SR Technics, a leading maintenance, repair and overhaul (MRO) service provider with major presence in the UAE, has revealed the nomination of Frank Walschot as chief executive officer as of April 1.

Walschot will be replacing Jeremy Remacha, who is leaving the company at the end of the scheduled transition period to the new shareholders, said a statement from the company, which has Abu Dhabi-based Mubadala as a minority shareholder.

With more than 30 years’ aviation industry experience in leading operational, commercial and financial functions around the world, Walschot is a recognised and respected senior executive, well trusted with SR Technics’ business and challenges for many years, it said.

Walschot joined SR Technics in 2008 as vice president engine maintenance and was appointed shortly thereafter head of engine services where he played a key role in developing the engine business further.

In January 2015, he was promoted to chief operating officer, focusing on the performance and efficiency of SR Technics’ global operations, ensuring the highest safety and quality standards at all our locations based on the principles of lean and continuous improvement.

Walschot now returns to SR Technics after a one-year assignment in Haikou, China, as chief investment officer of HNA Technic where he successfully supported the development of HNA Group’s MRO strategy and business.

Walschot said: “I am delighted for this opportunity to lead the company in the next exciting phase of its journey, together with our employees, customers, and all other stakeholders.”

Ning Wan, chairman of SR Technics, said: "Walschot’s valuable experience as well as his leadership skills made him the ideal candidate for this position.”

“Throughout his career, he has shown outstanding results, implementing new processes with tangible value for our customers. I look forward to working with Frank as we write the next chapter of our company’s future,” he added. – TradeArabia News Service