Mr. M. Damodaran is the Non-Executive Independent Director and Chairman of the Board. He has held a number of important positions in the Central and State Governments and in India’s financial sector, including Chairman, Securities Exchange Board of India (SEBI), Chairman, Unit Trust of India (UTI), Chairman, Industrial Development Bank of India (IDBI), and Chief Secretary, Government of Tripura. After successful tenures at UTI and IDBI, where he led the turnaround efforts, and at SEBI where he introduced improved corporate governance practices, he set up Excellence Enablers Private Limited (EEPL), a Corporate Governance and Board Advisory consultancy firm. His pioneering role in promoting Corporate Governance in India invests EEPL with an experience-based leadership role in corporate governance advisory work. In addition, he is presently a consultant, advisor, coach and mentor and serves on the Boards of some leading companies as well as on the Advisory Boards of some foreign entities.
Dr. Anupam Khanna is a Non-Executive Independent Director of the Company. Dr. Khanna holds a Ph.D. and a master’s degree in electrical engineering and management science/engineering economic systems from the Stanford University, California. Dr. Khanna has a Bachelor of Technology degree from Indian Institute of Technology, Kanpur. Dr. Khanna joined the World Bank in December 1980. From September 2000 till March 2003 Dr. Khanna was the Chief Economist for Shell International, London where he was also a core member of the Global Scenarios Team. He again joined World Bank in September 2003 Dr. Khanna joined our Board on March 27, 2015.
Ms. Pallavi Shardul Shroff is a Non-Executive Independent Director of the Company. Ms. Shroff is the Managing Partner of Shardul Amarchand Mangaldas & Co. with over 37 years of extensive experience. Her broad and varied representation of public and private corporations and other entities, before various national courts, tribunals and legal institutions has earned her national and international acclaim. She is a member of the Competition Law Review Committee, constituted by the Government of India. Ms. Shroff has been closely involved with some of the most challenging litigation and arbitration matters in India. She appears regularly in the Supreme Court and High Courts of India, and in arbitrations, mediations and international legal disputes. She has recently been appointed on the ICC (International Chamber of Commerce) Court of Arbitration. She is presently a Director on the Boards of prestigious companies viz. Apollo Tyres Ltd., Trident Ltd., Asian Paints Ltd and One97 Communications Ltd (Paytm).Ms. Shroff was recently conferred the ‘Lifetime Achievement Award’ at the Chambers India Awards 2019 and also been recognised as one of the Most Powerful Women in Indian Business by Business Today, seven years in succession (2013-19).
Dr. Venkataramani Sumantran is a Non-Executive Independent Director of the Company. Dr. Sumantran, 61 years, has been an industry leader, technocrat, academic and author, having worked in the USA, Europe and Asia through a career spanning over 35 years. He is currently Chairman and Managing Director of Celeris Technologies since 2014, a strategic advisory engaged in the domains of autos, mobility, digital transformation, aerospace, and technologies. He serves on several statutory boards and advisory boards in India, Europe and USA. He is also an Adjunct Professor at MISI-Massachusetts Institute of Technology.
Until 2014, he served as Executive Vice-Chairman of Hinduja Automotive, UK, the auto and manufacturing sector holding company of the Hinduja Group as well as Vice Chairman of Ashok Leyland Ltd. He led the group's expansion strategy including sectors such as Light Commercial Vehicles, Construction Equipment, IT, and Emission Technologies. Previously (2001-2005), Dr. Sumantran was Executive Director of Tata Motors Ltd. and Chief Executive of the Car business during its formative years, reporting to Mr. Ratan Tata. Earlier, Dr. Sumantran had a 16-year career with General Motors starting in the Research & Development (R&D) Centre in Detroit and subsequently as Director, Advanced Engineering in GM-Europe.
Mr. Rahul Bhatia is the Promoter and a Non-Executive Director of the Company. He is also the Group Managing Director of InterGlobe Enterprises. He holds a degree in electrical engineering from the University of Waterloo in Ontario, Canada.
Mr. Bhatia established InterGlobe Enterprises in 1989 with its flagship business of Air Transport Management. With a substantial experience of over 3 decades in the travel industry, it is under his effective captainship that the InterGlobe Group has diversified its portfolio, which now includes Civil Aviation (IndiGo), Hospitality, Airline Management, Travel Commerce, Advanced Pilot Training, and Aircraft Maintenance Engineering.
In 2011, Mr. Bhatia was recognized as the ‘Entrepreneur of the Year’ by Ernst & Young and also by The Economic Times. In the same year, he received ‘The Outstanding Start-Up’ award at the Forbes India Leadership Awards as well. In 2016, he was featured on the Forbes’ Global Game Changers List.
Mr. Rakesh Gangwal, a citizen of the United States of America is the Promoter and Non-Executive Director of the Company. He holds a bachelor’s degree in mechanical engineering from the Indian Institute of Technology, Kanpur. He also holds a master’s degree in business administration from the Wharton School, University of Pennsylvania, with a major in finance. He has more than 30 years of experience in the aviation industry. Mr. Rakesh Gangwal joined United Airlines in February 1984 where he held positions of various responsibilities before leaving as Senior Vice President - Planning in November 1994. Mr. Gangwal then joined Air France as an Executive Vice President - Planning and Development in November 1994. He left Air France in February 1996 to join the US Airways Group, Inc. and US Airways Inc. as the President and Chief Operating Officer. In November 2001, he left the US Airways Group as the President and Chief Executive Officer and was engaged in private equity and consulting related activities. Mr Gangwal worked with Worldspan Technologies, Inc. from June 2003 to August 2007 as the Chairman, President and Chief Executive Officer.
Ms. Rohini Bhatia is the Non-Executive Director and the Chairperson of the CSR committee of the Company. She is also the Chairperson of InterGlobe Foundation, the philanthropic arm of InterGlobe Group.
Under Ms. Bhatia’s guidance, IndiGo’s CSR has gained both in depth and outreach and is doing exemplary work in the fields of education, heritage restoration, environment protection and women’s empowerment. She is especially passionate about heritage restoration and waste management and has led this work from the front. The restoration of the Rahim’s tomb in New Delhi is one of the finest examples of her interest in this cause.
Ms. Bhatia has a diploma in Textile designing and serves as a Director on the boards of several InterGlobe Group companies.
Mr. Anil Parashar, a Non Executive Director, is a fellow member of the Institute of Chartered Accountants of India and is a graduate in Economics from Delhi University. He has previously been a Director of the Company for a period from May 30, 2007 to March 26, 2015. Mr. Parashar has extensive operational and financial experience in handling various aspects of business including raising funds, capital restructuring, mergers & acquisitions, statutory compliances, investor relations and long term planning. He is currently the President and Chief Executive Officer & Whole time Director of InterGlobe Technology Quotient Private Limited (ITQ). Prior to this, he was the Group Chief Finance Officer at InterGlobe Enterprises Limited. He is a member of InterGlobe group’s Executive Committee and holding various positions on the Boards of several InterGlobe group companies. He is credited with over 30 years of rich experience including leadership positions at Swiss Air and Asbestos Cement Company. He is also a representative on PHD Chamber of Commerce, Assocham and FICCI Forums on Taxation and Travel & Tourism.
Mr. Gregg Albert Saretsky is a Non Executive Director of the Company. An aviation industry veteran, with an illustrious career spanning over 36 years, Mr. Saretsky is presently associated with Wood Buffalo Economic Development Corporation, Fort Mcmurray, AB as Director and Chairman of the Board (since June 2018) and RECARO Holding GmbH, Stuttgart, Germany as Director, Advisory Board (since October 2018).
Mr. Saretsky has been the President and CEO of WestJet, Calgary, Alberta (Canada) for 8 years, from March 2010 to March 2018. In this role, he was responsible for providing strategic direction to the organisation, as well as for financial management of the company. He has been instrumental in playing a pivotal role in management of shareholder and board relations, public relations, internal & external communications, labour relations, and employee engagement. During his term, the size of the airline was doubled and revenues were diversified from a regional base in Western Canada to a network of more than 100 cities in 17 countries. WestJet was recognized as Canada’s on-time airline and multi-year winner of Waterstone Capital’s “Most Admired Corporate Culture” award. Under his leadership, WestJet was awarded Trip Advisor’s Traveller’s Choice Award for “Best Airline in Canada,” “Canada’s Most Trusted Airline” from The Gustavson School of Business, and one of Canada’s “Top 3 Brands” by Canadian Business Magazine.
Prior to WestJet, Mr. Saretsky was associated with Alaska Airlines, Seattle, Washington (USA) from March 1998 till December 2008. From February 2007 to December 2008, he was Executive Vice-President, Operations and assumed the position of COO with added responsibilities for in-flight, flight operations, dispatch and system operations control personnel and the airline's relationship with the Federal Aviation Administration (FAA).
Mr. Saretsky holds a degree in Advanced Management International Management from University of Alberta, Banff, Alberta. He has also done MBA - Finance & Marketing and BSc- Microbiology & Biochemistry from University of British Columbia, Vancouver.
Mr. Ronojoy Dutta, Whole Time Director and Chief Executive Officer, is a graduate from the Indian Institute of Technology, Kharagpur and has completed his Master’s in Business Administration from the Harvard Business School. An aviation veteran, he was with United Airlines for nearly twenty years, holding a broad spectrum of leadership positions in Planning, Maintenance, Finance and Information Technology. Rono was an advisor to both Air Canada and US Airways during their restructuring and was engaged in long-term consulting contracts with Hawaiian Airlines and Air Canada. He has served on the Boards of United Airlines, US Airways and Marsico Trust Funds. Rono also has experience in the Indian aviation sector having worked with Air Sahara as President for two years.