PUTRAJAYA: Dr Nungsari Ahmad Radhi has been appointed the new executive chairman of the Malaysian Aviation Commission (Mavcom).
This was announced by Transport Minister Anthony Loke at a press conference after his Ministry's post Cabinet meeting on Friday (July 20).
Dr Nungsari is the managing director of Prokhas Sdn Bhd, which is owned by the government through the Minister of Finance Inc (MoF Inc), as well as a board member and principal officer of Pengurusan Danaharta Nasional Bhd, Syarikat Jaminan Pembiayaan Perniagaan Bhd and Syarikat Jaminan Kredit Perumahan Bhd.
The former Balik Pulau MP is also the principal officer of DanaInfra Nasional Bhd and sits on the Board of Lembaga Pinjaman Perumahan Sektor Awam.
In a career spanning over 30 years, he has been in academia, corporate advisory, economic research, a lawmaker and policy advocacy.
He holds a PhD in Economics from Purdue University and is a contributing columnist for The Edge since 2000.
Prior to his appointment as executive chairman, Dr Nungsari served as a commissioner at Mavcom since its inception on March 1, 2016.
Mavcom has been under the spotlight recently following calls for its abolition by local airlines, saying the Commission did not understand how the aviation industry really worked.
The Star reported earlier this month that Tan Sri Abdullah Ahmad was stepping down as Mavcom chief.
Loke had previously revealed that Abdullah's salary was currently about RM85,000 a month, which was four times more than what Prime Minister Tun Dr Mahathir Mohamad earned.
He said the Prime Minister had given instructions for a salary review after it was revealed that Abdullah's monthly salary and allowance in 2016 was RM78,300.
In a statement on Friday, Mavcom said it welcomed the appointment of Dr Nungsari as its new executive chairman.
"With Dr Nungsari's appointment, he will be assuming all executive duties formerly undertaken by the former executive chairman Tan Sri Abdullah Ahmad. He will be supported by Mavcom's commissioners and senior management.
"The Commission would like to take this opportunity to thank Abdullah for his leadership over the past two years," it added.