Kuoni Group Executive Board

Zubin Karkaria

Chief Executive Officer (CEO) Kuoni Group and CEO VFS Global; Indian, born in 1968.

After graduating in commerce from Mumbai University and completing his Business Management studies from Mumbai, Zubin Karkaria joined Orbit Trade Fair Tours in 1989. He then moved to SOTC in 1991 and was with SOTC when it was acquired by Kuoni Group in 1996. He was appointed as the COO of the Kuoni India Tour Operating Division in 1999, and moved on to become the Deputy CEO and Head Business Development in 2003. He conceptualised and launched VFS Global in 2001, and was appointed as the CEO and Managing Director of Kuoni India and South Asia in 2005, responsible for all units of Kuoni India – Tour Operating, Destination Management, Business Travel, and Kuoni Academy, while concurrently developing the VFS Global business into a global leader in its field (as CEO from 2010 onwards). In March 2013, in line with the development of VFS Global as an important Division of Kuoni Group, Zubin Karkaria was appointed on the Executive Board of Kuoni Group. On 5 November 2015 Zubin Karkaria was appointed Chief Executive Office (CEO) of Kuoni Group. Furthermore, Zubin Karkaria is an Alternate Member of the WTTC (World Travel & Tourism Council). 

Thomas Peyer

Chief Financial Officer (CFO); Swiss, born in 1972.

After graduating in economics and business administ-ration from the University of Applied Sciences, Zurich, Thomas Peyer worked as senior project manager for Winterthur Insurance Switzerland and Winterthur International in Zurich and London, where he was in charge to deliver several projects in the finance area. Thomas Peyer joined Kuoni in 1999 when he became Head Financial Accounting at Kuoni Incoming Services, Zurich, and later taking the function of Head of Financial Controlling. From 2003 he was named Head of Finance at Kuoni Incoming Europe, Zurich. In 2006 assumed responsibility as Head of Finance and IT of Kuoni Destination Management, a new unit embracing all of Kuoni Group’s former incoming units. In 2011 he took over as CFO Global Travel Services (GTS) division, following the acquisition of Gullivers Travel Associates (GTA). On 17 March 2014 he was appointed CFO of Kuoni Group and Member of the Executive Board. Furthermore, Thomas Peyer was a Member of the School Governing Board Trüllikon in 2014 (until July 2014).

Ivan Walter

Executive Vice President, CEO Global Travel Distribution Division; Swiss, born in 1974.

Ivan Walter joined Kuoni Destination Management in 2001 as Head of FIT Europe (Fully Independent Traveller). In 2005 he was named Head of Kuoni Connect, Kuoni Group’s FIT online accommodation wholesale business. He was responsible for transforming the European Unit into a global organisation. When Kuoni acquired GTA in 2011, Ivan Walter was instrumental during the post-merger integration and held the role of SVP Commercial Development and later, SVP Sourcing and Product Development. As of April 2013 Ivan Walter led GTA’s operation. In November 2014 he has been appointed Head of Global Travel Services Division on an ad-interim basis. And as of January 14 Ivan Walter is CEO of Global Travel Distribution (GTD) Division and was appointed on the Executive Board. He holds an Executive Master of Business Administration from the University of Applied Sciences of Eastern Switzerland.

Rolf Schafroth

Executive Vice President, CEO Global Travel Services Division; Swiss, born in 1965.

After graduating from the university of applied sciences (St. Gallen) with a degree in business economics, Rolf Schafroth joined Coopers & Lybrand and went on to serve as a management consultant in Switzerland and the UK. Later in his consulting career he moved to Deloitte & Touche, Switzerland, for a year before joining Kuoni Travel Switzerland as Head of Financial Controlling. And after just one year, in 1997, he was appointed to Head of Finance & IT for Kuoni’s Strategic Business Unit Incoming Services. In 2003 he assumed overall responsibility for Incoming Europe, the biggest in­coming unit of the Kuoni Group, and in 2006 he was named CEO of Destination Management, a new entity comprising all the Kuoni Group’s former incoming units. In 2007 he was appointed to the Group Executive Board as Head of the Strategic Business Division Destination Management. Following a restructuring of the Kuoni Group in 2009, Rolf Schafroth took over additional responsibility for the newly created division Procurement & Production for Kuoni Tour Operating, while remaining in charge of the Kuoni Destination Mana­gement division. Following the acquisition of Gullivers Travel Associates (GTA) in May 2011 he was CEO Global Travel Services Division, which emerged from the integration of GTA and Kuoni Destination Management. In addition to GTS Division he leads the Outbound Units, which will be divested. Furthermore, Rolf Schafroth is a Member of the Tourism Council Graubünden.