Indian low-cost carrier IndiGo has promoted Gaurav Negi as its new chief financial officer from 1 April.
Gaurav replaces outgoing finance chief Jiten Chopra, who resigned 28 March to pursue “other interests”, says the airline, without elaborating further.
Gaurav joined the carrier on 1 December 2021 and is currently senior vice president for governance, risk and compliance. Before that, the chartered accountant spent 22 years in GE, and was Asia-Pacific finance chief at GE’s renewable energy unit.
Says IndiGo chief Ronojoy Dutta: “We are delighted to announce Gaurav’s appointment as our CFO. His vast experience at several GE companies across the world, will be extremely helpful for IndiGo and will aptly support our efforts to move to an even higher level of governance, risk management and compliance.”
The new appointment is the low-cost carrier’s latest senior leadership change in recent months. In February, airline co-founder Rakesh Gangwal said he would be stepping down from the board of the airline’s parent company as he plans to reduce his stake over the coming years.
IndiGo swung to a net profit in the three months to 31 December 2021 as travel demand began picking up.