State airline Garuda Indonesia appoints new CEO Glenny Kairupan, official says

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State airline Garuda Indonesia on Wednesday appointed a new chief executive officer, retired military official Glenny Kairupan, its corporate secretary Cahyadi Indrananto said.No reason was given for the appointment. Cahyadi told Reuters that inquiries should go to the government, as Garuda's main shareholder. Indonesia's President Prabowo Subianto has referred to Kairupan as his friend, citing their time together as military cadets, state news Antara reported in August.Kairupan, who is listed on Garuda Indonesia's website as a member of its board of commissioners, replaced former chief executive Wamildan Tsani.Garuda Indonesia IDX:GIAA also appointed Balagopal Kunduvara, a former executive of Singapore Airlines SGX:C6L, as its chief financial officer.Garuda Indonesia's finances have been strained since the COVID-19 pandemic, forcing the airline to undertake a debt restructuring.

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