Airbus promotes Indian as vice-president
New Delhi: 36-year old, Mr. Kiran Rao, the Bangalore-born aeronautical engineer, who has been president of Airbus India since April 1996, has moved back to its headquarters in Toulouse, France to take over as vice president of the aircraft manufacturer. He will be responsible for sales and marketing in the sub-Saharan Africa and India regions.

Before the India assignment, he was director of airline marketing for Airbus in North America. Before joining Airbus, he had worked with British Aerospace which has since been renamed as BAe Systems.
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Bank of Maharashtra gets new CMD
Pune: Mr. Sukomal Chandra Basu has been appointed as chairman and managing director of the Bank of Maharashtra (BoM) for a period of five years. He earlier served as executive director with BoM and had been officiating as chairman since May 29, 2000.

He thus fills in the vacancy created by the passing away of former chairman Mr Madan Mohan Vaish.

Mr. Basu has indicated that he intends to take the technology route to expansion and growth with an increased focus on corporate business.
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