South African Airways' Group Chief Executive Officer Resigns
The Board of South African Airways (SAA) has officially announced and accepted the resignation of Mr Vuyani Jarana, its Group Chief Executive Officer.
Accepting the resignation, Mr JB Magwaza, SAA chairman thanked Mr Jarana for his service and commitment and for contributing to returning confidence and credibility to the airline.
Mr Magwaza said the airline will continue to implement actions to reduce SAA’s cost structure and make the airline more competitive domestically and globally.
Since joining SAA in November 2017, Mr Jarana has spearheaded the implementation of the long-term strategy to return the airline to financial and operational sustainability and position it to deliver effectively on its mandate.
According to the airline, Mr Jarana has committed to remain until the end of August to ensure an orderly transition of his responsibilities, which is a matter that the Board will consider.
The Board of SAA will immediately commence the process of searching for a new Group CEO to take the strategy forward,” said Mr Magwaza.