Allcargo Gati, the Indian express-distribution and supply-chain management firm, has promoted Deepak Pareek to the role of chief financial officer (CFO). Pareek steps into this role after making significant contributions to the financial planning and operational efficiency of Gati, as the deputy CFO.
With over 20 years of experience, Pareek is well versed in infrastructure project planning, execution, financing, and business management. Furthermore, he has a strong background in managing debt and equity mobilisation, financial strategies and audit processes.
An alumnus of The Institute of Chartered Accountants of India, Pareek was earlier associated with Infrastructure Leasing & Financial Services as its chief operating officer (COO) for 13 years. He joined the company in the year 1998 as its vice president-finance. In 2006, he was elevated to the role of COO.
He has also worked with companies such as Birla International early in his career.
Acknowledging his deep financial expertise, Ketan Kulkarni, deputy managing director, Gati Express and Supply Chain, expressed confidence that Pareek’s strategic insights will be valuable as Allcargo Gati enters its next phase of growth. He will help to optimise the company’s financial model and enhance stakeholder value.
Pareek shared his enthusiasm for the role, highlighting Allcargo Gati’s growth potential through improved infrastructure, service quality, and sales initiatives. He looks forward to contributing to the company’s continued success in the express and contract logistics sectors.
Allcargo Gati offers integrated logistics and supply chain solutions across various sectors. The company recently recorded its highest-ever volumes in October, driven by superior customer service, a growing client base, and a strategic focus on sectors such as e-commerce, retail and chemicals.