Shashi Kiran Shetty Steps Down As Chairman & Director Of Allcargo Logistics

Shashi Kiran Shetty has resigned as Chairman and Director of Allcargo Logistics Limited due to certain other professional and personal commitments, with effect from August 5, 2026. The resignation was approved on August 20, 2026.

Shetty is the Founder of Allcargo Group, a logistics company with operations across 180 countries. He also serves as Chairman of the Board of Governors of IIM Mumbai, where he supports industry-academia partnerships. He has received several recognitions, including the Commander of the Order of Leopold II from Belgium, an Honorary Doctorate from Mangalore University, the EY Entrepreneur of the Year award and the Business Today Best CEO Award 2023. He also received the inaugural Shri Nagindas Modi Memorial Award at the 15th Maritime and Logistics Awards. Over more than three decades, he has led the group’s expansion across logistics segments and international markets, including strategic acquisitions and digital transformation initiatives.

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