The Allcargo Group on Wednesday announced the elevation of Vaishnav Shetty, Executive Director–North Asia at Allcargo Global Ltd (AGL), to the role of Deputy Managing Director. He has also been inducted as a member of the AGL Board of Directors.

Vaishnav Shetty, son of group founder and Chairman Shashi Kiran Shetty, will work closely with AGL Managing Director Adarsh Hegde, the company said in a statement. The appointment has received approval from the Board of Directors, it added.