IndiGo appoints a new Chief Financial Officer
Jiten Chopra, a former executive at BSR & Co (KPMG) Audit and risk team, will take over as the chief financial officer at InterGlobe Aviation Limited (IndiGo) from 21 February, the airline said in a statement.
Chopra will report to Ronojoy Dutta, the Whole Time Director and CEO. Chopra succeeds Aditya Pande who is "leaving IndiGo to pursue other interests" said a statement. Pande took over the CFO role in September 2019.
On his appointment, Ronojoy Dutta stated, “We are fortunate and excited at Jiten accepting this position. His enormous expertise prior to IndiGo and his experience since February 2020 when he joined us, will greatly strengthen our team as we continue to build a world-class national air transportation network.”
Chopra joined IndiGo in February 2020 as Head of Governance, Risk and Compliance. Prior to joining IndiGo, he had about 25 years of working experience at BSR & Co (KPMG) in Audit and Risk Management, Business Development, Operations, and Transaction Services.
He is an FCA from The Institute of Chartered Accountants, India (1995) and a CWA from the Institute of Cost Accountants, India (1995).
Chopra's appointment comes almost a few weeks after IndiGo, which happens to be the country's largest domestic carrier, reported its fourth consecutive quarterly loss. The airline's loss for the recently concluded October to December 2020 period stood at Rs620.14 Cr. While the aviation sector has started recovering from the pandemic inflicted woes, there is still a long way to go before things return to what they were before COVID hit.