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Ethiopia: Kassim Geresu appointed as CEO of Malawian Airlines
Source: bnl Times
Ethiopian Airlines Chief Financial officer Kassim Geresu, has been appointed to lead Malawian Airlines, the newly reorganized airline of Malawi, which Ethiopian airlines has a 49% stake. Ethiopian Airlines Chief Executive Officer, Tewolde GebreMariam, said in a statement on Tuesday that Kassim Geresu has been seconded from Addis Ababa to head Malawian Airlines as per the management agreement between Ethiopian and Malawian Airlines.
“I am confident that he has the requisite academic background and experience in the airline industry to ensure the successful take-off of Malawian Airlines,” said GebreMariam.
He said the company expects Geresu to make Malawian Airlines a liner of choice for its customers, investors, employees and the general public.
Before his Malawi appointment, Geresu served as chief financial officer of Ethiopian Airlines since October 2010.
He has over 25 years experience in the airline industry after joining Ethiopian in 1988 and holds an MBA from the Open University of the United Kingdom and a Bachelors Degree in Accounting.
Malawian Airlines was established through a strategic partnership between the Malawi government and Ethiopian Airlines as the new national carrier of Malawi.
As per the agreement between the two partners, 51 percent of the shares of Malawian Airlines are held by the Malawian government with Ethiopian having 49 percent as well as the management and technical contract of the newly formed airline.
According to Ethiopian Airlines, the Malawi government and Ethiopian Airlines are currently undertaking all the necessary groundwork and preparations for the start of services of the new airline in less than three months.
I have said it before, and I will say it again, Ethiopian is trying to do too much too quickly. The last time I said this was when they decided to go to South America.They already have like a 50% (if not more), stake in another West African airline whose name I can’t remember.
Invest the money in quality assurance, better training and marketing for existing routes and destinations which are now quite a few.
GOD BLESS ETHIOPIAN AIRLINES
I applaud this move but Open University? Is that Wayane University? Anyways, the guy looks vibrant and it will open pathway for equitable Ethiopia.
Oh this is bad News for the diaspora… Where is the bad news
Diaspora need bad news yo yo yo
Good job Ethiopia.
Bravo Kassim! Well done bro and keep conquering the white man`s business world along withe other hard-working colleagues of the iconic EA.
That is called pre-emptive strike. Get there before your competitor. I like the idea of ETHIOPIAN being one step ahead of the “cash flooded” competing airlines like EMIRATES and QATAR or any up-and-coming airlines from the East. I don’t discount your suggestion on investing on quality and customer service but that should go in tandem with growth
In this dog-eat-dog world of Airlines business, you need to have some kind of advantage on your competitor to survive.
Kudos to Ethiopians Airlines to have a vision to know where the future business growths are!
As an ethiopian it is wonderfull News.
I think a Malawi Citizen wont be excited by this agreament. First he criticizes for his native profesionals not taking the busienss by them selves in the first Place. And if it has to involve foreigners then he wishes that the percnetaage should be as low as possible. this is human nature.
But the pain is when Effor-tigray owns 75% of oromya Natural coal while Opdo owns 25%. This makes People seak. Tigrians wont understand this. they dont even want to acknowladge how tigra-plf misused its Power to empower Effor-tigray while the others bitten on heads!
A talented person and the right man for the job.Congra for both Mr. Kassim and ET.
And all of you out there (making comments) twisting politics with business just grow up and choose you battles, if you know what i mean.
Guys, forget about Ethiopian share on Malawian. The best part, an Ethiopian CEO for a foreign airlines.
Well done Ethiopian, Fly high to great length and shine on African sky.
From Class of 22 (EMTS)
a word of advise to Kassim Geresu,
Please find for the definition of Diaspora in any of your choice of english dictionary.
The Term Diaspora dose not mean being anti- Ethiopia or its current ruling government. No offens bro.
A little read on airline business may help change your mind. This is very common in airline business. Just read what Etihad, Emirates, and even the likes of Meridiana of Italy are doing in Africa.
good job uncle.
It was Oromo man Girma Wake who has over seen the success of Ethiopian Air lines before he was forced out by woyanes. When he was in charge the EA grew by 25% annually.
So I wonder why they send another talented Oromo man who could have benefited Ethiopian Air Lines at home. Possibly they might have been intimidated by his potential to lead the comany at home. Some thing is fishy.
Oh my friend Abyssinian [Visitor] you have so much to learn. I suggest a little more reading than commenting.
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