IndiGo hires Rohit Philip as new Chief Financial Officer

IndiGo, the country's biggest airline by market share has announced the appointment of Rohit Philip as Chief Financial Officer.

The appointment is effective from July 18, 2016 and will see Rohit succeed Pankaj Madan who is leaving IndiGo to pursue other interests.

"We are fortunate and excited at Rohit joining the IndiGo team. His enormous and varied experience and understanding of the airline industry will greatly strengthen our team as we continue to build a world class, national air transportation network," said Aditya Ghosh.

"We thank Pankaj for his many contributions over the last eighteen months and wish him all the best in his future endeavors," he added.

"I am delighted about joining the IndiGo team at this very exciting stage of the airline's journey. I am looking forward to coming back to the airline industry with one of the leading low cost airlines in the world," said former senior vice-president with United Airlines, Rohit Philip.

Rohit will be joining IndiGo from Xerox Corporation based in Norwalk, USA, a leading global document management and business services company where he served as Corporate Vice President and Treasurer.

Rohit has formally been associated with United Airlines for 17 years where he was Senior Vice President, Corporate Strategy and Business Development. At United he also held various other senior executive roles including Vice President-Financial Planning and Analysis; Assistant Treasurer-Corporate Finance; and Vice President-Finance and CFO, Mileage Plus Holdings.

Rohit is a 1995 MBA from Cornell University and a 1992 mathematics graduate from St Xavier's College, University of Mumbai.