Former Ryanair executive becomes Malaysia Airlines’ CEO
Malaysia Airlines’ current chief operating officer has been elevated to the role of CEO following the departure of Christoph Mueller.
Peter Bellew will ‘ensure continuity and further progress of the overall restructuring effort’ said sole shareholder state investment agency Khazanah Nasional.
Former Ryanair executive Bellew has taken over from Mueller who is leaving for ‘personal reasons’ and has been a member of the MAB senior management team since it was relaunched in September 2015.
Mueller was brought in as a turnaround specialist to restructure the airline following the shooting down of flight MH17 and the mysterious disappearance of a flight from Kuala Lumpur to Beijing, which took it to the brink of bankruptcy.
Mueller officially ends his tenure in September but has now gone on leave and will be available to ensure a smooth transition, Khazanah said.
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