TravelNewsAsia.com

AirAsia X to Appoint Y.B. Tan Sri Rafidah Aziz as Chairman

Travel News Asia Latest Travel News Podcasts Videos Monday, 28 February 2011

AirAsia X is expected to appoint Y.B. Tan Sri Rafidah Aziz as the company's new non-executive, independent chairman this week.

The Board of Directors of AirAsia X Sdn Bhd will convene on Thursday, 3rd March 2011, to formalise the appointment.

Y.B. Tan Sri Rafidah Aziz, the former Minister of International Trade and Industry, had earlier accepted an offer for the post extended by AirAsia X board.

Currently, the AirAsia X Board is chaired by Dato’ Kamarudin Meranun, AirAsia Berhad’s Deputy Group Chief Executive Officer.

“It is an honour and privilege for me to hand over and make way for someone of Y.B. Tan Sri Rafidah Aziz’s stature, and we are confident that under her chairmanship, AirAsia X will continue to grow into a Malaysian Global Champion in aviation,” said Dato’ Kamarudin.

AirAsia X intends to capitalise on Y.B. Tan Sri Rafidah’s extensive international expertise, as Malaysia’s longest serving Minister of International Trade & Industry and her world-renown skills as a tough, no-nonsense, pragmatic and articulate international trade negotiator who completed many bilateral and multilateral trade agreements, as well as dealing with top-level executives of global multinational corporations to convince them to invest in Malaysia.

Her independent status will also strengthen the corporate governance of AirAsia X, which is considering an Initial Public Offering exercise in the near future.

Her previous role at MITI also provided Y.B. Tan Sri Rafidah with extensive experience with the Malaysian IPO process and dealing with major institutional investors.

The current Board of Directors of AirAsia X Sdn Bhd comprises seven directors representing the shareholders of the company, namely AeroVentures Sdn Bhd (52%), AirAsia Bhd (16%), Corvina Holdings (10%), Orix Corp (11%), and Manara Malaysia Ltd (11%). The Board is presently chaired by Dato’ Kamarudin Meranun, AirAsia Bhd’s Deputy Group Chief Executive Officer.

AirAsia X is the long-haul, low cost affiliate of AirAsia.

See other recent news regarding: Airlines, Airports, Awards, Flights, Codeshare, FFP, Inflight, Lounges, First Class, Business Class, MICE, GDS, Rewards, Miles, Hotels, Apartments, Promotions, Spas, Yoga, Retreat, New Hotels, Traffic, Visitor Arrivals, Cruises, Free Deals, Interviews, Videos, AirAsia, Tune Hotels, AirAsia X

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2024 TravelNewsAsia.com