AirAsia India appoints Titan's Vikas Agarwal as chief financial officer

AirAsia India has appointed Vikas Agarwal, a Titan executive, as Chief Financial Officer (CFO). The appointment became essential as current CFO Deepak Mahendra decided against further extension. 

Mahendra, who was appointed in February 2017 for a two-year period, had extended his term by five months.

In his previous role, Agarwal was vice-president at Titan, in which the Tatas hold 25 per cent stake. Prior to Titan, he had worked in Madura Garments (a division of Aditya Birla), GE Motors, and Coca Cola.

The Tatas hold 51 per cent stake in AirAsia India, while the remainder is held by AirAsia Berhad.