Finnair has named Hong Kong Cargotec executive Pekka Vauramo as its new CEO. Former CEO Mika Vehvilainen left Finnair to become CEO of Cargotec.

Finnair said Vauramo’s experience in Asia would help the airline’s efforts to expand routes to the region. The Asian network had become essential for Finnair’s development in the past years.

Finnair in 2012 reported its first full-year profit since 2007.