Category Archives: Agents

Vishal Suri replaces Rajeev Wagle as MD, Kuoni India

In a major shuffle after the Kuoni Travel (India) was taken over by Thomas Cook (India), it has been announced that Vishal Suri has been appointed as MD of Kuoni Travel (India) effective January 4, 2016. Prior to the appointment, Suri headed the outbound portfolio as Chief Executive Officer – Tour Operating, Kuoni India. Rajeev Wagle, stepped down as MD, Kuoni India with effect from January 4, 2016. Madhavan Menon, Chairman and MD of Thomas Cook (India) said, “It gives us great pleasure to appoint Vishal Suri as the Managing Director of Kuoni Travel (India). He comes with a wealth of experience: over 22 years across a gamut of consumer centric industries like telecom, internet, and office automation; including over a decade in running travel businesses. We wish him every success in his new role. We respect Rajeev Wagle’s decision to pursue his interests outside the organisation and place on record our sincere appreciation for his contributions to building Kuoni-SOTC, as also his expertise and extensive experience of over 26 years, across industries.”

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Takeover bids for Kuoni Global

Kuoni Group’s Board of Directors has confirmed that it has received preliminary approaches from third parties regarding a potential offer for the Kuoni Group and its businesses. However, the company has released in a statement that discussions are at a preliminary stage and there can be no certainty at this stage that an offer will be made, nor as to the terms on which any offer might be made. The Board of Directors is evaluating the situation, also taking into consideration all other strategic possibilities.

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