Welspun One Logistics Parks (WOLP), a real estate platform, has announced the appointment of three independent members to its board of directors and investment committee.
The company recently inducted Sushil Rathi, former COO of Mahindra Logistics, and Anup Shah, Managing Partner of Anup Shah Law Firm, to its Board of Directors and Investment Committee, and Yash Gupta, former Managing Director of Hines India, to its Investment Committee.
They bring a wealth of experience, which will enhance the company’s decision-making and risk-evaluation processes in addition to meaningfully increasing strategic bandwidth, according to the company.
Commenting on his appointment, Sushil Rathi said, "As the company charts a new course in India’s exciting warehousing sector, I eagerly anticipate being able to leverage my industry expertise to contribute to assessing the company’s future investments as well as providing strategic guidance on business growth.”
Anup Shah added, “I am excited to be a part of this journey and look forward to sharing my expertise to enhance value for the company’s stakeholders.”
“I am pleased to note that Welspun One already follows a sophisticated framework to evaluate potential investments which systematically identifies business and technical feasibility along with potential risk considerations. I look forward to adding to this further by way of critical review and also by bringing global best practices assimilated through my years of experience with a leading international investor,manager,r and developer,” said Yash Gupta.