WebinarsNew
Deep DiveNew
Explore Business Standard
Air India's incoming CEO and MD Tewolde Gebremariam on Monday sought the support and cooperation of the airline's staff and called for minimising disruptions. In his first address to the employees, Gebremariam said Air India has a powerful heritage, a strong brand and enormous potential. "If we do the right things at the right time, the sky is the limit." On August 5, Air India announced the appointment of Gebremariam as the CEO and MD after a comprehensive search, overseen by a dedicated board committee. He comes with nearly four decades of experience at Ethiopian Airlines Group, including as its CEO for over 11 years. Addressing the employees on Monday, he said that he is coming from the US and that "we will Make Air India Great Again (MAGA)". Recalling his stint in Mumbai in the 1990s, Gebremariam said at that time, Air India was at the top of the industry and now, he will have the opportunity to again make it a strong brand. Safety-first culture has to be the number one prior
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.