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AirAsia shifts its board of directors

AirAsia has repositioned its key executives within the organisation, effective 6 November.

Dato’ Kamarudin Meranun (pictured right) has been re-designated as executive chairman of the board of directors, where he will take the lead in engaging with the government, aviation regulators and airport authorities in Malaysia.

He replaces Dato’ Aziz Bakar (pictured left) who will remain on the board as a non-independent non-executive director. This appointment follows the practice of appointing a Tune Air representative as chairman.

“Dato’ Kamarudin has spent more than a decade building AirAsia into the world’s largest low-cost carrier and I look forward to the industry experience he will bring as chair of the Board,” said Aireen Omar, chief executive officer of AirAsia.

“The Board members would also like to take the opportunity to thank Dato’ Aziz for playing a vital role in the success of the company as Chairman these past five years.”

In addition, Tan Sri Tony Fernandes has been re-designated as group chief executive officer and non-independent executive director following the recent merger of the regional office’s group functions back into AirAsia.

As group CEO, Fernandes will provide overall leadership to the group in driving brand value, reducing cost and driving efficiencies to improve performance of the airline and other affiliates within the AirAsia network including Thailand, Indonesia, Philippines and soon to be India.

Fernandes explains that as the Jakarta regional office set up two years ago has achieved its objective, most group functions will now be merged back into AirAsia to simplify operations.

With this change, Rozman Omar will also return to AirAsia as group chief financial officer where he will utilise his extensive experience in finance to develop a group-wide growth strategy that will create long-term value for shareholders. Andrew Littledale will continue as CFO of AirAsia.

Kamarudin said the changes followed months of discussions between himself and Fernandes, and are aimed at sustaining AirAsia’s growth trajectory.

Aireen Omar remains CEO of AirAsia and will report to the chairman on regulatory and stakeholder management and to the group CEO on operational performance matters.

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