DG Bhushan offers to resign from AI board

New Delhi: The Additional Secretary and Financial Advisor to the Civil Aviation Ministry and air safety regulator chief, EK Bharat Bhushan has offered to resign from the Air India Board, according to a civil aviation ministry official. However, the ministry has not responded to his offer yet.
The Board’s strength was reduced to 10 after two independent directors — Amit Mitra and industrialist Anand Mahindra — quit recently. While two functional directors — Anup Srivastava and Amod Sharma — completed their five-year term.
Bhushan, a government appointee on the airline’s board, has been a member for over two years. He was also briefly appointed as the chairman and managing director of the beleaguered airline in April, 2009 in place of CMD Raghu Menon.
In his letter, said sources, Bhushan wrote that there is a potential conflict of interest as he also holds the post of the air safety regulator. In December last year, Bhushan was appointed as the Director General of Directorate General of Civil Aviation (DGCA) for a period of six-months till June.
11/07/11 Smita Aggarwal/Indian Express

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Categories: Air India Jul 2011