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IAG Appoints Enrique Dupuy de Lome as New CFO

  //business-finance.news-articles.net/content/202 .. g-appoints-enrique-dupuy-de-lome-as-new-cfo.html
  Published in Business and Finance on Friday, January 9th 2026 at 7:28 GMT by Flightglobal

London, UK - January 9th, 2026 - International Airlines Group (IAG), parent company of British Airways, Iberia, Aer Lingus, and Vueling, today officially confirmed Enrique Dupuy de Lome as its new Chief Financial Officer (CFO), succeeding Howard Cadbury. The transition took effect on January 1st, 2026, marking the end of Cadbury's thirteen-year tenure at the helm of IAG's financial strategy.

This leadership change arrives at a pivotal moment for the aviation industry. While recovery from the unprecedented disruptions caused by the Covid-19 pandemic continues, airlines now face a complex landscape shaped by fluctuating fuel prices, evolving travel patterns, increasing sustainability concerns, and ongoing geopolitical instability. The appointment of an internal candidate like Dupuy de Lome suggests IAG prioritizes continuity and a deep understanding of the group's unique operational and financial intricacies.

Dupuy de Lome is not new to the IAG financial structure, having served as Group Treasurer since 2019. His experience within the organization extends back to 2008, where he progressively held key financial roles, including Head of Corporate Finance and Head of Investor Relations. This internal progression demonstrates IAG's commitment to fostering talent from within and providing a clear career path for its senior executives. It also streamlines the onboarding process, minimizing potential disruption during a period requiring astute financial management.

Howard Cadbury's departure marks the end of an era. Appointed CFO in 2013, Cadbury navigated IAG through numerous significant challenges, most notably the global Covid-19 pandemic which brought the travel industry to a virtual standstill. His leadership during this crisis was widely praised for stabilizing the group's finances, securing vital funding, and implementing cost-cutting measures that ultimately allowed IAG to weather the storm. Beyond the pandemic, Cadbury oversaw a period of significant expansion for IAG, including acquisitions and strategic partnerships that broadened the group's global reach.

Luis Gallego, IAG's Chief Executive, lauded Cadbury's contributions, stating: "Howard has made a huge contribution to IAG over the past 13 years. He steered the group through some of the most challenging times in its history, including the Covid-19 pandemic."

The CFO transition is the latest in a series of leadership changes at IAG. Earlier in 2025, Simon Evans, IAG's General Counsel, departed after 18 years of service, suggesting a broader period of generational shift within the senior management team. While the reasons behind Evans' departure were not directly linked to Cadbury's, the combined exits indicate a potential restructuring of key roles within the organization.

Looking ahead, Dupuy de Lome faces considerable challenges. The aviation sector is under intense pressure to reduce its carbon footprint, requiring substantial investment in sustainable aviation fuels and more fuel-efficient aircraft. Furthermore, economic uncertainties and potential recessions in key markets could impact travel demand. IAG will also need to navigate the complexities of post-Brexit regulations and maintain its competitive position in a rapidly evolving global marketplace.

The smooth transition Gallego anticipates will be crucial. Dupuy de Lome's existing knowledge of IAG's financial operations and established relationships with stakeholders should facilitate a seamless handover. However, he will undoubtedly need to demonstrate his own vision for the future of IAG's financial strategy and adapt to the ever-changing demands of the aviation industry. Investors will be closely watching how Dupuy de Lome balances the need for profitability with the growing imperative for sustainability and responsible business practices.