Air India has announced the appointment of Sanjay Sharma as its new Chief Financial Officer (CFO), effective from June 10, 2024. Sharma will succeed Vinod Hejmadi, who is retiring after a remarkable career spanning more than three decades with the airline.
Sharma brings to the role over thirty years of extensive experience in corporate finance, investment banking, and real estate sectors. His diverse background includes notable positions such as CFO of Tata Projects Ltd, CFO of Tata Realty Infrastructure Ltd, and Managing Director, Head of Equity Capital Markets at Deutsche Bank Group. He has also held various roles at DSP Merrill Lynch Limited in Mumbai and Merrill Lynch Asia Pacific in Hong Kong.
In his new capacity as CFO of Air India, Sharma will report directly to CEO and MD Campbell Wilson. His appointment comes at a crucial time for the airline as it continues its transformation journey under new ownership by the Tata Group since January 2022.
Campbell Wilson expressed his pleasure at having Sharma join the leadership team and expressed anticipation for his contributions to Air India’s ongoing transformation. He also extended gratitude to Vinod Hejmadi for his dedicated service to the company and his pivotal role in its transition to private ownership and subsequent transformation.
Sharma’s appointment underscores Air India’s commitment to leveraging top talent to drive forward its strategic objectives and navigate the evolving dynamics of the aviation industry. With his wealth of experience and expertise, Sharma is well-positioned to steer the airline towards continued success and growth in the years ahead.