Noida International Airport on Friday announced the appointment of its Chief Financial Officer Nitu Samra as the interim Chief Executive Officer after authorities denied permission for foreign national Christoph Schnellmann to be at the helm.
“This change follows directions issued by the Bureau of Civil Aviation Security (BCAS) that the CEO of an airport in India is required to be an Indian national,” NIA said in a statement.
Regulatory Compliance
Samra will replace Schnellmann, a Swiss national who has led Noida International Airport (NIA) as the CEO since August 2020.
The regulatory issue related to the requirement of having an Indian national as CEO has been delaying the start of commercial operations of the airport, which was inaugurated by Prime Minister Narendra Modi on March 28.
Schnellmann will join the airport’s board of directors as executive vice chairman. In this role, he will continue to support the project and its transition to operations, the statement said.
With immediate effect, NIA said Samra has been appointed as the CEO on an interim basis until the board of directors can conclude a formal selection process.
Samra has been serving as the CFO since October 2021 and was closely involved in the airport’s development journey, overseeing financial stewardship, governance, and strategic planning during a key phase of the project, the statement added.
NIA will be operated by Yamuna International Airport (YIAPL), a subsidiary of Zurich Airport International AG, under a public-private partnership.
Originally scheduled to commence passenger services in September 2024, NIA is being developed in four phases, along with a dedicated cargo terminal. It received an aerodrome licence from the aviation regulator Directorate General of Civil Aviation (DGCA) in March.
YIAPL Chairman Daniel Bircher said that since the inauguration of the airport by the Prime Minister, the goal was to enable the start of operations as early as possible.
“This management change brings the airport into compliance with Bureau of Civil Aviation Security requirements while maintaining continuity in the airport’s leadership team. The newly structured team will support a smooth transition into operations, guided by clear and transparent governance and a strong corporate culture,” he said.