| Date: |
29-12-2015 |
| Subject: |
Karan Adani takes over as port SEZ CEO |
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AHMEDABAD: Karan Adani, son of Adani group chairman Gautam Adani, has been appointed as the chief executive officer (CEO) of Adani Ports and Special Economic Zone Ltd (APSEZ) with effect from January 1, 2016. Karan, 28, is currently executive director ports.
The decision to appoint him as CEO was taken in a board meeting held on December 28, 2015 and he will replace outgoing CEO Sudipta Bhattacharya, who is moving to the US to take over as the chief executive — North America.
Karan Adani, who holds a degree in economics from the Purdue University, US, has been managing various port operations of Adani group since 2009.
He started his career by learning the intricacies of the port operations at Mundra. Accumulating experience right from the base level over the past three years, he is now looking after the strategic development of all ports of Adani in India. "He aims to build the group's identity around an integrated logistics business model," Adani group said in a statement.
Source : timesofindia.indiatimes.com
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