2-Mar-2016 10:44 AM
Jet Airways appoints CFO as acting CEO
Jet Airways stated (01-Mar-2016) CFO Amit Agarwal is taking on responsibility as the acting CEO with effect from 01-Mar-2016. He will function as the acting chief executive officer in addition to his responsibilities as chief financial officer until a new CEO is appointed. Mr Agarwal joined Jet Airways in Dec-2015. Jet Airways chairman Naresh Goyal said: "Amit will spearhead the Executive Management Committee of Jet Airways in delivering our strategic objectives. Jet Airways has made demonstrable progress towards achieving long-term sustainable profitability, having recorded three consecutive profitable quarters. Our business performance clearly demonstrates that our efforts are showing positive results". [more - original PR]