New UPS MD for Indian subcontinent

UPS has appointed Rachid Fergati as its Managing Director for the Indian subcontinent. The region includes India, Sri Lanka, Bangladesh, Nepal and Maldives.

“The rise of the middle class in Indian Subcontinent countries is driving  e-commerce growth and international trade, creating opportunities for UPS to help middle market businesses expand globally,” said Jean-Francois Condamine, UPS President of the Indian subcontinent, Middle East & Africa district. “With India now among the fastest growing start-up nations in the world with over a third of the founders under 35 years old, Rachid will lead our efforts to deliver new and enhanced capabilities that make our customers and company more successful.”

Fergati was previously the Country Manager for the Middle East responsible for managing and growing the businesses in the United Arab Emirates (UAE), Bahrain, Oman, Kuwait and Qatar.