Mumbai, 9th June’23: Blue Dart, South Asia’s premier express air, integrated transportation, and distribution logistics company, announced the appointment of V N Iyer as Group CFO for Blue Dart Express Ltd. (BDEL), Blue Dart Aviation Ltd. (BDAL) and Concorde Air Logistics Ltd. (CALL), and Sudha Pai as CFO, Blue Dart Express Ltd. effective from 1st September 2023.
V N Iyer has an extensive background in accounts, finance, taxation, treasury operations, financial analysis, and internal controls framework, and brings over three decades of experience to his role as Group CFO. He holds a BSc in Statistics and is a qualified cost accountant. Previously, he served as the CFO of Blue Dart Aviation Ltd for five years and possesses valuable expertise in Aviation Finance.
Taking charge of the CFO role is Sudha Pai, a qualified cost accountant who currently serves as the Chief Financial Officer in DHL Global Forwarding, India, a subsidiary of the DHL group. Sudha Pai has demonstrated her financial acumen as the Finance Director of Ezyhaul India Pvt Ltd and as the CFO & Compliance Officer of DHL Logistics Pvt Ltd (Freight Forwarding division). With her expertise, she successfully managed the finance function for a turnover of INR 8,000 crore and oversaw four major divisions and a workforce of over 800 employees. In her role at DHL Global Forwarding, Sudha Pai is a key member of the senior management team, directly reporting to the Regional CFO and having a dotted line reporting to the Country CEO.
With the appointment of VN Iyer as Group CFO and Sudha Pai as CFO, Blue Dart has further enhanced the company’s financial leadership towards driving its strategic objectives of delivering excellence in a digital world. The company is committed to consistently innovate, with the aim of being the Sustainable Logistics Provider, preferred investment, and employer of choice for its stakeholders.