Kingfisher board okays Mallya as Chairman

Private carrier Kingfisher Airlines on Thursday said that its board has approved the appointment of Vijay Mallya as Chairman and CEO of the company and G.R. Gopinath as the non-executive director and vice chairman.
"Vijay Mallya has been appointed as managing director of the company and designated as chairman and CEO," Kingfisher Airlines said in a filing to the Bombay Stock Exchange.
The board of directors of Kingfisher Airlines at its meeting on Wednesday, approved the said appointments and has also accepted the resignation of G.R. Gopinath's from his executive position as managing director of the company and accepted his continuation as the non-executive director and vice chairman.
Meanwhile, the resignations of Jayanth K. Poovaiah, N.S. Narahari, S.N. Ladhani, P.N. Thirunarayana, Bala Deshpande and Hitesh Patel as Directors of the company were also noted, the filing added.
Piyush Mankad, Diwan Arun Nanda, Naresh Trehan and G.N. Bajpai were co-opted as additional directors on the company's board to hold office until the ensuing annual general meeting.
16/10/08 PTI/Sify

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Categories: Kingfisher Oct 2008