Allcargo Global elevates founder’s son Vaishnav Shetty to deputy managing director post in leadership succession

Allcargo Global Ltd (AGL), the international supply chain arm of the Allcargo Group, has announced the appointment of Vaishnav Shetty as deputy managing director, with immediate effect. 

He, the son of Allcargo Group founder and chairman Shashi Kiran Shetty, has also been inducted into the Board of Directors of Allcargo Global. 

AGL represents the largest business of Allcargo Group, contributing 80% of its annual revenue.

Mr. Vaishnav Shetty will work closely with Adarsh Hegde, the managing director. Allcargo Global Ltd so that he would be groomed for large roles in future.

“His elevation underscores the group’s structured approach to succession planning and building a digital-first and future-ready organisation,” the company said in a statement.

The appointment has been approved by the Board of Directors and comes at a critical juncture of Allcargo Group’s ongoing restructuring exercise, under which its businesses are being reorganised into four independent and focused entities. 

As part of this process, the group’s International Supply Chain business has been demerged into Allcargo Global Ltd, which is proposed to be listed, enabling sharper strategic focus and greater operational agility.

Shashi Kiran Shetty, founder and chairman, Allcargo Group said, “Mr. Vaishnav’s appointment reflects our commitment to build a strong leadership framework capable of driving sustainable growth, operational excellence, and digital innovation in an increasingly competitive global logistics environment.”

“His impact across digital transformation and business leadership demonstrates the readiness of the next generation to step up and strengthen the organisation. His progression underscores our belief in developing leadership from within, ensuring continuity, resilience, and long-term value creation for all stakeholders,” he said.

Adarsh Hegde, managing director, Allcargo Global Ltd said, “Mr. Vaishnav represents the next-generation of leadership at Allcargo, geared up to lead the next phase of growth. With his innovation-driven and technology-oriented mind-set, I am confident that he will contribute even more significantly to our mission to build an organisation that leads the global logistics landscape”.

Commenting on his appointment, Mr. Vaishnav Shetty, deputy managing director, Allcargo Global Ltd said “ As we prepare for the next phase of growth, our focus will remain on customer centricity, technology-led innovation, and disciplined execution. We look forward to leverage emerging opportunities to strengthen India’s role in global trade by deepening our capabilities and expanding our global footprint.”

An alumnus of Emory University, USA, Mr. Vaishnav joined Allcargo Group in 2017 and has been spearheading multiple portfolios across the group.

He has been instrumental in driving the group’s digital transformation and adoption of data-led, next-gen technologies as well as AI-enabled processes. 

As chief digital officer of Allcargo Logistics Ltd, he led the group’s digital and innovation agenda. Under his leadership, Allcargo launched several industry-first digital solutions, enhancing customer experience and operational efficiency, the company said. 

In his previous role as Executive Director – North Asia, Mr. Vaishnav has led various strategic initiatives to further strengthen and consolidate AGL’s position in this region, the company added.