IndiGo, India’s largest airline, appointed Vikram Singh Mehta as its new Chairman on Wednesday, replacing Venkataramani Sumantran. Mehta has served on the Board of InterGlobe Aviation Ltd (IndiGo) since May 2022.IndiGo confirmed that Mehta takes over from Sumantran, who concluded his five-year tenure as a board member, reported PTI.The airline acknowledged that Sumantran, who became Chairman in May 2022, steered the Board through IndiGo’s recovery and expansion in the post-Covid period over the previous three years.Mehta’s background includes roles as an Indian Administrative Services (IAS) officer, Chairman of Shell Group of Companies in India, and CEO positions at Shell Markets and Shell Chemicals, Egypt. His experience extends to various corporate board positions.He completed his Mathematics degree from St. Stephen’s College, Delhi University, followed by master’s qualifications in Politics and Economics from Oxford University and Energy Economics from Tufts University.The company’s board comprises six additional members, including co-founder Rahul Bhatia, according to the IndiGo website.Additionally, on Tuesday, IndiGo promoter and co-founder Rakesh Gangwal and his family trust reduced their ownership by selling a 5.72 per cent stake in the airline for Rs 11,564 crore through open market transactions.
