Adrian Neuhauser is the new President of Avianca.

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Avianca Holdings announced that Adrian Neuhauser has been appointed president and CEO of the company, effective immediately, following the resignation of Anko van der Werff, who is stepping down to assume a new position as CEO of a company in Europe and to be closer to his family.

Neuhauser had been serving as Vice President Finance and most recently took over as Corporate Executive Vice President. The new CEO, who joined the firm in 2019, has more than 20 years of experience in the financial sector with a focus on investment banking, as well as extensive experience working with transportation companies, including airlines, railroads and heavy vehicle companies.

See also: Avianca expects emerge from bankruptcy this year.

To ensure a smooth transition, Van der Werff was appointed to Avianca’s Board of Directors today, a position he will hold effective immediately, and will also serve as an advisor to Avianca until mid-June.

“Adrian has a deep knowledge of Avianca, a proven track record in overseeing the Company’s corporate restructuring. On behalf of the Board and key stakeholders, we are confident in Avianca’s path forward with Adrian,” said Roberto Kriete, Chairman of Avianca’s Board of Directors.

“I am honored to lead this incredible company and am excited to work alongside the rest of the Avianca team as we continue to meet the travel needs of our valued customers. Anko has been a strong leader and partner, I wish him the best. At the same time, I look forward to working closely with the Board and management team,” said the new President.

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