Thomas Cook India elevates Mahesh Iyer as CEO

Travel services provider Thomas Cook India today said it has elevated Chief Operating Officer, Mahesh Iyer as the company's CEO.

Iyer, who has been with the company for 22 years, would be handling day-to-day operations of the company, strategic planning, management of key relationships, as well as building a sustainable growth oriented organisation that maximises value for all its stakeholders.

In a regulatory filing, the company said, "The Board of Thomas Cook (India) Ltd at its meeting on February 14, 2017, announced the elevation of Mr Mahesh Iyer as Chief Executive Officer. Prior to his elevation, Iyer was Chief Operating Officer of the company".

Thomas Cook India Chairman and Managing Director Madhavan Menon said: "He (Mahesh) joins the leaders of the group's other travel, namely Dipak Deva of TCI-Sita, Vishal Suri of SOTC and Maria Ng of Kuoni Hong Kong who will have the freedom in managing their respective companies and will report to me as part of the larger group structure." Thomas Cook (India) is an integrated travel and travel related financial services company offering a broad spectrum of services including foreign exchange, corporate travel, Leisure travel and insurance, among others.