His appointment has been signed off on by sovereign wealth fund Danantara, which controls Garuda, and he’s scheduled to start in October, the person said, asking not to be identified because the details are still private.
Garuda Indonesia’s parent has appointed a new finance director to the airline, according to a person familiar with the matter, as the state-owned carrier attempts to improve its balance sheet and expand its international network.
Balagopal Kunduvara, divisional vice president of financial services at Singapore Airlines (SIA), will take the job from Prasetio, who only goes by one name and who has been in the role since late 2020. Kunduvara has spent over two decades at Singapore’s flag carrier, starting off as an engineer in 2000.
