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Akasa Air co-founder Praveen Iyer quits in second high-level exit in 3 years| Enterprise Information

Praveen Iyer, a co-founder and chief industrial officer of Akasa Air, has stop the airline, within the second high-profile exit in lower than three years of operations. He was additionally a member of the chief committee of the corporate.

Praveen Iyer, co-founder and former chief industrial officer or Akasa Air. (@AkasaAir/X)

“Praveen has been instrumental in shaping not simply Akasa’s industrial imaginative and prescient however the airline itself…,” Vinay Dube, founder and chief government officer at Akasa Air, stated in a press release. “We’re grateful for his management, readability of thought, and long-term perspective throughout the early life of the airline.”

Anand Srinivasan, one other co-founder and chief info officer, has taken cost as the brand new chief industrial officer. Akasa Air is now looking out for a brand new chief info officer. The IT operate, in the intervening time, will report back to Chief Monetary Officer Ankur Goel.

“Anand has been one of many early architects of Akasa…,” Dube went on to say. “His capacity to mix industrial technique with a tech-first mindset is extraordinarily thrilling as we enter our subsequent part of development and complexity.”

The event comes a day after an Akasa Air spokesperson confirmed to Reuters that GST officers had visited the places of work of the airline as a part of a “enterprise verification course of”.

Backed by the household of the late billionaire investor Rakesh Jhunjhunwala, Akasa Air was began by a clutch of aviation business leaders together with former Go First and Jet Airways CEO Vinay Dube and former IndiGo President Aditya Ghosh.

The founding workforce additionally included:

  • Praveen Iyer: The chief industrial officer who was previously with Jet Airways and Qatar Airways.
  • Anand Srinivasan: The chief info officer, who was previously with Go First.
  • Belson Coutinho: The chief advertising and marketing officer, who was previously a senior government at Jet Airways.
  • Bhavin Joshi: The Senior VP – Technique, who was previously with PwC and Jet Airways.
  • Neelu Khatri: A former government who headed worldwide operations and company affairs. She exited final 12 months.

Different founding workforce members have been Sanjay Dube and Niraj Dube, who have been a part of preliminary conceptualisation stage solely.

The airline presently enjoys a market share of 5% in India’s aviation business.

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