Tewolde Gebremariam assumes charge as Air India CEO
Tewolde Gebremariam has officially taken charge as the CEO and MD of Air India. He is the second foreign leader to helm the struggling airline. During a recent staff townhall, he emphasized cost discipline as integral to the company's culture. He ...
Gebremariam, whose appointment was announced on August 5, received security clearance this week.
According to an official, Gebremariam formally took charge on Thursday.
An Ethiopian, Gebremariam is taking over at a time when the airline is working on its ambitious expansion plans amid multiple external headwinds.
Also read: Air India's incoming CEO Tewolde Gebremariam gets security clearance
He is the second foreign CEO and MD to head loss-making Air India.
During a townhall with the staff on September 28, Gebremariam said cost discipline must become part of Air India's culture and identified sustainable profitability, safety and operational reliability as key priorities for the airline.
He also plans to introduce programmes that reward employees for ideas that deliver measurable cost savings and improve operational efficiency.
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