KUALA LUMPUR, Dec 30 — AirAsia Aviation Group has announced the appointment of Riad Asmat to its board of advisers as he relinquished his position as the chief executive officer (CEO) of AirAsia Bhd, effective tomorrow.
It said he would also continue to be on the board of AirAsia Bhd and Ground Team Red, apart from providing consultancy work for Capital A Aviation Services.
“Riad, through his strategic vision and profound leadership, has played a crucial role in navigating the airline through the challenges posed by the Covid-19 pandemic.
“His leadership has been instrumental in not only sustaining the airline during these unprecedented times but also in positioning it for a promising future in the post-pandemic landscape,” AirAsia Aviation said in a statement.
Riad said this was not an easy decision and that “while stepping down as CEO, I am looking forward to continue supporting the company in its next chapter.”
AirAsia Aviation Group Group CEO Bo Lingam said Riad will remain an integral part of AirAsia by joining the board of advisers.
“All our operations will continue as usual, unaffected by this transition. We look forward to continuing our journey with his guidance and have full confidence in the capable hands of the team while ensuring a smooth transition when the new CEO is appointed,” he said.
AirAsia will announce additional updates on the company’s restructuring and personnel within the group in due course.
Riad was appointed AirAsia Bhd CEO on January 10, 2018, and was responsible for managing the company’s Malaysia-based operations.
— Bernama
