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Mon 24 Apr 2017 03:26 PM

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UAE's Etihad hires new chief for equity investment strategy

Robin Kamark will take up new role in October to develop minority stakes in seven carriers worldwide

UAE's Etihad hires new chief for equity investment strategy
Robin Kamark will take up role as CEO, Airline Equity Partners in October.

Etihad Aviation Group on Monday announced the appointment of Robin Kamark as CEO, Airline Equity Partners.

Kamark will be responsible for leading and developing the Group’s minority equity investment strategy, which includes stakes in airberlin, Alitalia, Jet Airways, Air Serbia, Air Seychelles, Etihad Regional and Virgin Australia, a statement said.

He takes over from Bruno Matheu, who has held the role since May 2016, and is leaving for personal reasons, it added.

Kamark is a 17-year veteran of the airline industry, rising through a range of strategy, commercial and general manager roles at SAS Group to become chief commercial officer. For the last five years, he has been executive vice president and chief commercial officer of Storebrand ASA, a Nordic financial services business.

Mohamed Mubarak Fadhel Al Mazrouei, chairman of Etihad Aviation Group, said: “Robin is a well-respected leader in global aviation, with wide-ranging experience at SAS Group. He performed important roles in the restructuring of that airline and has broadened his experience more recently in financial services.

“Our equity partner strategy continues to be an important element of our business model, and Robin will drive the strategy by adjusting and progressing our approach.”

Kamark will lead strategic developments to optimise business performance, revenues and cost synergies between Etihad Airways and its equity partners across the world. He will also provide strategic leadership for airline partners where Etihad Airways has management responsibility.

He will take up his new position in October.

The EAG board is currently involved in a search for a new Group CEO after James Hogan announced that he would step down from the company later this year.

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