The Indian Hotels Company Ltd. (IHCL) has appointed Deepika Rao as Managing Director and Chief Executive Officer of Roots Corporation, a subsidiary of IHCL that owns and manages the Ginger brand of hotels. Ginger is India’s fastest growing budget brand of hotels.
Puneet Chhatwal, Managing Director and CEO, IHCL and Chairman of Roots Corporation said, “Further to our commitment to recognising talent from within the organisation and bringing in gender balance, we are delighted to welcome Deepika on board as the first woman to lead an IHCL company. We believe Deepika is best suited to take brand Ginger to the next level.”
Rao said, “I am privileged to have been given this opportunity to work with a dynamic brand like Ginger. I look forward to working with the team in achieving its growth objectives and continuing to add value to all our stakeholders.”
Having completed the Tata Administrative Services (TAS) leadership programme, Deepika started her career with Tata Motors in 2000. She has had several stints across functions in various Tata Group companies for the last 18 years. She will move to her current role from her previous position as Vice President, Asset Management at IHCL, where she was responsible for leading solutions for margin enhancement at the company. She has also served as interim CEO for Roots Corporation Ltd. in 2015 for a short period. During her professional journey, Deepika has been instrumental in leading significant initiatives in different companies.