Within a day of getting a ‘reluctant’ Ratan Tata aboard AirAsia
Within a day of getting a ‘reluctant’ Ratan Tata aboard AirAsia India, Tony Fernandes effected another triumph today by appointing erstwhile TCS chief S. Ramadorai as its Chairman, ending months-long suspense and having in place the entire top management team.
Tata Group patriarch Ratan Tata’s appointment as chief advisor was announced yesterday. AirAsia Group chief executive officer Tony Fernandes today announced the name of Tata Consultancy Services vice-chairman S. Ramadorai as the chairman of his proposed low-cost airline venture here.
Subramanian Ramadorai was also formerly the chief executive of the country’s largest software exporter.
“I would like to confirm Ramadorai as chairman of AirAsia India, a giant of Indian industry, and a man from the South,” Fernandes tweeted.
“That completes our team. Advisor, chairman, CEO and the board. Quite a heavyweight team for super exciting AirAsia India,” Fernandes posted on micro-blogging site Twitter.
Ramadorai is the fourth person from the Tata group
Ramadorai is the fourth person from the Tata group to hold a position in airline joint venture after Ratan Tata as chief advisor, and R Venkataraman (former executive assistant to Ratan Tata) and Bharat Vasani (chief legal counsel of the Tata Group), who are directors on the board.
AirAsia India is a joint venture of Air Asia, Tata Sons and Arun Bhatia of Telestra Tradeplace with 49:30:21 holding.[source:financialexpress]