The Board of South African Airways (SAA) has accepted the resignation of Group Chief Executive Officer, Vuyani Jarana.
Since joining SAA in November 2017, Jarana has led the implementation of the long-term turnaround strategy.
The strategy aims to return the airline to financial and operational sustainability and position it to deliver effectively on its mandate.
“On behalf of the Board, I would like to thank Mr Jarana for his service and commitment to the airline.
“He contributed to returning confidence and credibility to the airline. We wish him well in his future endeavours,” says JB Magwaza, SAA chairman.
Magwaza says the airline will continue to implement actions to reduce SAA’s cost structure and make the airline more competitive domestically and globally.
An Orderly Transition
Jarana has committed to remain until the end of August to ensure an orderly transition of his responsibilities, which is a matter Magwaza says 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,” concludes Magwaza.
More details on transitional arrangements will be announced soon.