Zaggle Prepaid Ocean Services Appointment of Venkatesh Ramachandran as Group CFO

Zaggle Prepaid Ocean Services has announced the appointment of Mr. Venkatesh Ramachandran as the new Group Chief Financial Officer, effective May 18, 2026. He succeeds the interim CFO, Mr. Rajesh Tummalaganti, who will continue to serve the company as the Deputy Chief Financial Officer. This leadership transition aims to strengthen the organization’s financial governance and support its strategic growth initiatives across its diverse business operations.

Strengthening Leadership Team

Zaggle Prepaid Ocean Services is set to welcome Mr. Venkatesh Ramachandran as the new Group CFO. With a career spanning over 27 years, Mr. Ramachandran brings extensive expertise in finance, corporate governance, and operational transformation. His appointment is expected to play a pivotal role in driving the company’s enterprise growth and enhancing shareholder value.

Background and Expertise

Mr. Ramachandran is a seasoned finance professional who joins Zaggle from Biological E. Limited, where he served as Chief Financial Officer. His impressive track record includes leadership roles at organizations such as NTC Logistics Private Limited, Aragen Life Sciences, and Prolifics Corporation. Throughout his career, he has successfully managed complex assignments across the pharmaceutical, life sciences, telecom, and logistics sectors.

Strategic Transition

The outgoing interim CFO, Mr. Rajesh Tummalaganti, will officially vacate the interim role at the closure of business hours on May 17, 2026. Mr. Tummalaganti will remain a key part of the finance leadership team in his continued capacity as the Deputy Chief Financial Officer. The company remains focused on operational continuity and sustained financial performance under this updated leadership structure.

Source: BSE

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