Tan Sri Wan Zulkiflee steps down from Malaysia Aviation Group chairmanship

LocalBusiness & Finance
20 Sep 2024 • 4:19 PM MYT
Media Selangor (EN)
Media Selangor (EN)

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KUALA LUMPUR, Sept 20 — Malaysia Aviation Group (MAG) group chairman Tan Sri Wan Zulkiflee Wan Ariffin has relinquished his position effective today.

MAG said Zulkiflee was appointed as MAG group chairman in July 2020 and has indicated his intention to resign from the board in June this year, after four years of service.

“The board and management of MAG would like to take this opportunity to express its deepest appreciation and gratitude for Wan Zulkiflee’s exceptional leadership and invaluable contributions to the airline.

“Wan Zulkiflee’s wealth of experience guided MAG through turbulent times during Covid-19. He played a crucial role in ensuring the successful completion of the group’s financial restructuring exercise and reducing the group’s liabilities by over RM15 billion,” it said in a statement today.

MAG added that his stewardship was pivotal in guiding the company to report its first-ever net income after taxes in 2023 since the group’s inception in 2015.

— Bernama