Garuda Indonesia’s board has appointed a new CE as part of a new leadership rearrangement, replacing current leader Pahala Mansury. The new president and CE is I Gusti Ngurah Askhara Danadiputra, who is more commonly known as Ari Askhara. Askhara is currently the CE of state-owned sea-port operator PT Pelabuhan Indonesia III. He was CFO of Garuda from Dec 2014 to April 2016. The leadership changes were announced after an extraordinary shareholders meeting in Jakarta Sept 12. Mansury had been CE since April 2017. Garuda also announced a new 8-person board, with only 2 directors returning from the previous board. Garuda reported a net loss of US$114m for the 6 months through June 30, narrowed from a $254.1m loss in the year-ago period. <br/>