Raveendran Kasthuri appointed as CEO of ULCCS

The Uralungal Labour Contract Co-operative Society Ltd (ULCCS), one of the biggest co-operative societies in the country, has appointed Raveendran Kasthuri as its new CEO, the society said in a release.

Kasthuri, a Kannur native, would assume charge as CEO of the Malabar-based society, on August 6, it said.

Earlier, he was with IBM as its vice president and head of integrated operation.

ALSO READ | Jet Airways facing ‘financial turbulence’, can’t fly ‘beyond 60 days’

The ULCCS was formed in 1925 by the eminent social reformer Guru Vagbhatananda in a remote hamlet called Uralungal in Kozhikode district, as a novel mass movement against the anarchies of the caste system prevalent in those days.

The society has now grown to be one of the biggest Labour Contract Societies in the country, providing direct employment to more than 6000 workers from rural areas. It is now having an asset worth Rs 99402 lakhs.

ALSO READ | Coimbatore to host international textile fair in February