KUALA LUMPUR: AirAsia Aviation Group today announces the appointment of Riad Asmat to its board of advisors as he relinquishes his position as chief executive officer of AirAsia Bhd (AirAsia Malaysia) effective Dec 31.
The announcement came after Riad, in an Instagram post earlier today, said he was taking a break after six years at the helm before transitioning to a possible advisory role for AirAsia.
The group said Riad 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," it said in a statement.
"Riad will also continue to be on the Board of AirAsia Berhad and Ground Team Red, apart from providing consultancy work for Capital A Aviation Services."
Riad said he was proud to have been given the opportunity to work with AirAsia and the "amazing Allstars".
"This was not an easy decision considering how each and every one truly meant to me as my airline family throughout this very meaningful journey in my life.
"While stepping down as CEO, I am looking forward to continue supporting the company in it's next chapter."
Bo Lingam, Group CEO of AirAsia Aviation Group said Riad will remain an integral part of AirAsia by joining the board of advisors.
"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."
Riad was appointed AirAsia Malaysia CEO on Jan 10, 2018 and was responsible for the management of the company's Malaysia-based operations.
AirAsia will be announcing additional updates on the restructuring of the company and personnel within the group in due course.