Adani Ports and Special Economic Zone (APSEZ) elevates Karan Adani as Managing Director, replacing Gautam Adani who becomes executive chairman. Ashwani Gupta appointed as CEO.
Photograph: ANI Photo
New Delhi, Jan 3 (PTI) Adani Ports and Special Economic Zone (APSEZ) on Wednesday said that the company has elevated its CEO Karan Adani to the role of Managing Director, a position which was held by Chairman of Adani group Gautam Adani.
Gautam Adani has been re-designated as executive chairman of APSEZ.
"APSEZ, India's largest ports and logistics company, has elevated CEO Mr Karan Adani to the role of Managing Director, a position which was held by Mr Gautam Adani, Chairman of the Adani Group," the company said in a release.
The company further said its board has also approved the appointment of Ashwani Gupta, former global Chief Operating Officer at Nissan Motors, as the new Chief Executive Officer of APSEZ.
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