He was unanimously elected by board of directors of the integrated travel and travel-related financial services company.
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Mahesh Iyer took over as the chief executive officer (CEO) after being unanimously elected by Thomas Cook India's, board of directors, at their meeting held on February 14, 2017. He was chief operating officer of the company previously.
According to the press release shared by the company, Iyer assumes direct responsibility for the company's P&L, day-to-day operations, strategic planning, management of key relationships, as well as building a sustainable growth oriented organisation that maximises value for all its stakeholders.
Commenting on Iyer's appointment, Madhavan Menon, chairman & managing director, Thomas Cook (India), says, "(Mahesh) Iyer, a Thomas Cook veteran for 22 years, will now lead Thomas Cook India. He joins the leaders of the group - 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."