Analyst Research

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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Affin Hwang Investment Bank Bhd
Provider: Affin Hwang Investment Bank Bhd

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Maxis Bhd Announces Leadership Change

Tuesday, 28 May 2013 08:00pm EDT 

Maxis Bhd announced that following the announcement made on December 21, 2012 of the appointment of Mr. Johan Dennelind as its new Chief Executive Officer (CEO) with effect from July 1, 2013, Maxis Berhad (Maxis) would like to inform that, owing to recent personal family circumstances which have made it necessary for him to reside closer to family in Sweden, Johan has indicated he is unable to assume the role of CEO. The Board, having carefully considered Johan’s situation, agreed that it is in the best interest of the Company to release him from his contract. Consequent to this, the Board is announced that Nasution Mohammed, Chief Financial Officer has been appointed Joint Chief Operating Officer (COO) with effect from June 1, 2013 and together with the current Joint COO, Suren J. Amarasekera will provide overall leadership to the Company and be responsible for its performance. The Joint Chief Operating Officers will report to the Chairman. Nasution will continue to oversee the Finance function. Mark Dioguardi, whose employment contract expires on 30 June 2013 will relinquish his position as Joint Chief Operating Officer on May 31, 2013. The Board will continue with its search for a CEO. It is intended that this candidate will be capable of further strengthening the Company’s management team and of mentoring and grooming a suitable successor. 

Company Quote

24 Nov 2014