Air China’s chairman Wang Changshun has resigned, two years after his appointment.
In a brief statement on the Hong Kong Exchange, the Chinese flag carrier says Wang quit due to a “change of job assignments”. With the resignation, effective immediately, Wang also stepped down from his role as a member of the Strategy and Investment Committee as well as the Nomination and Remuneration Committee of the Board.
The statement adds that Wang has confirmed he was not in any disagreement with the board.
Local media reports says Wang also stepped down from his appointment as Air China’s parent China National Aviation Holding Company’s general manager, earlier this month. Cai Jianjiang, who is the carrier’s president, replaced him.
Cai is also expected to take over as Air China’s chairman.
Wang meanwhile could take up a senior role in the country’s transport ministry, local media reports say. It is not unusual for state-owned firms to reassign senior executives to government arms.
Before joining Air China, Wang served with Xinjiang Airlines and China Southern Airlines, and was a deputy director at the Civil Aviation Administration of China.