Air India says Rajiv Bansal takes cost as chairman and managing director; Ashwani Lohani completes his one-year tenure final week

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Mumbai: Senior IAS officer Rajiv Bansal on Monday took cost because the Chairman and Managing Director of disinvestment-bound Air India.

That is the second time Bansal has taken over the reins of the nationwide service. He had served because the CMD for little over three months in 2017.

He replaces Ashwani Lohani, who accomplished his one-year tenure final week.

 Air India says Rajiv Bansal takes charge as chairman and managing director; Ashwani Lohani completes his one-year tenure last week

File picture of Air India plane. Information18

In a launch on Monday, Air India mentioned Bansal has taken cost because the CMD.

A 1988-batch IAS officer of the Nagaland cadre, he was the Further Secretary within the Ministry of Petroleum and Pure Gasoline previous to this posting.

In August 2017, Bansal was Air India’s interim CMD for little over three months. At the moment additionally, he had changed Lohani, who was then appointed because the Chairman of the Railway Board.

In January, the federal government issued the preliminary bid doc for 100 per cent stake sale in Air India, which has a debt pile of over Rs 60,000 crore.

Air India’s 100 per cent shareholding in funds service Air India Specific and 50 per cent stake in equal three way partnership AISATS would even be offered as a part of the strategic disinvestment.

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