Agarwal resigned due to personal reasons and his resignation is with effect from Monday, the airline said in a statement.
Jet Airways stopped its operations on April 17. It is under the management control of State Bank of India-led consortium of lenders following a debt-restructuring plan.
Several top executives and board members have quit the airline. Former Chief Election Commissioner Nasim Zaidi resigned from his position as Non-Executive and Non-Independent Director on the airline's board citing personal reasons and time constraints.
Jet has been suffering bruising competition from low-cost airlines, fluctuating crude prices and a weak rupee.
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