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IndiGo CFO Rohit Philip resigns

PTI New Delhi | Updated on August 31, 2019 Published on August 31, 2019

InterGlobe Aviation is the parent company of the country’s largest airline IndiGo.   -  Reuters

InterGlobe Aviation on Friday said its Chief Financial Officer Rohit Philip has put in his papers. Aditya Pandey would replace him from September 16, the company said in a regulatory filing.

Philip’s resignation is effective September 15. InterGlobe Aviation is the parent company of the country’s largest airline IndiGo.

Promoters fued

The resignation has come at a time when two promoters of the airline are engaged in a fued. The feud between IndiGo co-promoter Rahul Bhatia and Rakesh Gangwal came into public domain after Gangwal wrote to market regulator Sebi in July and sought its intervention to address the alleged corporate governance lapses at the company, charges that have been rejected by the Bhatia group.

Related news: Have Indigo promoters Bhatia and Gangwal smoked the peace pipe already?

Published on August 31, 2019
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