Mumbai, Maharashtra, India, May, 2024 – Tata-owned aviation major Air India has announced the appointment of Sanjay Sharma as the new Chief Financial Officer (CFO), effective from June 10, 2024. Reporting directly to Air India CEO & MD Campbell Wilson, Sanjay brings over three decades of experience in Corporate Finance, Investment Banking, and Real Estate sectors to his new role.
Sanjay joins Air India from Tata Projects Limited, where he served as the CFO. He succeeds Vinod Hejmadi, who is retiring after more than three decades with Air India.
Commenting on the announcement, Campbell Wilson said: “We are pleased to have Sanjay joining the leadership team and look forward to his contribution to the ongoing transformation at Air India. We also thank Vinod for his long service to the Company, and for his vital role in its transition to private ownership and, thereafter, its subsequent transformation.”
Sanjay’s most recent role was as Chief Financial Officer at Tata Realty And Infrastructure Limited. During his tenure of nearly six years, he managed financial strategies, investment decisions, and operational finance, contributing significantly to the company’s growth and stability.
Before Tata Realty, Sanjay served as Managing Director at Deutsche Equities India Private Limited for over eleven years. He was responsible for leading equity capital market operations, driving strategic initiatives, and managing client relations to enhance the firm’s market presence.
Sanjay also held the position of Head of Equity Capital Markets (ECM) at DSP Merrill Lynch Limited for more than thirteen years. His role involved overseeing ECM operations, facilitating large-scale transactions, and ensuring compliance with regulatory standards.
Earlier in his career, Sanjay worked in various capacities at DSP Merrill Lynch Limited in Mumbai and Merrill Lynch Asia Pacific in Hong Kong, where he honed his skills in financial management and capital markets.
Air India is the flag carrier airline of India, owned by Air India Limited, a Tata Group enterprise. The airline operates a fleet of Airbus and Boeing aircraft, serving 102 domestic and international destinations. Headquartered in Gurgaon, Air India plays a crucial role in connecting India to the world, offering extensive travel options and world-class services.
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