This article first appeared in The Edge Financial Daily, on November 4, 2015.

KUALA LUMPUR: Icon Offshore Bhd deputy chief executive officer (CEO) Captain Hassan Ali has been appointed to chief operating officer effective Nov 19, replacing Rahman Yusof.

This is the company’s second boardroom change in one week, following the appointment of Amir Hamzah Azizan as the new managing director on Monday.

According to the filing with Bursa Malaysia yesterday, Hassan will replace Rahman, who is not renewing his contract to pursue his own business.

Hassan has over 38 years of experience in the marine transportation industry. He began his career as a deck officer with Malaysia International Shipping Corp Bhd (now MISC Bhd) in 1975 and left in 1985 as chief officer. In 1990, he joined Petronas Carigali Sdn Bhd as cargo supervisor.

He was also the executive director of Gugusan Maritime Sdn Bhd from 1999 to 2004, where his responsibilities included overseeing the dry bulk and edible cargo chartering operations.

He joined Tanjung Offshore Services Sdn Bhd as a marine superintendent in 2004 and was subsequently appointed as an executive director and CEO of Tanjung Kapal Services Sdn Bhd (TKS) (now known as Icon Ship Management Sdn Bhd) in 2005 and 2006 respectively. Following completion of strategic consolidation in 2012 between Omni Petromaritime Sdn Bhd and TKS, he assumed his current post at Icon Offshore.

In May this year, Icon Offshore CEO Dr Jamal Yusof and Rahman were remanded by the Malaysian Anti-Corruption Commission to facilitate and assist in investigations. It remains unknown what the subject matter of the investigations was.