Air China names new president and executive directo

Air China has promoted its vice-president Ma Chongxian to the position of president, effective 31 May. The board has also appointed him as an executive director and vice-chairman. The proposed appointment as an executive director is subject to shareholder approval at the general meeting of the airline, the carrier says in a 1 June filing to the Hong Kong stock exchange. Ma will enter into a service contract for serving as a director for a term starting on the date of approval by the shareholders of his appointment and ending on the expiry of the term of the current session of the board. Ma will not receive any remuneration for his serving as Air China’s president and director, the carrier adds. He started his career in July 1988 and worked in the mechanical division of the Inner Mongolia Administration of Civil Aviation Administration of China and the aircraft repair plant at the Inner Mongolia branch of Air China International.<br/>