Kuala Lumpur, 4 June 2011 – Team Lotus Team Principal, AirAsia Group CEO, Tune Group Founder and Malaysia’s iconic entrepreneur Tony Fernandes was conferred the Panglima Setia Mahkota (PSM) which carries the title Tan Sri by Yang Di Pertuan Agong Tuanku Mizan Zainal Abidin in conjunction with His Majesty’s official birthday today in Malaysia.
The Panglima Setia Mahkota is one of Malaysia’s highest honours and is only conferred by the Yang Di Pertuan Agong. The award is only given to distinguished citizens who have given meritorious service to Malaysia. There are only 250 recipients of the title at any given time.
This is the second accolade Tony has received in the last week, having been named one of the Most Creative People in Business for 2011 by New York based business magazine Fast Company in its June 2011 edition. Tony is the only Malaysian and ASEAN on the list.
The Panglima Setia Mahkota, follows a string of awards and accolades Tony has received both locally and internationally, which includes the Commander of the Order of the British Empire (CBE), conferred by Her Majesty Queen Elizabeth II and the title of Officier of the Legion d’honneur, the highest award by the French Government to a non-French national for his outstanding contributions to the aviation industry.
In April 2011, Tony also received the Darjah Seri Paduka Mahkota Perak (S.P.M.P) which carries the title Dato’ Seri by the Sultan of Perak, Sultan Azlan Shah in conjunction with the ruler’s 83rd birthday celebrations.
Tony was also named “Asia Businessman of the Year 2010″ by the international magazine Forbes, and has gathered a slew of other top awards from private bodies and media organisations for his innovative approach to business.
Tony’s personal credo is “Dream the Impossible, Believe the Unbelievable and Never Take No for an Answer” and he believes deeply in providing opportunities throughout his businesses for talent to flourish, for meritocracy to reign and for helping people realise their dreams. “I realised mine, and I am determined to help others realise theirs too,” sums up Tony’s approach to his work and personal life.
His business philosophy is simple: Serve the Underserved – a philosophy encapsulated in AirAsia’s iconic tag line: “Now Everyone Can Fly.” Having democratised air travel by freeing it from the clutches of the elite, Fernandes is determined to break down the affordability barrier in other aspects of daily life – hence Tune Hotels, Tune Money and Tune Talk, the radical Team Lotus approach to F1 – and the Epsom College campus in Malaysia.
Tony said he is humbled to receive the award and dedicated it to all the years of hard work and commitment of the teams at Team Lotus, Team AirAsia, Caterham Cars, AirAsia and Tune Group.