Mumbai: Mittu Chandilya, the model turned-headhunter picked by AirAsia boss Tony Fernandes to run its India joint venture, is likely to quit in March when his current two-year contract with the airline ends. Amar Abrol, chief of AirAsia Bhd's insurance arm Tune Money, is the frontrunner among three executives being considered to replace Chandilya as AirAsia India chief executive, people with knowledge of the development said.
The matter will likely come up for approval at the airline's next board meeting, expected by the end of this month. The airline has probably also selected a new chief financial officer, the people said. Chandilya's likely exit brings to a head a top-level exodus at the Indian airline, partly due to disagreements with the Malaysian parent and differences among the shareholders - AirAsia Bhd, Tata Sons and Telestra Tradeplace of Arun Bhatia.
Since it began operations less than two years ago, AirAsia India has lost or replaced about ten top executives. The list includes chief financial officer Vijay Gopalan and commercial director Gaurav Rathore, apart from the heads of flight operations, operations control, HR, cabin crew, security, group operations and corporate quality.
12/02/16 Anirban Chowdhury/Economic Times
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The matter will likely come up for approval at the airline's next board meeting, expected by the end of this month. The airline has probably also selected a new chief financial officer, the people said. Chandilya's likely exit brings to a head a top-level exodus at the Indian airline, partly due to disagreements with the Malaysian parent and differences among the shareholders - AirAsia Bhd, Tata Sons and Telestra Tradeplace of Arun Bhatia.
Since it began operations less than two years ago, AirAsia India has lost or replaced about ten top executives. The list includes chief financial officer Vijay Gopalan and commercial director Gaurav Rathore, apart from the heads of flight operations, operations control, HR, cabin crew, security, group operations and corporate quality.
12/02/16 Anirban Chowdhury/Economic Times
