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Air India on Wednesday announced the appointment of former Ethiopian Airlines Group chief Tewolde Gebremariam as the next Managing Director and Chief Executive Officer. He will replace Campbell Wilson, who announced his resignation in April this year. In a release, Air India said it rigorously evaluated internal as well as highly accomplished external candidates from across the world before deciding on Gebremariam. The appointment comes at a crucial time when the loss-making Air India is working on expansion amid multiple external headwinds. Gebremariam has served as the CEO of Ethiopian Airlines Group, where he spearheaded a multi-billion-dollar expansion, transforming a regional carrier into Africa's largest and most profitable airline, the release said.
Syngene International Ltd on Friday said that its Managing Director & Chief Executive Officer, Peter Bains, has resigned as part of leadership succession. Bains has resigned from the position of MD & CEO with effect from the close of business hours on June 30, Syngene International said in a regulatory filing. In his resignation letter to the chairman of the company's board, Bains said he is resigning from his position following "our recent discussions regarding leadership succession and CEO transition". Syngene International is a contract research, development and manufacturing organisation and is part of the Biocon group.
Hyundai Motor India Ltd on Thursday said Tarun Garg has officially assumed charge as its Managing Director & Chief Executive Officer (MD & CEO) from January 1, 2026. This is the first time an Indian national is heading Hyundai Motor India Ltd (HMIL), the Indian arm of South Korean auto major Hyundai Motor Company, since its inception 29 years ago. He succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company (HMC), South Korea. It is a testament to Hyundai Motor Group's confidence in India's leadership and India's growing strategic importance in the global automotive landscape, HMIL said in a statement. This leadership transition underscores Hyundai Motor Group's confidence in India's growth story and its strategic importance, setting the stage for a new era of innovation, resilience, and progress, it said. Garg's leadership will focus on four key pillars of future-ready strategy; people and market focus; customer-centric approach and 'Make in India, ...