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AI CMD may ask for time till ’12 summer

Posted by on August 9, 2011 0 Comment

In the wake of mounting speculation that the government could soon replace Air India chairman and managing director (CMD) Arvind Jadhav and make a new appointment to the post, Mr Jadhav is likely to convey to the government that it could start the process of selecting his successor early 2012 in view of the fact that he completes three years as Air India CMD in May next year. Mr Jadhav is likely to soon convey that he is keen on moving to his next assignment only after completing three years as CMD in May 2012, and that the government needs to appoint a successor then who can further implement the financial turnaround plans of the cash-strapped airline. Mr Jadhav is a senior IAS officer of the 1978 batch. If he continues to remain CMD at least till May 2012, Mr Jadhav would by then have steered Air India through three of its most tumultuous years as a national carrier.

Speculation was rife, meanwhile that the government could have already sounded out potential successors for the post of CMD to ascertain whether they are keen to take up the assignment.

As reported earlier, when asked about whether the government was considering an immediate replacement for Mr Jadhav, top government sources had told this newspaper last week that “no decision (on this issue) has been taken as yet” and that the “government was examining the matter in totality”. Till Monday evening, the government had not set into motion any formal process to replace Mr Jadhav as CMD.

The government was understood to have been upset earlier at Mr Jadhav’s recent trip to London in the midst of a Parliament session and Air India’s financial crisis. Asian Age

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