CEO Morning Brief

Gamuda Names Former AG Ambrin Buang as New Chairman

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Publish date: Wed, 01 Feb 2023, 08:57 AM
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TheEdge CEO Morning Brief
Tan Sri Ambrin Buang

KUALA LUMPUR (Jan 31): Gamuda Bhd has redesignated former auditor general Tan Sri Ambrin Buang as the group’s new chairman, succeeding Datuk Mohammed Che Hussein, who retired in December 2022.

Ambrin, 74, joined Gamuda’s board in September 2018 as the construction giant’s independent non-executive director.

Ambrin was appointed the country’s auditor general in February 2006, and completed his tenure in February 2017.

“For the past 15 years, Tan Sri has been a frequent speaker presenting his views and perspective on public sector auditing, good governance and integrity at many seminars and conferences organised domestically and internationally,” said Gamuda in a stock exchange filing on Tuesday (Jan 31).

Upon his appointment as Gamuda’s chairman, effective Wednesday (Feb 1), Ambrin will relinquish his audit committee chairmanship and his membership in the group’s nomination committee.

Shares of Gamuda closed nine sen or 2.35% higher at RM3.92, giving it a market capitalisation of RM10.27 billion.

Source: TheEdge - 1 Feb 2023

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