SEPANG: AirAsia X Bhd (AAX) has appointed Farouk Kamal as an independent non-executive director, effective immediately, following the company’s recent confirmation of a new strategy to transform low-cost, long-haul air travel.
In a statement, the carrier said the appointment of Farouk reflected a new era for AAX as the airline embarks on a new strategic direction for a sustainable and viable future.
Farouk is currently the chief investment officer of Urusharta Jamaah Sdn Bhd (UJ). He is part of UJSB’s pioneer team responsible for the management of assets worth over RM10bil.
He has over 15 years of working experience in investment banking, corporate finance, equities research and equities trading. He started his career with Credit Suisse as part of Malaysia’s equities trading and research team.
In 2008, Farouk joined J.P Morgan’s investment banking team and subsequently worked with Deutsche Bank’s investment banking team in 2013.
He graduated from the London School of Economics and Political Science with an MSc in Finance and Economics as well as a BSc in Economics degree.