Business

Nikhil Ravishankar to Become CEO of Air New Zealand: A Tech Expert Leads the Way


Wellington / July 30–31, 2025 — In a historic leadership move, Nikhil Ravishankar, of Indian origin, has been named the next Chief Executive Officer of Air New Zealand, stepping into the role on October 20, 2025

Ravishankar, who has served as the airline’s Chief Digital Officer for nearly five years, will succeed Greg Foran, who led the carrier through the challenges of the COVID‑19 crisis and announced his voluntary departure earlier this year

During his tenure, Ravishankar spearheaded key digital initiatives, including overhauling the airline’s digital infrastructure, loyalty programs, and customer experience platforms. Prior to joining Air New Zealand, he held executive roles at Vector and Accenture across the Australasian region

Air New Zealand continues to grapple with deepening supply chain disruptions, persistent engine maintenance issues, and fierce competition from Qantas and Virgin Australia. The airline’s limited domestic market adds further pressures to its recovery and growth strategy

Chair Dame Therese Walsh said Ravishankar brings a “fresh perspective grounded in New Zealand values” and recognized his “digital literacy, global outlook, and deep care” for the airline and the country. The board conducted a rigorous international search before selecting him as the standout candidate

Nikhil Ravishankar shared:
“I’m both thrilled and humbled to take on this role. This airline is an institution with a deep legacy and a fantastic future. It’s a privilege to lead for our people, customers, and country.”

Business

Kuok Hui Kwong Takes Over as CEO of Shangri-La Asia, Starting August 1


In a significant leadership reshuffle, Kuok Hui Kwong has been appointed the Chief Executive Officer of Shangri-La Asia, effective August 1. A prominent name in Asian business circles and the daughter of Malaysian billionaire Robert Kuok, she brings a wealth of experience, academic pedigree, and family legacy to the iconic hospitality brand.

Having joined the company in 2014, Kuok Hui Kwong has been deeply involved in strategic decisions, serving as executive director and chairman since 2017. Her appointment as CEO marks a consolidation of leadership roles that is expected to enhance strategic alignment and operational efficiency across the group.

She holds a Bachelor’s degree in East Asian Studies from Harvard University and has served in leadership roles at SCMP Group and Bangkok Post, strengthening her profile in media and management before fully committing to the family’s hospitality empire.

Her employment contract includes a monthly base salary of USD 73,000, along with a discretionary bonus and pension, underlining the high stakes and expectations tied to her new role.

Her father, Robert Kuok, is known as Malaysia’s richest man, with a net worth of USD 12.4 billion (as of July 2023). He founded Shangri-La Hotels and Resorts in 1971, and the group has since grown into a major force in luxury hospitality.

Despite a modest 2% revenue increase in 2024, reaching USD 2.19 billion, Shangri-La Asia’s net profit declined by 12.3% to USD 161.4 million, highlighting the competitive and shifting landscape the new CEO must navigate.

Kuok Hui Kwong’s leadership is anticipated to inject renewed vision and execution strength into the company. As someone deeply familiar with both the operational and familial heritage of the business, she is well-positioned to steer Shangri-La into a new era of global relevance and resilience.