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Abu Dhabi, UAEFriday 19 April 2019

Etihad replaces CFO amid turnaround

Mark Powers leaves the company and head of treasury Adam Boukadida steps in as interim group CFO

FILE PHOTO: An Etihad Airways Boeing 777-3FX aircraft takes off at the Charles de Gaulle airport in Roissy, France, August 9, 2016. REUTERS/Jacky Naegelen/File Photo
FILE PHOTO: An Etihad Airways Boeing 777-3FX aircraft takes off at the Charles de Gaulle airport in Roissy, France, August 9, 2016. REUTERS/Jacky Naegelen/File Photo

Etihad Aviation Group's chief financial officer Mark Powers has left the company and its head of treasury Adam Boukadida has been appointed in an interim capacity, the airline said.

Mr Powers "decided to return to the United States for personal reasons", an Etihad Airways spokeswoman said in a statement to The National on Tuesday. Mr Boukadida will fill the role as Etihad searches for a permanent replacement for the position.

Mr Boukadida has been interim chief financial officer since March, according to his LinkedIn profile.

The executive role changes come amid a turnaround plan at the Abu Dhabi airline to return to profitability.

Reuters first reported on Tuesday of the executive role changes.

Updated: April 16, 2019 03:11 PM

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