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Non-independent director Nasim Zaidi quits Jet Airways board

Nasim Zaidi, the former Chief Election Commissioner and ex- civil aviation secretary, joined the Jet Airways board in August last year.

twitter-logo PTI   Mumbai     Last Updated: April 22, 2019  | 10:00 IST
Non-independent director Nasim Zaidi quits Jet Airways board
Grounded carrier Jet Airways on Monday said its non-executive and non-independent director Nasim Zaidi has quit the board.

Grounded carrier Jet Airways on Monday said its non-executive and non-independent director Nasim Zaidi has quit the board, citing personal reasons and time constraints.

Zaidi, the former Chief Election Commissioner and ex- civil aviation secretary, joined the Jet Airways board in August last year.

"This is to inform you that Nasim Zaidi has submitted his resignation as a non-executive, non-independent director of the company with effect from April 21 due to personal reasons and constraints of time," Jet Airways said in an exchange filing.

The airline, which ceased all its operations temporarily last week, is under the management control of State Bank of India-led consortium of lenders following a debt-recast plan approved by its board last month.

Also read: From SpiceJet to Air India, here's how rivals plan to hire Jet Airways employees at lower pay offers

Also read: Jet Airways crisis: Lenders working on non-IBC resolution if stake sale fails to take off

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