Thomas Cook India appoints new Chairman
Mumbai, December 14th 2010: Thomas Cook (India) Limited [TCIL], India’s largest integrated travel and travel related financial services Company today announced the appointment of Mr. M.K. Sharma as its Non-Executive Chairman.
Mr. M. K. Sharma retired as the Vice-Chairman of Hindustan Lever Limited in May 2007. He holds Bachelors Degree in Arts and Law. Mr. Sharma joined Hindustan Lever Limited in 1974 as Legal Manager and worked in various areas including taxation, shares and legal. He was appointed to the Board of Hindustan Lever Limited in August 1995 and was the vice Chairman from April 2000 till May 2007. Mr. Sharma is currently a Director of ICICI Bank, ICICI Lombard, Fulford India Limited, Birla Corporation Limited, Schrader Duncan Ltd. and Sanmar Group’s Advisory Board. He is also actively involved in various industry associations and is a Member on the Board of Governors of the Anglo Scottish Education Society.
On the day of the announcement, Mr. Sharma said, "I feel privileged to be appointed as the Non-Executive Chairman of the Company. I am confident that going forward, the Company, with its dedicated employees and strong support from the parent company, will maintain and accelerate its growth momentum. The entire board shall endeavour to aid, advise and guide the management to achieve organizational goals of profitable growth with a strong focus on customer satisfaction. This success will then provide just rewards to all stakeholders."
Mr. Madhavan Menon, Managing Director TCIL said, “We welcome Mr. Sharma in his new role as the Chairman of the Company. Given his wealth of experience in governance, I am confident that the Company would immensely benefit from his contribution."
About Thomas Cook (India) -Limited:
Thomas Cook is the largest integrated Travel and Travel related Financial Services Company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, and Insurance. The Company has been in India for 129 years providing world-class travel service. For more information please visit www.thomascook.in
About Thomas Cook Group plc:
Thomas Cook Group plc, UK, is one of the world’s leading travel groups with sales of £8.8 billion, 22.3million customers, 31,000 employees, a fleet of 93 aircraft and a network of over 3,400 owned and franchised travel stores and interests in 86 hotels and resort properties. It operates under five geographic segments in 21 countries, and is number one or two in all its core markets.
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