Cheetay Logistics Private Ltd, a tech-enabled logistics company, on Tuesday announced appointment of its new CEO. Majid Khan, a graduate of Stanford University, is appointed as the CEO who has been working in the US for the past two decades and has had a successful career investing in public and private companies globally. Most recently, he was a founding Principal at Tour billon Capital, a $4 billion hedge fund in New York.

In this connection, Ahmed Khan, founder of Cheetay and former CEO of Daraz.pk, said, that they are very excited to have Majid join the team full-time. Majid Khan said that he is am excited to join Cheetay. "Logistics is one of the key enablers of e-commerce and providing a fast, trackable, tech-enabled service is a large un-met need and represents an enormous opportunity in Pakistan."

Copyright Business Recorder, 2019