AirAsia X changes at the top

SEPANG  AirAsia X has named Datuk Kamarudin Meranun as group CEO, AirAsia X and Benyamin Bin Ismail as acting CEO of AirAsia X Berhad as part of an on-going reorganisation exercise.
AirAsia X also confirmed Azran Osman-Rani’s exit from the post of chief executive officer office with effect 30 January.
In this newly created role, Kamarudin will spearhead developing the overarching strategy for the AirAsia X Group, which encompasses AirAsia X Berhad, AirAsia X Thailand and Indonesia AirAsia Extra.
inside no 6 Datuk Kamarudin Meranun
Datuk Kamarudin Meranun
Benyamin, together with Kamarudin will lead the reorganisation and turnaround exercise to strengthen the company’s balance sheet and to maximise profitability to ensure a stronger financial footing for the company.
“Over the past few months, we saw the company facing challenges in a difficult environment. After a thorough review, a decisive turnaround plan was initiated to put the company on substantially better financial footing to ensure we bring back confidence to the market. With this robust plan in place, AirAsia X will advance to the next chapter of growth and uphold its leadership position in the long haul, low cost market.”
“The AirAsia X board and the co-founders including myself are confident in this plan and we will be executing a rights issue and we will fully underwrite our portion in support of the company.”
inside no 6.1 Benyamin Bin Ismail
Benyamin Bin Ismail
Benyamin joined AirAsia Berhad in 2010, heading up the Investor Relations team and most recently played the role group head of corporate development, implementation and investor relations.
Reporting to the GCEO, he led the group in corporate development, finding strategic opportunities complementing AirAsia’s airline and non-airline businesses through Mergers and Acquisitions, investments and special projects.
He also managed regional IR, communicating the AirAsia Group strategy, growth and outlook to the investor community.

sourced:ttrweekly.com