Mumbai: Yatra Online, Inc (NASDAQ: YTRA), through its Indian subsidiary, Yatra Online Ltd (“Yatra”), India’s largest corporate travel services provider (source: CRISIL report) and a leading online travel company in India among OTA players in terms of gross booking revenue and operating revenue, for fiscal year 2023, has announced the appointment of Dr Anup Wadhawan as an independent director of the company. The appointment of Dr Anup Wadhawan is effective 1 April 2024, for a tenure of three consecutive years.
Dr Wadhawan holds over 40 years of extensive experience in international trade, finance, development administration, public administration, academics, international development organizations, the private sector, arbitration and conciliation, and policymaking experience at the national level in commerce and finance and at the provincial level in urban development, forest and environment, rural development, law and order, land revenue administration, education, and annual expenditure planning.
"We are delighted to welcome Dr Wadhawan to our Board of Directors," said Yatra Online Ltd whole-time director and CEO Dhruv Shringi. "His extensive experience and proven leadership will be instrumental as we navigate the evolving landscape of the travel industry and pursue our strategic objectives. I truly believe, given his experience and passion, that he will be an invaluable addition to our board of directors.”
Commenting on his appointment, Wadhawan said “I am honoured to join the very distinguished Yatra Online team as an Independent Director. It is an exciting opportunity to contribute to a company that is at the forefront of revolutionizing the travel industry. Together, I am confident we will achieve remarkable growth and success, delivering exceptional value to customers and stakeholders alike.”
Dr Wadhawan is currently serving as an independent director on the board of various companies, such as Cred Avenue Securities Pvt Ltd, Bajaj Allianz General Insurance Company Ltd, and Bajaj Allianz Life Insurance Company Ltd. He is also acting as an Advisory Board Member of Association of Small & Medium Knowledge Industries (ASMKI), GoodGovern, a corporate governance entity.
