AirAsia India on Tuesday appointed Tata group veteran Deepak Mahendra as its new chief financial officer with immediate effect.
His appointment confirms media speculation that the Tatas would have a larger say in the running of the low-cost carrier that is mired in attritions at the top level and an ongoing Enforcement Directorate (ED) probe into allegations of money laundering.
Mahendra replaces Ankur Khanna, who quit last month within ten months of joining the airline, after the ED summoned him in connection with the alleged financial wrongdoings at the airline under its earlier head. The ED is probing a Rs. 22 crore scam in the airline.
Mahendra has been with Tata Power as the chief of corporate finance and accounts since 2008. He started his career with Tata Steel.
A chartered accountant, Mahendra brings with him over three decades of experience in the finance function in diverse organisations.
07/02/17 PTI/NDTV
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His appointment confirms media speculation that the Tatas would have a larger say in the running of the low-cost carrier that is mired in attritions at the top level and an ongoing Enforcement Directorate (ED) probe into allegations of money laundering.
Mahendra replaces Ankur Khanna, who quit last month within ten months of joining the airline, after the ED summoned him in connection with the alleged financial wrongdoings at the airline under its earlier head. The ED is probing a Rs. 22 crore scam in the airline.
Mahendra has been with Tata Power as the chief of corporate finance and accounts since 2008. He started his career with Tata Steel.
A chartered accountant, Mahendra brings with him over three decades of experience in the finance function in diverse organisations.
07/02/17 PTI/NDTV
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