CEO Morning Brief

MBM Resources Names Aqil Ahmad Azizuddin as New Chairman

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Publish date: Wed, 01 Feb 2023, 08:53 AM
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TheEdge CEO Morning Brief
MBM Resources names Aqil Ahmad Azizuddin as new chairman

KUALA LUMPUR (Jan 31): MBM Resources Bhd has appointed Aqil Ahmad Azizuddin as its new chairman with immediate effect, succeeding Datuk Dr Aminar Rashid Salleh.

Aqil, 64, is no stranger to the group, as he had previously sat on the board from 2001 till 2017, and is currently chairman of Med-Bumikar MARA Sdn Bhd and Daihatsu (Malaysia) Sdn Bhd.

Aqil is also a board member in Perusahaan Otomobil Kedua Sdn Bhd and Perodua Sales Sdn Bhd, said MBM Resources in a bourse filing.

In a separate filing, MBM Resources announced the appointment of Nik Fazila Nik Mohamed Shihabuddin as an independent non-executive director.

Nik Fazila currently sits on the boards of FGV Holdings Bhd and MSM Holdings Bhd.

Prior to that, she was the group managing director and group chief financial officer (CFO) of Chemical Company of Malaysia Bhd.

Nik Fazila has also served as CFO in Biotropics Malaysia Bhd, a Khazanah Nasional Bhd investee company, and UDA Holdings Bhd.

Shares of MBM Resources closed three sen or 0.8% lower at RM3.49, giving the group a market capitalisation of RM1.36 billion.

Source: TheEdge - 1 Feb 2023

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