April 26, 2024 16:29 (IST)
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Jet Airways appoints Amit Agarwal as Chief Financial Officer
Mumbai, Dec 22 (IBNS): Jet Airways, India’s premiere international airline has announced the appointment of Amit Agarwal as the Chief Financial Officer (CFO) of the Company.
Agarwal, 47, is a Chartered Accountant with more than 24 years of experience having held positions in India, Europe and North America.
As Chief Financial Officer of Jet Airways, Agarwal will be responsible for all financial and fiscal management aspects of the Company’s business. He will join the Operating Committee that has been tasked by the Board of Directors to lead Jet Airway’s growth & strategy.
Commenting on the appointment, Naresh Goyal, Chairman, Jet Airways said: “I am delighted that Amit Agarwal has joined Jet Airways as Chief Financial Officer and a key member of our Operating Committee. Amit is a seasoned finance professional with knowledge and insights of Indian and international markets. His expertise across cost, finance, treasury and banking functions, combined with experience of turning around businesses makes him the ideal choice for this role.
“Jet Airways is committed to the three-year turnaround plan to achieve profitability and our recent financial performance is a clear indication that we have made significant progress in this direction. Amit’s broad experience will be valuable for the Company as we continue to implement our growth strategy.”
Agarwal joins Jet Airways having recently held the position of Chief Financial Officer of Suzlon Energy with responsibility for managing the finance function and driving its turnaround initiatives. Prior to that he held various leadership roles at Arcelor Mittal – Europe and Essar Steel.
Agarwal said: “I am excited to take up this key role at Jet Airways. During the past two decades Jet Airways has established itself as a leading Indian airline with a strong international presence. I look forward to working with the key stakeholders in ensuring the accomplishment of the Company’s strategic goals in the next phase.”
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