Mumbai: Negotations by State Bank of India (SBI)-led lenders’ consortium with Jet Airways (India) Ltd, Etihad Airways PJSC and other stakeholders finally ended in chairman Naresh Goyal resigning from the board of the airline he founded over two-and-a-half decades ago. Talks were not easy, SBI chairman Rajnish Kumar said in an interview. Edited excerpts:
Are you in talks with any investors currently?
SBI Caps is handling the process. We hope to get an investor before 31 May.
Who will take charge as the chairman of Jet Airways after Goyal’s exit?
An independent director will take charge. Most likely we are going to suggest the name of A.K. Purwar, former State Bank of India chairman, for the position. It’s, however, up to the board to decide.
