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Kesharwani to head ICAO panel
New Delhi: T.R. Kesharwani, a former officer of the International
Airports Authority of India, will head a panel of the International Civil Aviation
Organisation on the privatisation of airports. Mr Kesharwani will be the first Indian to
head an ICAO panel.
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NatWest ousts CEO
London: National Westminster Bank has ousted its chief executive, Derek
Wanless, in order to bolster its ability to resist Bank of Scotland's hostile $35.2
billion bid.
Mr Wanless, chief executive since 1992, was ousted after a
five-hour board meeting of the bank on 6 October when non-executives decided that they
could not defend the bank against Bank of Scotland's attacks with him still at the helm.
Sir David Rowland, chairman, will take on the job of Mr
Wanless.
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