, Singapore

Tiger Airways appoints a non-aviation expert as CEO

Will Tiger roar again under the new leadership of Koay Peng Yen?

Tiger Airways’ (TGR) on Friday announced it is appointing Mr. Koay Peng Yen as Group Chief Executive Officer (CEO), starting from 10 Aug 2012.

Mr. Koay will take over from TGR’s interim CEO Mr. Chin Yau Seng, who is returning to Singapore Airlines. Mr. Koay is new to the aviation sector but has significant previous experience from the shipping and offshore sectors.

Mr Koay will also be proposed for election as director at the next TGR AGM on 31 Jul 2012.

According to OCBC analyst Eric Teo, the conclusion of TGR’s CEO search should provide continuity in its recovering operations.

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