with the addition of four ports and terminals in India and one each in Sri Lanka and Israel.

APSEZ said it is aiming to hit 400 million tons of cargo handling at its ports by March this year as India’s biggest private port operator revises the guidance range of 370-390 million tons given at the beginning of the fiscal year, buoyed by the strong growth seen in December and the nine months of the fiscal..