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AirAsia to get new CEO to replace Fernandes

June 15, 2012

PUTRAJAYA: No frills airline, AirAsia Bhd, will name a new chief executive officer for its Malaysian operations on Monday.

Group CEO Tony Fernandes said the new position is being created to assume the responsibility of the airline’s Malaysian operations to replace Fernandes who is expected to move to Jakarta to oversee AirAsia’s expansion plans in Southeast Asia.

The Jakarta office will allow the airline to tap the large Indonesian market and raise AirAsia Indonesia’s profile before its listing on the Jakarta Stock Exchange by the end of the year.

While declining to give any hints, Fernandes said he believed the new CEO would take AirAsia Malaysia to great heights.

“I am very proud. What I can say is I am very excited by this announcement. It shows the progressive nature of AirAsia.

“I think when the person [for the CEO's position] is revealed, you will really see people development and I think this person is going to take AirAsia Malaysia into another league. It will be good,” he said.

Earlier, Fernandes and the Minister in the Prime Minister Department Nor Mohamed Yakcop witnessed the signing of a facilitation fund agreement for RM25 million between Epsom College and Public Private Partnership Unit of the Prime Minister’s Department here today.

- Bernama


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