Karkaria..heading the Switzerland-based travel services company
Kuoni Group appoints first Indian CEO
DUBAI, November 8, 2015
Kuoni Group, a leading global travel and destination management services company, has appointed Zubin Karkaria as its new CEO.
Founder of VFS Global, a subsidiary company of Kuoni Group, Karkaria is the first Indian to be appointed as the head of the 109-year old travel services company, and will concurrently continue in his function as the CEO of VFS Global. He will continue to be based in Dubai, UAE.
Kuoni is in the midst of implementing a strategic directional shift whereby it has exited from its traditional tour operating business and is increasing its focus on three core activities – global travel distribution, destination services and visa services – in all of which it holds leading positions. After exiting the tour operating business, Kuoni is aiming to accelerate the implementation of its new corporate strategy, and that will be one of Mr. Karkaria’s key priorities in his new role.
Heinz Karrer, chairman – Kuoni Group, said: “The Kuoni Group has been transformed from a broad-based travel company pursuing a wide range of very different activities into a focussed global service provider for the professional travel industry and governments. The Board of Directors has decided to accelerate the implementation of this new strategic direction, and we have great confidence in Zubin Karkaria, who has so successfully developed VFS Global into a global leader, to lead the Kuoni Group forward.” – TradeArabia News Service