News: Gurcharan Das, Renuka Ramnath in new Air India board?


Gurcharan Das, Renuka Ramnath in new Air India board?

The civil aviation ministry has recommended the names of retired Air Marshal K.K. Nohwar (former vice-chief of the Indian Air Force); private equity fund manager Renuka Ramnath; writer and former P&G India chief Gurcharan Das; founder and former director of the Indian Institute of Technology, Roorkee, Prem Vrat; and professor Ravindra H. Dholakia of the Indian Institute of Management, Ahmedabad, as independent directors of Air India Ltd, according to a report in Mint.

The recommendations, now with the Prime Minister’s Office for approval, are part of the makeover in the state-owned airline that will induct eight new board members in the course of a year in which it will take important decisions, including leasing out key assets and making new subsidiaries functional in the backdrop of increased competition, the report said.

Once reconstituted, Air India’s 12-member board will largely be composed of new directors.

Read the full report here

Topics: #Appointments, C-Suite

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