Tata group hospitality arm Indian Hotels Company Ltd (IHCL) today announced appointment of Deepika Rao as managing director and chief executive of its subsidiary Roots Corporation that owns and manages the Ginger brand of hotels.
Ginger is India's fastest growing budget brand of hotels, IHCL said in a statement.
Commenting on the development, IHCL MD and CEO and Roots Corporation Ltd Chairman Puneet Chhatwal said: "Further to our commitment to recognising talent from within the organisation and bringing in gender balance, we are delighted to welcome Deepika on board as the first woman to lead an IHCL company."
We believe Deepika is best suited to take brand Ginger to the next level, he added.
Deepika started her career with Tata Motors in 2000. She has had several stints across functions in various Tata Group companies for the last 18 years, IHCL said in a statement.
"She will move to her current role from her previous position as vice president, Asset Management at IHCL, where she was responsible for leading solutions for margin enhancement at the company," it added.
Deepika has also served as interim CEO for Roots Corporation in 2015 for a short period, the statement said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
