Rajiv Bansal appointed as new Chairman and Managing Director (CMD) of Air India

Rajiv Bansal, the 1988 batch IAS officer of Nagaland cadre, has been appointed as the new Chairman and Managing Director (CMD) of Air India for three months. Bansal, who is additional secretary and financial adviser at the petroleum ministry, will replace Ashwani Lohani — who has been appointed as the Chairman of Railway Board.
It must be noted that Bansal is taking over as Air India CMD at a time when the government is working on the modalities for the disinvestment of the loss-making national carrier. He had served at the civil aviation ministry between 2006 and 2008.