Malaysia Airlines MD Ahmad Fuaad Dahalan resigns effective today


KUALA LUMPUR (XF News) - Malaysia Airlines System Bhd's managing director Ahmad Fuaad Dahalan, 55, has resigned effective today, the company said in a statement to the stock exchange. 

No reasons were given.

The retirement age in Malaysia is 55 years.

Ahmad Fuaad was appointed as MAS' managing director on April 1, 2004.

In a separate statement, MAS said Azmil Zahruddin Raja Abdul Aziz has been redesignated as executive director from being non-executive director.

Azmil is currently the managing director and chief executive officer of Penerbangan Malaysia Bhd, parent of MAS.

At a media briefing announcing MAS' first quarter results, the national carrier's chairman Munir Majid said the company will begin a search for a new managing director but that in the interim he, as the chairman, will assume the responsibilities of the position.

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More