Thursday 28 Mar 2024
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KUALA LUMPUR (Oct 4): Automotive parts maker MBM Resources Bhd has appointed Dr Muhammad Iqbal Shaharom as its new president cum CEO with immediate effect.

Muhammad Iqbal, 60, has been the acting CEO and president since July 2.

He was appointed as MBM vice-president on Jan 16 and has previously served at various capacities of top management positions in DRB-Hicom Bhd, Chery Automobile and Naza Group, the group said in a filling today.

Presently, he is also the managing director of Daihatsu (Malaysia) Sdn Bhd — a 51.5%-owned subsidiary of MBM Resources. 

Muhammad Iqbal holds a PhD and Masters in Business Administration.

MBM shares rose four sen or 1.96% to close at RM2.08 today, for a market capitalisation of RM797.41 million.

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