Tony Fernandes resigns from all posts, except AirAsia Group and AirAsia X
PUCHONG: AirAsia Group Bhd chief executive Tan Sri Tony Fernandes announced that he will relinquish all board positions from his companies, except AirAsia Group and AirAsia X Berhad.
Announcing his decision via Twitter, Fernandes said that he plans to allow young leaders to move up the company’s ranks.
“As the first step of stepping back and moving the next generation of @airasia leaders into the forefront, I will be stepping down of all boards except @airasia group and airasia X,” the tweet reads.
AirAsia X Berhad, operating as AirAsia X, is a long-haul budget airline based in Malaysia and a sister company of AirAsia.
Fernandes is listed as a non-independent non-executive director on the board of AirAsia X.
Last month, Fernandes was appointed as the chief executive of airasia.com, the low-cost airline’s travel and lifestyle e-commerce platform.
