South African Airways (SAA) appointed Zuks Ramasia as interim CEO on Friday.
The board said that outgoing CEO Vuyani Jarana, who was meant to vacate office at the end of August, will be conducting a brief hand over to Ramasia on Monday, June 10.
Jarana resigned as he said the SAA was being held back in the competitive market making it difficult.
A search was conducted domestically and globally by the board for a candidate who had adequate experience and expertise for the role, and felt that Ramasia, who was previously SAA general manager of operations, would greatly assist in stabilising the company in it’s long-term strategy.
SAA board member, Thandeka Mgoduso said that the board had found Ramasia to be an experienced executive with an extensive aviation background.
SAA are committed to the implementation of their turnaround strategy and with the support of the shareholders, the board and executive management working closely together they believe that they can achieve success.