Friday, November 24, 2017

Nasim Zaidi, Ashok Chawla to join Jet Airways' board

New Delhi/Mumbai: Two former bureaucrats S Nasim Zaidi and Ashok Chawla are set to join the board of Jet Airways, country's second largest domestic carrier by market share.

The upcoming overhaul is likely to see the resignation of former bureaucrat Dinesh Kumar Mittal who currently serves as an independent director in the board. Jet Airways has sought security clearance for both Zaidi and Chawla as required under norms and an approval is expected soon, government sources said. The airline's board is expected to ratify the changes next month.

While Zaidi retired as the chief election commissioner in July, Chawla retired as the chairman of Competition Commission of India last year.

Both Zaidi and Chawla have served as civil aviation secretaries. Zaidi served as India's permanent representative of International Civil Aviation Organisation and was also the Director General of Civil Aviation before being taking charge as the secretary in the civil aviation ministry.

The Jet board overhaul comes close on heels of the management restructuring ahead of its proposed joint venture with Air France-KLM.

Jet Airways and Chawla declined to comment while Zaidi did not respond to text message and calls seeking his comment.
24/11/17 Arindam Majumder & Aneesh Phadnis/Business Standard