Tuesday 1 November 2011

MAS' CFO to end tenure year-end

KUALA LUMPUR: Mohd Azha Abdul Jalil will end his tenure as the Chief Financial Officer (CFO) of Malaysia Airlines at year-end.

He will remain with the company until Dec 31 to ensure a smooth handover for seamless business continuity, said the national carrier in a statement today.

Mohd Azha joined the national carrier in July 2007 as Senior General Manager – Finance, and contributed significantly to the implementation of its Business Transformation Plan from January 2008.

He was appointed CFO of Malaysia Airlines in September 2009.

Malaysia Airlines said among his achievements in the national carrier was consolidating and outsourcing of the Europe finance back-office in 2007, and raising RM2.7 billion for the company through a rights issue last year.

Mohd Azha had been instrumental in raising aircraft financing worth approximately RM4 billion for 36 various new aircraft, under the fleet renewal programme.

Malaysia Airlines took delivery of its first new aircraft in late 2008.

He was also responsible for implementing an integrated Enterprise Resource Planning (ERP) system which will cut-over from the start of 2012.

Prior to joining Malaysia Airlines, Mohd Azha worked in a major oil and gas company for 17 years. - Bernama
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