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Air India CMD Lohani appointed chairman of Railway Board

Last Updated 23 August 2017, 13:26 IST
The return of engineer-turned-bureaucrat Ashwani Lohani to Railways with a new assignment comes two years after Narendra Modi government hand-picked him to steer Air India out of a crisis.
 
He was brought in as Chairman and Managing Director with the task of making the national carrier's turn around plan a success and had the tough task of improving its finances. During his tenure, he managed to bring the airline on the profit route with registering an operational profit.
 
But Lohani, an Indian Railway Service officer who is known as "turnaround specialist", is leaving the national carrier at a critical juncture when the government is finalising the contours of Air India disinvestment.
 
His measures brought back the airline on track and allowed the government to provide an attractive offer for bidders.
 
Like his appointment in Air India, Lohani is coming back to Railways at a critical time when accidents are a recurring theme. Earlier also, his name was speculated to be Railway Board Chairman.
 
He is known to be a taskmaster but the employees could see him as standing like a rock in times of crisis. He took a strong stand in favour of employees to impose a flying ban on Shiv Sena MP Ravindra Gaikwad who slapped an Air India manager.
 
Lohani, who four engineering degrees and found a place in Limca Book of Records for his feat, was the head of Madhya Pradesh Tourism Development Corporation (MPTDC) when he was chosen for the job in Air India.
 
A qualified mechanical engineer, who also has degrees in electrical, metallurgical and Electronics and Telecommunication streams, Lohani is a fellow of the Chartered Institute of Logistics and Transport. He is also the founder member of the Indian Steam Railway Society.
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(Published 23 August 2017, 12:06 IST)

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