Company: Confidential large unlisted airport travel-retail operator
Board base: Recent Delhi, with airport reviews in Mumbai and other gateways
Sector: Duty-free and airport specialty retail
Appointment: Independent Director, Non-Executive
Intended committees: Audit, Ethics & Risk Committee Chair
Time commitment: 24–30 days annually, including secure-airport and inventory reviews
Application deadline: 4 October 2026
Expected appointment: December 2026

Company context

The company operates duty-free and specialty retail concessions at major airports, selling beauty, liquor, tobacco, fashion, confectionery and travel products under airport, customs and brand agreements. Economics depend on passenger traffic, international mix, minimum guarantees, concession fees, foreign currency, inventory, promotional funding and airport operating constraints.
Market hint: A portfolio across major Indian gateways, international brand partnerships and both arrivals and departures operations may suggest several travel-retail joint ventures. Airport, shareholder and brand names are omitted.




Board mandate

The director will oversee concession capital, customs integrity, inventory truth, vendor conduct and passenger experience. Growth through passenger recovery must not conceal uneconomic guarantees, grey-market risk or weak cash controls.

Strategic priorities

Model each concession under traffic, passenger mix, spend, currency, flight disruption, guarantee and extension scenarios.
Separate sales growth from economic profit after minimum guarantee, revenue share, fit-out, brand funding, shrinkage and working capital.
Govern bonded inventory from import and customs entry through warehouse, store, passenger eligibility, sale, transfer, breakage, expiry and destruction.
Establish critical controls for cash, cards, foreign currency, refunds, staff purchases, promotional stock, tester products and high-value goods.
Review vendor rebates, listing fees, marketing support, exclusivity, consignmen

📌 Independent Director (India)
🏢 Gladwin International
📍 India