George Kamal will be replaced on an interim basis by director of legal services, Habil Waswani.
Kenya Airways chief executive George Kamal has resigned from his position, less than a year into the job and just a few weeks after the carrier posted a heavy first-half net loss.
The African SkyTeam Alliance member says in a 1 September statement that Kamal resigned “for personal reasons” and will be replaced on an interim basis by its company secretary and director of legal services, Habil Waswani.
“The board has already initiated the process to competitively recruit a substantive holder of the position, which is expected to be completed in the near term,” says Kenya Airways.
Kamal will leave the airline on 30 September and Waswani will take up his new role on 15 September.
Kamal was named acting chief executive in mid-December after three years as the carrier’s chief operating officer. He replaced Allan Kilavuka, who stepped down after a six-year term.
Waswani has worked at Kenya Airways for five years, prior to which he held legal roles in the banking and insurance sectors.
“The company remains focused on the ongoing turnaround strategy of the airline, whose primary objective is to secure its operational reliability, return to positive financial performance sustainability and achieve its targeted growth ambitions,” says Kenya Airways.
The carrier said last month that it was prioritising a capital raise, along with restoration of its fleet, as it reported a first-half net loss of KShs16.1 billion ($124.4 million).
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