~The first woman CEO of an IHCL company~
Mumbai, 9 April, 2018: The Indian Hotels Company Ltd. (IHCL), a leading hospitality company in South Asia, today announced the appointment of Ms. Deepika Rao as Managing Director and Chief Executive Officer of Roots Corporation Ltd., a subsidiary of IHCL that owns and manages the Ginger brand of hotels. Ginger is India’s fastest growing budget brand of hotels.
Speaking on the appointment, Mr. Puneet Chhatwal, Managing Director and CEO, IHCL and Chairman of Roots Corporation Ltd. said, “Further to our commitment to recognizing talent from within the organization and bringing in gender balance, we are delighted to welcome Deepika on board as the first woman to lead an IHCL company. We believe Deepika is best suited to take brand Ginger to the next level.”
Ms. Deepika Rao, MD and CEO,Roots Corporation Ltd., said, “I am privileged to have been given this opportunity to work with a dynamic brand like Ginger. I look forward to working with the team in achieving its growth objectives and continuing to add value to all our stakeholders. ”
Having completed the Tata Administrative Services (TAS) leadership programme, Deepika started her career with Tata Motors in 2000. She has had several stints across functions in various Tata Group companies for the last 18 years. She will move to her current role from her previous position as Vice President, Asset Management at IHCL, where she was responsible for leading solutions for margin enhancement at the company. She has also served as interim CEO for Roots Corporation Ltd. in 2015 for a short period. During her professional journey, Deepika has been instrumental in leading significant initiatives in different companies.
Deepika is married with a four year old daughter who keeps her on her toes when she is not running a marathon.
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries, bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - the Taj Mahal Palace, in Bombay in 1903 and currently operates 145 hotels globally across 4 continents, 11 countries and 72 locations.
The Indian Hotels Company Limited (IHCL) is amongst South Asia’s largest Indian hospitality company by market capitalization. It is primarily listed on the BSE and NSE.
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