Allcargo Global appoints Essa Al Saleh, Ravi Jakhar as additional directors
- Essa Al Saleh appointed as Additional Non-Executive Independent Director for a 3-year term
- Ravi Jakhar, Group CFO, appointed as Additional Director (Non-Executive, Non-Independent)
- Appointments effective October 1, 2026, subject to member approval
- Al Saleh previously scaled Agility GIL revenue from $300 million to $4 billion
*this image is generated using AI for illustrative purposes only.
Allcargo Global Limited appointed Essa Al Saleh as an Additional Non-Executive Independent Director and Ravi Jakhar as an Additional Director (Non-Executive, Non-Independent) effective October 1, 2026. The appointments were approved by the Board via circular resolution on October 2, 2026, subject to shareholder approval.
The move follows the recommendation of the Nomination and Remuneration Committee. Al Saleh joins for a three-year term, bringing extensive global logistics experience. Jakhar, who serves as the Group Chief Financial Officer and Director – Strategy, joins the board to oversee broader strategic and financial functions.
Profiles of new appointees
Essa Al Saleh brings over 28 years of experience in building and scaling businesses across the Middle East, Europe, Asia, and the Americas. As CEO of Agility Global Integrated Logistics (GIL), he led the transformation of the business from a single-country operation with approximately $300 million in revenue to a global enterprise with approximately $4 billion in revenue, operations in more than 100 countries, and over 18,000 employees. This growth was driven by more than 40 acquisitions, culminating in the sale of the business for $4.8 billion.
Ravi Jakhar currently leads the overall strategy and finance functions for the Allcargo group. He oversees Allcargo Global business operations in North America, Latin America, Oceania, and strategic joint ventures globally. With over two decades of experience in leadership roles, Jakhar holds a B.Tech from IIT BHU and pursued entrepreneurship at Harvard Business School.
Appointment details
| Particulars | Essa Al Saleh | Ravi Jakhar |
|---|---|---|
| Role | Additional Non-Executive Independent Director | Additional Director (Non-Executive, Non-Independent) |
| Effective Date | October 1, 2026 | October 1, 2026 |
| Term | 3 consecutive years | Not Applicable |
| DIN | 11907344 | 02188690 |
| Relationship | Not related to any Director | Not related to any Director |
Both appointees have confirmed they are not debarred from accessing capital markets or holding director positions by any order of the Securities and Exchange Board of India or other authorities. The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Allcargo Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.11% | -11.46% | -10.26% | -39.76% | -39.76% | -39.76% |
How might Essa Al Saleh’s expertise in global M&A and scaling operations influence Allcargo's future acquisition strategy in international markets?
What specific strategic initiatives is Ravi Jakhar expected to prioritize in North America and Latin America given his new board-level oversight role?
Will the appointment of a non-independent director from within the group impact Allcargo's corporate governance ratings among institutional investors?
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