TRC20:AirAsia X appoints Tunku Mahmood Fawzy as chairman

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SEPANG: AirAsia X Bhd (AAX) has appointed Tunku Datuk Mahmood Fawzy as chairman of the board of directors, effective immediately.

The carrier, in a statement, said he will succeed Tan Sri Rafidah Aziz, who held the chairman role since 2013 and recently announced her resignation from the board, effective July 1.

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He initially joined AAX as an independent non-executive director on June 27.

Following the redesignation, he will focus on driving corporate growth strategies and providing robust oversight of the board and senior leadership team.

AAX co-founder and group acting CEO Tan Sri Tony Fernandes said: “We are thrilled to welcome Tunku Mahmood as the new chairman of the Board. He brings a wealth of expertise and extensive board experience including as a chair with a strong 30-year track record in numerous high-profile international leadership roles spanning corporate investment, finance and more. His decision to join the AAX board is a testament to the exciting journey ahead for AAX and all of our stakeholders.”

“With this appointment, we will be able to combine the strengths of an entrepreneur-led company with a continued drive towards strong corporate governance,” he added.