KUALA LUMPUR (May 5): UEM Sunrise Bhd has appointed Datuk Roslan Ibrahim as the company’s new chief operating officer for development (COOD), which follows the resignation of Lum Tuck Ming who has held the position for many years.

Roslan’s appointment will be effective on Sept 1, while Lum’s effective resignation Aug 31 — one year ahead of his employment contract which was scheduled to end in August next year.

“As COOD, Roslan’s main task will be to make certain [that] the overall achievement of our projects' deliverables are met and in ensuring smooth operation of the organisation, which include project planning and management, construction management and stakeholder management,” said UEM Sunrise’s managing director and chief executive director Anwar Syahrin Abdul Ajib.

He added that Roslan’s tasks applies to UEM Sunrise’s (fundamental: 1.50; valuation: 2) projects in Malaysia and abroad.

“Roslan’s over 30 years of industry experience which includes a proven track record in managing complex infrastructure projects, and who is known for his leadership skill and good stakeholders management abilities, would prove beneficial in further strengthening our operational capabilities and in meeting our goals and objectives,” said Anwar in a statement.

Roslan joined UEM Group in 2006 and during his tenure, he headed the project team to design and build the Penang Second Bridge project and was then assigned as the head of group business development.

He is also currently the president director of PT Lintas Marga Sedaya, a 55% subsidiary of UEM Group Bhd that is undertaking the 166km construction of the RM4.4 billion Cikampek-Palimanan highway project in Indonesia, which is on track for completion of construction in June 2015.

The statement said Roslan had previously secured maiden projects in Sudan and Dubai during his tenure with MMC Engineering Group Bhd, and IJM Corp Bhd (fundamental: 1.10; valuation: 1.40) respectively.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)