Rakesh Sarna resigns as IHCL MD and CEO

Taj Group has announced that its Managing Director and Chief Executive Officer Rakesh Sarna has resigned owing to personal reasons. Sarna had joined Indian Hotels Company Limited as Managing Director and Chief Executive Officer on September 1, 2014. IHCL Chairman N. Chandrasekaran said Sarna had chosen to resign upon completion of his three-year tenure as MD and CEO, adding “The board respects his decision and has requested him to continue till September 30, which he has kindly agreed to”. IHCL runs the Taj Group of hotels. He had joined IHCL in September 2014 replacing the company’s long-serving head Raymond Bickson. Before he joined IHCL, Sarna was the Group President -Americas of Hyatt Hotels Corporation.