Raghu Menon opts out of Nacil top job race

New Delhi: In a surprise move, Raghu Menon, one of the top contenders for National Aviation Company of India Limited’s (Nacil) chairman and managing director (CMD) position, has opted out of the race as he believes he is too senior for the post.
The closely contested race had around 51 candidates initially, which was eventually brought down to 16 last week, and, with two candidates opting out, the list was finally pruned to 14.
Ranjan Chatterjee, Meghalaya chief secretary and former joint secretary in the ministries of civil aviation and defence, has also bowed out of the race.
The list will be brought down to two by February 15. The final list of candidates will then do the administrative rounds before the Cabinet secretary announces the final name.
Nacil’s chairman and managing director position is a par with an additional secretary in the Government of India. If Menon would take the Nacil CMD post, it would be a step down for him as he is currently the financial advisor in the civil aviation ministry and was recently promoted to the secretary level.
The CMD post in Nacil is currently occupied by V Thulasidas who will superannuate on March 31 and a replacement for him would be in place by then.
06/02/08 Shauvik Ghosh/Financial Express

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Categories: Air India - International Feb 2008, Air India Budget Feb 2008, Air India Domestic Feb 2008, Air India Regional Feb 2008, NACIL Feb 2008