InterGlobe Aviation announced the immediate resignation of its Chief Executive Officer, Mr. Pieter Elbers, effective close of business hours on March 10, 2026. The Board accepted the resignation, which was due to personal reasons, and requested the waiver of the notice period. Mr. Rahul Bhatia, Managing Director, will assume interim management responsibilities until a new leader is appointed. Elbers served as CEO since September 2022.
Immediate Cessation of CEO Role
The Board of Directors of InterGlobe Aviation Limited (IndiGo) convened on March 10, 2026, and officially accepted the resignation tendered by Mr. Pieter Elbers, the Chief Executive Officer. Mr. Elbers will be relieved from his duties effective the close of business hours on March 10, 2026, with the notice period waived as requested by the outgoing CEO.
Interim Leadership and Transition
Following the departure, Mr. Rahul Bhatia, the Managing Director, will immediately step in to manage the affairs of the airline on an interim basis. The Board expressed gratitude to Mr. Elbers for his contribution and service since he took the reins in September 2022, noting the “beautiful growth story” achieved during his tenure.
CEO Resignation Letter Highlights
In his letter, Mr. Elbers cited personal reasons for stepping down. He expressed that serving as IndiGo’s CEO has been an “honor and privilege.” He affirmed his availability for any necessary handover or transition activities should the company require it. The Board meeting concerning this change commenced at 1730 hours (IST) and concluded at 1745 hours (IST) on the announcement date.
Organizational Commitment Moving Forward
In a separate organizational announcement, the Board confirmed their commitment to continuing the focus on core values: Culture, Service Excellence, and Stakeholder Trust. The Chairman, Mr. Vikram Singh Mehta, stated that the airline will continue to pursue its strategic focus on serving India and its people with an airline that is professionally managed, operationally reliable, and globally respected.
Source: BSE
