Saturday, March 02, 2024
Outlook India
Outlook Business

InterGlobe Enterprises Appoints Ex-Udaan CFO Aditya Pande As Group CEO

Aditya Pande, former CFO of IndiGo and B2B e-commerce start-up Udaan, is set to assume the role of Group CEO at InterGlobe Enterprises (IGE) from March 1, 2024

InterGlobe Enterprises Appoints Ex-Udaan CFO Aditya Pande As Group CEO
Aditya Pande

Outlook Start-Up Desk

POSTED ON January 23, 2024 11:37 AM

Domestic travel conglomerate InterGlobe Enterprises on Monday announced the appointment of Aditya Pande as group chief executive officer.  

The appointment of Pande is effective from March 1, 2024, and he will report to (Group Managing Director) Rahul Bhatia, the Gurugram-based firm said in a statement.  

With the exception of IndiGo, Aditya will have overall responsibility for setting InterGlobe's strategic agenda and to oversee and continuing to strengthen the leadership of the company's line businesses and the corporate staff functions, the company said.  

Pande, who has served no-frills carrier IndiGo as its CFO from September 2019 to February 2021, has joined InterGlobe Enterprises from B2B e-commerce platform udaan.  

With diverse and multi-functional experience of over 25 years, he has held business strategy and finance roles in various companies, as per the statement.   

The appointment of Pande is aimed at strengthening the group's leadership team as it moves ahead with its ambitious and diversified global plans, the company said.  

InterGlobe Enterprises has businesses across segments such as aviation (IndiGo), hospitality, logistics, airline management, travel commerce, advanced pilot training, and aircraft maintenance engineering. 

Earlier, on Monday, udaan announced senior-level organisational changes under which group finance controller Kiran Thadimarri has been elevated to executive management team with additional responsibility of treasury, corporate finance and corporate audit. 

Also, Vishnu Menon, head of corporate strategy and investor relations, will take on the additional responsibility of business finance, as part of the organisational changes. 

The two executives -- Menon and Thadimarri -- will work towards further strengthening the financial and governance practices at udaan with the objective of enabling the company to achieve operational profitability and public market readiness in the next 12-18 months, according to a company release. 

  • Related Articles

    Arjun Mehta was previously associated with leading organisations including Revolut, American Express, and Apple

    LeverageEdu Appoints Arjun Mehta As Its First CFO

    This announcement comes on the heels of OYO's successful buyback of a portion of its Term Loan B (TLB), totaling Rs1620 crore

    OYO Elevates Rakesh Kumar to Chief Financial Officer from Deputy CFO

    Vedanta announced in a stock exchange filing that Goel has been named the company's CFO, effective October 30, 2023

    Ajay Goel Leaves BYJU's And Rejoins Vedanta As CFO