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VJ Kurian stepped down; S Suhas appointed as MD

 

VJ.Kurian,  known for his instrumental role in building the country’s first airport under public-private partnership mode and making the project a commendable success both financially and socially stepped down from the post of managing director of Cochin International Airport Ltd( CIAL)  on completion of his 5 year post- retirement tenure on 09th June 2019. He is a 1983 batch IAS officer, who led one of the best run companies in the state for a record period of 19 years in three stints in its 27 years history. S.Suhas, District collector, Ernakulam assumed the full additional charge of the post.

As the pioneer of the PPP model in infrastructures development, as a task master in completing many projects like sea port-airport road, as a green champion for making the cochin airport a first in the world to be fully powered by solar energy and as an officer who implemented impeccable rehabilitation packages for the evictees, Kurian’s contributions to the state have been widely acclaimed internationally. Apart from MD-CIAL, he served the Government as Sub Collector Muvattupuzha, District Collector Alappuzha, Ernakulam, Managing Director-Oushadhi, Roads & Bridges Corporation,Kerala and Chairman-Spices board. He was given a five year stint in 2016 by the Pinarayi Government on his superannuation from the post of the Additional Chief Secretary. It was one of the prolific years in the history of CIAL as it invested Rs 2,016 Crore for infrastructure development which included the operationalization of Terminal 3, Runway resurfacing, renovation of Terminal 1, implementation of extensive flood mitigation project and the capacity enhancement of solar plants from 14.4 MWp to 40 MWp.  The illustrious officer, whose innovative idea of operating an airport fully on solar energy could win the prestigious ‘ Champions of the Earth Award’ instituted by the United Nations  CIAL in 2018.

 The relevance of ‘ CIAL MODEL’ is that, it did not discontinued itself on achieving the prime goal but emphatically lingers as sustainable, replicable and people orient. It boosted the growth of the City, enhanced its tourism potential and rejuvenated Indian aviation sector, which was entrenched with financial crisis. The company’s financial performance is notable as it has been paying dividend unfailingly from 2003-04. The total dividend pay -out has touched 282% in 2020-21. Today, 12000 persons work at the airport premises and 25,000 were employed indirectly by it, which makes it one of the biggest employers of the state.

  Cochin, Kerala
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