IndiGo has re-designated Gaurav Negi as Advisor to the Managing Director, bringing his tenure as the airline’s Chief Financial Officer to a close after more than four years.
The leadership change was disclosed through a stock exchange filing. Negi’s transition from CFO to the advisory position became effective at the close of business hours on July 27, 2026.
The new role will keep Negi connected with the company’s senior leadership following a period in which he was closely involved with its financial operations and growth plans.
Commenting on this change, Negi pointed out that his tenure as CFO had been quite rewarding and one which entailed working in tandem with his colleagues in the organization. The help of the teams he was associated with helped the organization in overcoming various difficulties.
He also highlighted the work carried out during his tenure to support IndiGo’s growth ambitions and create long-term value for shareholders. In his farewell message as CFO, Negi expressed appreciation for the company’s board, leadership team, finance function and other 6E colleagues.
His acknowledgement extended beyond the organisation. Negi thanked business partners, financial institutions, rating agencies, insurance partners, auditors, analysts, investors and business journalists for their support and cooperation. He said the relationships developed during his tenure were built on trust and transparency, and expressed hope that those ties would continue in his new position.
Kiran Thadimarri Takes Charge as CFO
In addition to Negi’s appointment, the parent company of IndiGo has appointed Kiran Thadimarri as the Chief Financial Officer. This appointment becomes effective on July 28, 2026.
The appointments have been strategically made such that Thadimarri’s appointment comes right after that of Negi’s to ensure there are no gaps in terms of the appointment of the CFO position.
This appointment of Negi is a re-designation of his role at IndiGo and not an exit. Despite Negi relinquishing his role as CFO, he shall remain a part of the team as an advisor to the Managing Director.
The transition marks a new phase for both executives. Thadimarri takes over the company’s finance leadership, while Negi moves into a role focused on advising the Managing Director after more than four years at the helm of the finance function.
