New CFO for Virgin Blue

Virgin Blue has announced the appointment of Sankar Narayan to the position of chief financial officer following the resignation of Keith Neate in December.

Narayan has previously held the positions of CFO with Astro All Asia Networks, Fairfax Media and Foxtel.

“I am thrilled to welcome Sankar to our executive team,” CEO John Borghetti said in a statement. “His extensive financial, information technology, investor relations and strategy expertise will be of tremendous value to the Group. Sankar will lead our Financial, Information Technology and centralised Procurement divisions, be responsible for improving financial efficiency and play a key role in driving the Group’s growth.”