H.E. Augusto da Silva Tomas, Minister of Transports of Angola and His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group, at the signing of the strategic partnership agreement in Dubai.
The four executive directors appointed by Emirates Airline are already in Angola to join the new board of directors of TAAG, Angolan Airlines.
The CEO of TAAG, Joaquim Cunha, said the new executive directors would assume their respective positions soon, under the strategic partnership agreement signed in September 2014 between the Government of Angola and Emirates Airline, through which, TAAG will be under the management of a team of executives from Emirates.
The agreement provides for a new governing model for TAAG which will be managed by a nine-member management board: five appointed by the Angolan Government, namely, the Deputy CEO and four non-executive directors while Emirates will represented by four executive directors, that is, the CEO and three directors in charge of the commercial, operation, finance and administrative departments.