KUALA LUMPUR: Tan Sri Shahril Ridza Ridzuan will succeed Tan Sri Ghazzali Sheikh Abdul Khalid as chairman of Axiata Group Bhd
following the latter’s deliberate retirement on the finish of the 12 months.
In an announcement, Axiata mentioned the transition will happen on Jan 1, 2022, when Shahril will start his tenure as the brand new chairman of the telecommunications group.
Shahril was appointed to the Axiata Board as an impartial non-executive director on Nov 29, 2021.
Presently, he’s a non-executive director of Malaysia Airlines Bhd and Malaysia Aviation Group Bhd, the place he chairs the board nomination and remuneration committee.
From Aug 20, 2018, to Aug 19, 2021, he was the managing director of Khazanah Nasional.
He was additionally beforehand CEO on the Employees Provident Fund and group managing director at Malaysian Resources Corp Bhd.
“The telecommunications trade is well-poised to serve the digital wants of countries and communities looking for restoration and development within the put up pandemic atmosphere. It is an opportune time to place Axiata for elevated worth creation throughout the area.
“I welcome this chance to contribute and look ahead to working with the Board and administration in direction of persevering with the nice work by Tan Sri Ghazzali in future-proofing Axiata in sustainable and inclusive methods,” mentioned Shahril.
Meanwhile, Axiata president and group CEO Datuk Izzaddin Idris thanked Ghazzali for his 13 years of service with Axiata.
“As chairman, he upheld the rigour of our fiduciary duties with the best accountability and gold requirements in governance and transparency. He additionally guided us all the time in direction of bringing out the very best from the enterprise responsibly.
“Together with the remainder of the Board, throughout his time as Chairman, Tan Sri Ghazzali was additionally instrumental in engineering a meticulous succession plan for the mission essential change in senior management at Axiata. I took nice consolation within the stewardship and steerage prolonged throughout his management,” he mentioned.
