in People

Fastjet's executive search finds Wally for chairman role

Posted 26 March 2017 · Add Comment

Fastjet has ended its executive search for its leadership team with three key appointments. The low-cost carrier has named a new non-executive chairman, a non-executive director and a new chief financial officer to its board.

Rashid Wally has been appointed as non-executive chairman with effect from 1 April. Wally is currently the chairman and member of the audit committee of Mango Airlines. He will be stepping down from Mango to take over the role of Chairman of fastjet from Nico Bezuidenhout, fastjet CEO, who was appointed Interim Chairman in November 2016. 
In addition to his airline experience, Wally has a track record spanning over 38 years in the information technology sector having held various senior executive positions with IBM in Africa, Europe, the Middle East, South East Asia and Lenovo in Africa. He is highly regarded for his corporate turnaround experience, having successfully completed many restructuring projects in his previous roles.
Peter Hyde has been appointed as a non-executive director and chairman of the audit committee with immediate effect. Hyde spent more than 30 years in the financial services industry including extensively covering the transport and aviation sectors as a research analyst. He also has significant industry experience, having previously served as CEO of EasyBus and having held senior project management roles at National Express. Fastjet were keen to point out that Mr Hyde is an independent non-executive director and not a representative of the EasyGroup. 
Lisa Mitchell, chief financial officer, has decided to step down from her role and directorship to pursue other opportunities. Michael Muller becomes the new CFO. Muller has been with Fastjet since November 2016, working out of the airline’s Johannesburg offices. 
Muller has more than 10 years’ experience in the aviation sector, including in management accounting roles with South African Airways and as CFO and director of Air Chefs, a subsidiary of South African Airways. He is a member of the South African Institute of Chartered Accountants, having qualified in 2006. 
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

EgyptAir receives fourth Airbus 320neo at Cairo International Airport

EgyptAir’s fourth A320 Neo aircraft arrived today at Cairo International Airport from 15 aircrafts the company has contracted for, from Airbus factory in Toulouse, France, in cooperation with Aercap.

Kenya Airways appoints Allan Kilavuka as chief executive

Kenya Airways yesterday confirmed it has appointed Allan Kilavuka as chief executive of the airline.

Watching this space

With space-based air traffic management gaining traction globally, Thomas Kgokolo, the interim CEO of South Africa’s Air Traffic and Navigation Services (ATNS), speaks to Keith Mwanalushi about system integration in Africa.

Rolls-Royce BR725 engine tops one million flying hours

The Rolls-Royce BR725 engine recently achieved another impressive milestone by reaching one million flying hours.

Air Mauritius CEO elected on to IATA Board of Governors

The CEO of Air Mauritius and Vice President of AFRAA Somas Appavou will support main objectives of Air Mauritius Africa’s regional airlines and address major challenges region is facing through the most influential global industry

Aviation Africa opens in Ethiopia next week

One of the most strategically important aviation events in the 2020 calendar opens next week in Addis Ababa, Ethiopia – 4 & 5 March.

AVMENA20 SK1309100620
See us at
AVAFA20BT2207050320AVMENA20 BT1309100620