Saturday, April 28, 2018

Change of CEO of PNG Air Ltd

PNG Air Ltd

The Board of Directors of PNG Air Ltd (POMSOX: CGA) announced on Wednesday that the company’s chief executive officer, Muralee Siva, has resigned from his role as CEO.
Siva was appointed to the CEO position in November 2012, and has overseen the
implementation of the company’s strategy to focus more on regular passenger transport services, introduce majority ownership by major PNG institutions, re-fleet with new ATR 72-600 aircraft andr ebrand the company as PNG Air.
Chairman of the company’s board, Murray Woo, said: “Muralee believes that after more than five years in the role and with rebranding and the initial stage of the re-fleeting programme successfully completed, it is time for him to move on, and to allow someone with a new perspective and a
different set of ideas to come in and take the company through the next stage of its
“The board has been speaking for some time to Muralee about a transition, and agrees that this is the right time for it.
"On behalf of the board, the company and its major shareholders, I want to express to Muralee our appreciation of his outstanding efforts and contribution.
"I sincerely thank him for his dedication to the company, and for the skills, experience and acumen he has brought to it."
Pending appointment of a permanent CEO, the company’s chief commercial officer, Paul Abbot, will be the acting CEO.
Abbot joined the company as manager sales & distribution in January 2011, and became the chief commercial officer in October 2013.

No comments:

Post a Comment