Meet our new CEO, Aireen Omar.
Aireen holds an economics degree from the London School of Economics and Political Science and a masters in economics degree from New York University.
Prior to her appointment as CEO, Aireen was Regional Head of Corporate Finance, Treasury and Investor Relations. She joined AirAsia in January 2006 as Director of Corporate Finance. Aireen was, among others, instrumental in securing the financing for AirAsia’s fleet expansion, a vital component of AirAsia’s success. Her role included handling the negotiations with Airbus for the record purchase of 200 Airbus A320neo aircraft that was announced at the Paris Airshow in 2011.
In early 2009, Treasury functions were added to Aireen’s portfolio. She took on this portfolio at the time of the global financial crisis, when credit lines dried up and uncertainty and volatility ruled the markets.
Aireen’s role as the catalyst for innovative financing structures, including the Islamic French Single Investor Ijarah earned AirAsia global recognition for its leadership in the finance world. Aireen was also responsible for raising funding for the entire AirAsia Group to facilitate its growth, and she assisted in the setting up of AirAsia’s various joint ventures.
In late 2009, Investor Relations and Fuel Procurement were further added to Aireen’s responsibilities. Under her leadership, Investor Relations was restructured to facilitate greater transparency and improved engagement with the investment community.
Her portfolio allowed Aireen to get a deeper understanding of the complexities of operating an airline, especially during the turbulent times. Her wide range of responsibilities and her years with AirAsia have allowed her to be fully immersed in the AirAsia culture. They have also given her a firm footing in continuing the founders’ tradition of establishing a “people company.”
Prior to joining AirAsia, Aireen worked for around nine years in the financial industry. She began her career at Deutsche Bank Securities Inc in New York. Upon returning to Malaysia in 2001, she worked in several major local financial institutions, including Maybank Group.
In accepting the appointment as CEO of AirAsia Malaysia, Aireen said, “I am honored and humbled by the trust and confidence placed in me by AirAsia co-founders Tony, Kamarudin and the Board of Directors. I’ve been incredibly fortunate to have worked with and learned from two of the best entrepreneurs in Asean. These are certainly big shoes to fill, but with the passion, hard work and creativity of the AirAsia Allstars, a management team that has proven its leadership across the industry, and AirAsia’s consummate belief in Malaysia and the region, we move onwards with confidence.”
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