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PT GARUDA Indonesia Tbk’s Director of Finance and Risk Management, Balagopal Kunduvara, has resigned from the board of directors. Balagopal conveyed his resignation through a statement uploaded to his personal Linkedin account last Sunday (11/08), 2026.
“Last Friday, I resigned from the position of Director of Finance (CFO) Garuda Indonesia,” said Balagopal, quoted from his official account, Monday (11/09), 2026.
He said his tenure with the Garuda Indonesia Group was relatively short, but took place during an important period of company transformation.
Balagopal admitted that he was grateful to have the opportunity to contribute to the Garuda Indonesia team. This contribution includes efforts to strengthen the business, improve financial discipline, and build a stronger company foundation to support future growth.
According to him, the positive momentum reflected in Garuda Indonesia’s latest financial and operational performance is an encouraging signal of the company’s transformation progress.
“The company’s latest financial and operational performance reflects positive momentum which is an encouraging sign of the progress achieved across the organization,” he said.
Balagopal emphasized that the company’s transformation was not the result of the work of one individual. According to him, meaningful change is built collectively by all elements of the organization who are committed to a common goal.
He admitted that he was proud to have been part of Garuda Indonesia’s transformation journey. Balagopal also expressed his appreciation to colleagues, shareholders, stakeholders and business partners for the trust and support given during his term of office.
“Thank you, Garuda Indonesia. It is an honor for me,” he concluded. [jawapos.com/photo special]
