Mumbai, July 17, 2023:  Allcargo Terminals Limited (ATL), which recently demerged from Allcargo Logistics, an India-origin global leader in multimodal logistics solutions, announced the appointment of Pritam Vartak as its Chief Financial Officer (CFO). Pritam's appointment is effective from 6th July 2023 and is important for strengthening the finance vertical of ATL as it expands and pursues ambitious growth.

In his new role as CFO of ATL, Pritam will assume fiduciary responsibilities and act as the Chief Financial Spokesperson for the entity. He will report to Suresh Kumar R, Managing Director, Allcargo Terminals Limited.

Suresh Kumar R, Managing Director, Allcargo Terminals Limited, said, "We welcome Pritam to the Allcargo Terminals team. His domain expertise and rich experience will assist in driving our strategic initiatives and rapid growth plans. We are excited to have Pritam on board and firmly believe he will contribute significantly to our long-term success."

Deepal Shah, Group Chief Financial Officer, Allcargo Group, added, "Pritam’s appointment underlines our commitment to building a robust Finance function for Allcargo Terminals. His deep knowledge of financial planning, reporting, and compliance will be invaluable in navigating the complexities of the logistics industry. I look forward to working together to achieve new heights."

Pritam brings a wealth of knowledge to his new position, with a remarkable career of more than 21 years. As a qualified Chartered Accountant, he has held several leadership positions.

Previously, Pritam served as the CFO of BVC Logistics. His earlier experience at DHL Supply Chain bolsters his comprehensive understanding of the logistics industry.