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AirAsia India appoints Sunil Bhaskaran as CEO

Press Trust of India  |  New Delhi 

announced appointment of veteran as chief executive officer and managing director, amid the no-frills preparing to expand its operations.

The carrier, which currently has a fleet of 19 planes, is a joint venture between and Malaysia's Berhad.

Bhaskaran's appointment would be effective from November 15, said in a release

Currently, he is vice president of at and has over three decades of experience in the fields of manufacturing, export and commercial operations with the

He would be the third and MD of Bengaluru-headquartered AirAsia India, which started operations in June 2014.

He would "oversee the next phase of expansion and growth of the company", the release said.

Bhaskaran would replace Amar Abrol, who stepped down from the position in June to join back the parent company AirAsia in Malyasia.

"We are delighted to welcome Bhaskaran as the new and MD of AirAsia India," S Ramadorai said.

With India's sector growing at a rapid pace, Ramadorai also expressed confidence that his extensive experience, ability to drive performance and work seamlessly with all stakeholders would be a great asset for

"I am thankful to the board and the shareholders (and AirAsia Bhd) for meeting with the shortlisted candidates in arriving at the unanimous selection of Bhaskaran," Ramadorai said.

Bhaskaran's appointment as the and MD is being seen as enhancing its control in the airline, which is facing stiff competition in the fast growing Indian market.

There have been reports that was looking to have its nominee at the helm of

Bhaskaran joined in 1987 and has held several senior positions in the

He is also on the Global Advisory Board of (SAI), He completed his B Tech from IIT, in 1985 and did post graduation in management from IIM, Kolkata in 1987.

and hold 49 per cent each in AirAsia India. The remaining two per cent stake is held by Ramadorai and R Venkataramanan, who is a at the domestic and has been associated with for a long time.

Meanwhile, the CBI has filed an FIR against AirAsia and other officials, including Tony Fernandes, for allegedly trying to manipulate government policies through corrupt means to get international licence for AirAsia India.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 21:35 IST