Udayan Bose is Thomas Cook''s non-executive chairman
23 Jan 2006
Mumbai: Investment banker Udayan Bose has taken over as non-executive chairman of Thomas Cook India Ltd. Ashwini Kakkar, who has stepped down from the post of CEO and managing director is being retained as a special advisor for at least six months.
This change follows the completion of the acquisition of Thomas Cook International Markets Ltd, UK, by Dubai Financial LLC, a 100 per cent subsidiary of Dubai Investment Group, the global investment arm of Dubai Holding.
After
taking over the Indian subsidiary of Thomas Cook AG, the
new owners of Thomas Cook India Ltd (TCIL) have reconstituted
the company board, with six new directors. Sayanta Basu
will be additional
director and deputy chairman. The other new directors
include Jacquiline Gorski, Abdulhakeem Kamkar, A V Rajwade,
and Dilip De.