IndiGo Names Kiran Thadimarri CFO as Gaurav Negi Moves to Adviser Role
IndiGo has elevated deputy CFO Kiran Thadimarri to chief financial officer, effective July 28. The leadership change follows a ₹238 crore consolidated Q1 loss, a nine-aircraft fleet reduction and a 35.1% rise in expenses amid fuel-cost and regional-volatility pressures.
IndiGo appointed deputy CFO Kiran Thadimarri as CFO from July 28, replacing Gaurav Negi, who becomes adviser. The transition follows a ₹238 crore quarterly loss, fleet reduction and higher expenses amid elevated fuel costs and West Asia-related volatility.
Why this matters
The appointment follows recent signals flagging IndiGo's seventh leadership change since March and reporting Gaurav Negi's move to advise managing director Rahul Bhatia.
Leadership is steady, with 893 signals recorded in the past 90 days.