Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has elevated CEO Karan Adani to the role of Managing Director, a position which was held by Gautam Adani, Chairman of the Adani Group.
Gautam Adani is re-designated as Executive Chairman of APSEZ.
The board has also approved the appointment of Ashwani Gupta, the former global Chief Operating Officer at Nissan Motors, as the new Chief Executive Officer of Adani Ports and Special Economic Zone Ltd.
Ashwani Gupta has a notable track record in fostering key partnerships worldwide, and brings nearly three decades of experience across the automotive, retail and manufacturing sectors.
APSEZ has become India’s fastest growing and largest private sector port developer and operator, with a spread of 14 ports along India’s coastline and two ports outside India. Along with its subsidiary, Adani Logistics Ltd, APSEZ is also the largest and most diversified private rail operator in India, with a considerable share in both logistics and the harbour & dredging business.
