Khazanah Nasional Bhd has announced the appointment of Christoph R. Mueller, the current chief executive officer (CEO) of Ireland's Aer Lingus Plc as CEO-designate of Malaysia Airlines (MAS) NewCo, which will be operational by July 1, 2015.
The MAS Board, effective 1 January 2015, will comprise:
* Tan Sri Md Nor Yusof (Non-Independent Non-Executive Chairman)
* Ahmad Jauhari Yahya (Managing Director/Group Chief Executive Officer)
* Christoph R. Mueller (Non-Executive Director/CEO-designate of MAS NewCo)
* David Lau Nai Pek (Senior Independent Non-Executive Director)
* Tan Sri Dr. Mohd Irwan Serigar Abdullah (Non-Independent Non-Executive Director)
* Mohd Shahazwan Mohd Harris (Non-Independent Non-Executive Director)
* Tan Sri Krishnan Tan Boon Seng (Independent Non-Executive Director)
* Tan Sri Datuk Amar Haji Mohamad Morshidi Abdul Ghani (Independent Non-Executive Director)
* Tan Sri Sukarti Wakiman (Independent Non-Executive Director)
* Dr. Mohamadon Abdullah (Independent Non-Executive Director)
* Mohd Izani Ashari (Non-Independent Non-Executive Director)
* Datuk Sri Mohammed Shazalli Ramly (Non-Executive Director)
* Datuk Fauziah Yaacob (Alternate Director to Tan Sri Dr. Mohd Irwan Serigar Abdullah /Non-Independent Non-Executive Director)
Under the line-up of key leaderships in the NewCo, the current Celcom Axiata Bhd CEO Datuk Seri Shazalli Ramly will be appointed as non-executive director and Malaysia Airport Holdings Bhd advisor Tan Sri Bashir Ahmad Abdul Majid as chairman of the Corporate Reskilling Centre.
Khazanah said the appointments were deliberated and resolved at the meeting of the Khazanah Board of Directors, chaired by Prime Minister Datuk Seri Najib Razak.
The appointments announced today are part of efforts by the government and Khazanah to lay strong foundations for the future success of our national carrier.
Christoph is the best candidate, and he has two equally important tasks: to lead the turnaround of our national carrier and to build local succession,” he said in the statement.
A German citizen, Mueller has been CEO of Aer Lingus since 2009. He brings more than 25 years of relevant experience in the aviation, logistics and tourism sectors to MAS.
At Aer Lingus, in the last four-and-half years, Mueller turned around the loss-making airline within a year, in a declining Irish market and tepid European market conditions.
Aer Lingus’ sustainable profitability and cash generation are built on a new strategy and business model that has enabled the 78-year-old carrier to compete in a difficult market environment with both traditional legacy airlines and low-cost carriers. It has also developed Dublin to become one of the leading hubs for North Atlantic long-haul traffic.
Aer Lingus has overall, ventured into new markets and business models, and successfully repositioned itself from primarily a business-to-business model to a business-to-consumer Model, with a 90 per cent online distribution.
Khazanah said Mueller’s appointment as MAS CEO-designate and non-executive director will take effect on Januari 1. His contract as CEO of Aer Lingus, the national airline of Ireland, ends on May 1 2015.
Source : New Straits Times
The MAS Board, effective 1 January 2015, will comprise:
* Tan Sri Md Nor Yusof (Non-Independent Non-Executive Chairman)
* Ahmad Jauhari Yahya (Managing Director/Group Chief Executive Officer)
* Christoph R. Mueller (Non-Executive Director/CEO-designate of MAS NewCo)
* David Lau Nai Pek (Senior Independent Non-Executive Director)
* Tan Sri Dr. Mohd Irwan Serigar Abdullah (Non-Independent Non-Executive Director)
* Mohd Shahazwan Mohd Harris (Non-Independent Non-Executive Director)
* Tan Sri Krishnan Tan Boon Seng (Independent Non-Executive Director)
* Tan Sri Datuk Amar Haji Mohamad Morshidi Abdul Ghani (Independent Non-Executive Director)
* Tan Sri Sukarti Wakiman (Independent Non-Executive Director)
* Dr. Mohamadon Abdullah (Independent Non-Executive Director)
* Mohd Izani Ashari (Non-Independent Non-Executive Director)
* Datuk Sri Mohammed Shazalli Ramly (Non-Executive Director)
* Datuk Fauziah Yaacob (Alternate Director to Tan Sri Dr. Mohd Irwan Serigar Abdullah /Non-Independent Non-Executive Director)
Under the line-up of key leaderships in the NewCo, the current Celcom Axiata Bhd CEO Datuk Seri Shazalli Ramly will be appointed as non-executive director and Malaysia Airport Holdings Bhd advisor Tan Sri Bashir Ahmad Abdul Majid as chairman of the Corporate Reskilling Centre.
Khazanah said the appointments were deliberated and resolved at the meeting of the Khazanah Board of Directors, chaired by Prime Minister Datuk Seri Najib Razak.
The appointments announced today are part of efforts by the government and Khazanah to lay strong foundations for the future success of our national carrier.
Christoph is the best candidate, and he has two equally important tasks: to lead the turnaround of our national carrier and to build local succession,” he said in the statement.
A German citizen, Mueller has been CEO of Aer Lingus since 2009. He brings more than 25 years of relevant experience in the aviation, logistics and tourism sectors to MAS.
At Aer Lingus, in the last four-and-half years, Mueller turned around the loss-making airline within a year, in a declining Irish market and tepid European market conditions.
Aer Lingus’ sustainable profitability and cash generation are built on a new strategy and business model that has enabled the 78-year-old carrier to compete in a difficult market environment with both traditional legacy airlines and low-cost carriers. It has also developed Dublin to become one of the leading hubs for North Atlantic long-haul traffic.
Aer Lingus has overall, ventured into new markets and business models, and successfully repositioned itself from primarily a business-to-business model to a business-to-consumer Model, with a 90 per cent online distribution.
Khazanah said Mueller’s appointment as MAS CEO-designate and non-executive director will take effect on Januari 1. His contract as CEO of Aer Lingus, the national airline of Ireland, ends on May 1 2015.
Source : New Straits Times
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