Kiran Thadimarri Takes Charge As IndiGo CFO, Gaurav Negi Moves To Advisor Role
InterGlobe Aviation, the parent company of IndiGo, has promoted Deputy Chief Financial Officer Kiran Thadimarri as its Chief Financial Officer (CFO), effective July 28, 2026, replacing Gaurav Negi, who has been redesignated as Advisor to Managing Director Rahul Bhatia with effect from the close of business on July 27.
The announcement also said that Thadimarri will assume the role of the company’s Key Managerial Personnel (KMP) from the same date.
The appointments were approved by the company’s Board of Directors at its meeting held on July 27 and disclosed under the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations.
A Chartered Accountant, Thadimarri brings more than 24 years of finance leadership experience across financial planning and analysis (FP&A), controllership, treasury, capital raising, taxation, audit and investor relations. Earlier in his career, he held finance leadership roles at General Electric, Udaan and GenWorks Health.
Thadimarri’s appointment is the latest in a series of senior leadership changes at IndiGo since Rahul Bhatia assumed the additional role of Interim Chief Executive Officer (CEO) in March following the departure of Pieter Elbers.
Other recent appointments include Kanwal Jeet Singh Bakshi as Chief Human Resources Officer (CHRO) earlier this month and former Air India Express CEO Aloke Singh as Chief Strategy Officer (CSO) in March.
The leadership changes come ahead of William Walsh taking charge as IndiGo’s CEO no later than August 3, 2026. The company has not disclosed the reason for the reshuffle.
The appointments also come during a challenging period for the carrier. In December 2025, widespread operational disruptions drew scrutiny from the Directorate General of Civil Aviation (DGCA), leading to Jason Herter’s removal as the airline’s Operations Control Centre (OCC) chief.
More recently, IndiGo reported a consolidated net loss of ₹238 crore for the June quarter, as strong revenue growth was outweighed by higher aviation turbine fuel (ATF) prices, a weaker rupee and disruptions in West Asia.
