The Union Government on 23 August 2017 named Rajiv Bansal, additional secretary and financial advisor in the Petroleum Ministry, as interim CMD of Air India Ltd.
The decision came a day after the previous Air India CMD Ashwani Lohani was appointed as the Chairman of the Railway Board.
Who is Rajiv Bansal?
• Bansal is a 1988 batch IAS officer.
• He has done an earlier stint in the aviation ministry as a Director.
• He has also served in the Ministry of Electronics and Information Technology, where he looked after digital payments, IT Act, Aadhaar and internet governance.
• During his career spanning close to 30 years, he also served as Secretary of the Central Electricity Regulatory Commission (CERC), and Joint Secretary in the Department of Heavy Industries.
• He is a civil engineering graduate from the Indian Institute of Technology, Delhi.
• He also holds a diploma in finance from ICFAI, Hyderabad and an executive masters in International Business from Indian Institute of Foreign Trade, New Delhi.
About Air India
• Air India is the flag carrier airline of India.
• The airline was founded by J. R. D. Tata as Tata Airlines in 1932.
• It is owned by Air India Limited, a government-owned enterprise.
• It operates a fleet of Airbus and Boeing aircraft serving 90 domestic and international destinations.
• It is the largest international carrier out of India with an 18.6 per cent market share.
• Air India's mascot is the Maharajah and the logo consists of a flying swan with the wheel of Konark inside it.
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