This article first appeared in The Edge Financial Daily on February 19, 2020

KUALA LUMPUR: KPJ Healthcare Bhd has appointed Datuk Yusli Mohamed Yusoff (pic) as the non-executive chairman effective immediately, following the resignation of Datuk Kamaruzzaman Abu Kassim, who stepped down on Jan 15.

According to KPJ’s stock exchange filing on the matter yesterday, Yusli has resigned as independent non-executive director of Mulpha International Bhd following his appointment at KPJ Healthcare.

This is in view of the restriction on directorships in listed issuers, which states that an individual cannot hold more than five directorships, as stipulated under Bursa Malaysia’s listing requirements.

Besides KPJ, Yusli also serves as a board member at four other listed companies, namely Westports Holdings Bhd, AirAsia X Bhd, Mudajaya Group Bhd and FGV Holdings Bhd.

He also sits on the board of Australaysia Resources & Minerals Bhd and the Malaysian Institute of Corporate Governance.

An economics graduate of the University of Essex UK, Yusli brings with him 39 years of professional experience in the corporate world, having served as a top executive at various publicly held companies, including as chief executive officer (CEO) of Bursa Malaysia Bhd.