Mahindra Logistics, one of India’s largest 3PL solutions providers in Logistics, has announced the appointment of V. S. Parthasarathy as its Non-Executive Director and Chairman of the Board with effect from March 25, 2020. Parthasarathy is currently the Group CFO and Group CIO of Mahindra & Mahindra Ltd until March 31, 2020. From April 1, 2020 he will take charge of the newly created Mobility Services Sector of the Mahindra Group. He is a Member of the Group Executive Board of Mahindra & Mahindra Ltd., and on the Board of several listed Mahindra Group companies, as well as other entities including Smartshift Logistics Solutions where he is the Chairman.
Commenting on his appointment, Parthasarathy said, “I strongly believe that logistics will play a critical role in helping India achieving its goal of a USD 5 trillion economy. Mahindra Logistics is already a formidable player in both the cargo and people movement business, and it will continue to redefine the logistics industry by drawing on synergies from the Mahindra Group and leveraging advanced new technologies.”