This article first appeared in The Edge Financial Daily, on September 23, 2015.
GEORGE TOWN: AirAsia X Bhd (AAX) has confirmed the appointment of its acting chief executive officer (CEO) Benyamin Ismail as CEO effective Sept 1.
“The board approved on Sept 22 and the letter of appointment also dated on the same day which specified that the CEO’s appointment is to take effect from Sept 1,” said AAX in a filing with Bursa Malaysia yesterday.
Benyamin, 38, was formerly AirAsia Bhd’s head of investor relations. He has been the acting CEO of AAX since Jan 30, 2015, following the departure of Azran Osman-Rani. He joined AirAsia in March 2010. Before joining AirAsia, he worked for three years in CIMB Investment Bank Bhd, focusing on debt capital markets.
AAX shares closed unchanged at 22 sen yesterday, bringing a market capitalisation of RM912.6 million, while AirAsia's share price fell one sen or 0.72% to close at RM1.37, with a market cap of RM3.84 billion.