CEO of Capital A
Co-founder of Air Asia
Tan Sri Anthony Francis Fernandes, a Malaysian, aged 60, is Capital A’s Non-Independent
Executive Director and Chief Executive Officer. He has been appointed to the Board on 30 March
2018. He is responsible for the overall strategic planning and business direction of Capital A
Group.
One of Asia’s most recognisable entrepreneurs, Tony Fernandes is best known for co-founding
AirAsia with Datuk Kamarudin Meranun and democratising air travel in the region. Fernandes
and Datuk Kamarudin famously bought the ailing airline for a token MYR1 (approximately
USD0.25) and MYR40 million in debt, turning it around within two years and growing it from a
Malaysian domestic carrier into Asia’s fourth largest airline. Over the past 23 years, he has
played an pivotal role in growing the airline from 2 planes with 200 staff to now a fleet of 250
aircraft, carrying 90 million passengers a year, and 900 million passengers since inception.
Since 2018, Fernandes has been spearheading a digital transformation of his businesses,
launching AirAsia MOVE in October 2020 (then airasia Superapp), an online travel platform
which offers flights, hotels, and e-hailing services among others. He was instrumental in
transforming Capital A Group into a conglomerate offering services beyond aviation, namely
aviation MRO services under ADE, a travel-related services platform under AirAsia MOVE Group,
logistics services under Teleport Group, fintech services under BigPay Group, as well as in-flight
catering services and food products and services under Santan.
He studied in the United Kingdom and qualified as an Associate Member of the Association of
Chartered Certified Accountants since 1991, and as a Fellow Member of the Association of
Chartered Certified Accountants since 1996. He is also a Member of the Institute of Chartered
Accountants in England and Wales.
An accountant by training, he started out his career in the United Kingdom as Auditor in
Brewers Chartered Accountants in September 1987 and subsequently joined Virgin Music Group
Limited as Financial Controller in December 1987. In 1990, he was appointed as Chief Executive
Officer in Warner Music Group.
He has received numerous honours and awards over the course of his career. These include the
Honour of the Commander of the Order of the British Empire, conferred by Her Majesty Queen
Elizabeth II in 2011, and the Commander of the Legion d'Honneur, awarded by the French
Government in 2013 for outstanding contributions to the economy of France through the
aviation industry. He also received the Panglima Setia Mahkota (PSM) award conferred by Yang
Di Pertuan Agong Tuanku Mizan Zainal Abidin, which carries the title Tan Sri.