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Kingfisher Airlines board approves Mallya as Chairman

By: PTI    

Private carrier Kingfisher Airlines today said 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 yesterday, 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.


Besides, K J Samuel's resignation from his executive position as Executive Director and continuation as Non-Executive Director of the company was noted and approved and A Raghunathan has been designated as the Chief Financial Officer in place of Ramki Sundaram.

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