Ilkar IC: Ilkar ICI has turned down Tata Group’s offer to become the CEO and MD of Air India: Sources | India Business News – Times of India

New Delhi: Former Chairman of Turkish Airlines ilker aisi Status of “Rejected” Air India MD & CEO.
The government was conducting a comprehensive check on the confidante of Turkish President Recep Tayyip Erdoan – who is not actually known to be a friend of India – to see if he could be granted security clearance.
A Tata Sons spokesperson confirmed to The Times of India on Tuesday that IC had indeed refused to take up the position.
Tata can now announce a new name in the coming days. It remains to be seen whether this includes anyone already selected.
Heckles were raised soon after the Tata Group announced his candidacy – “subject to necessary regulatory approvals” – after foreign media reports emerged that IC had allegedly facilitated the investment of a one-time al-Qaeda financier.
A Turkish court-approved investigation into a corruption case pointed to IC as the then chairman of Turkey’s Investment Assistance and Promotion Agency (ISPAT) to facilitate those investments.
Ayci’s refusal to become AI CEO may not really be a loss for the airline or the Tata group. His appointment took the airline industry by surprise in India and abroad.
The 51-year-old, with a career spanning airlines, hasn’t dyed wool an aviation professional. He was appointed president of Turkey in 2015. Senior executives of international airlines that have tied up with Turkey say Turkey’s claim to fame, aviation-wise, was the construction of a mega airport in Istanbul.
“In Turkey the appointment of ICs was a routine bureaucracy, just as AIs were held by state-owned government officials. Turkey’s best days arrived long before 2015. We had anticipated that freed from government control, AI would get a seasoned aviation giant to head to change, which is arguably the toughest in contemporary times,” said an official of an international. airline.
In fact, industry insiders are pointing fingers at the alleged lack of due diligence by the agency appointed to shortlist CEOs for AI.