KLCCP Stapled Group appoints Md Shah Mahmood as new CEO

KLCCP Stapled Group appoints Md Shah Mahmood as new CEO
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KUALA LUMPUR (April 30): KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd, has appointed Md Shah Mahmood as its new chief executive officer effective May 1, 2021.

In a statement today, it said Md Shah would replace Datuk Hashim Wahir, who is retiring today after almost 14 years serving the group.

“Md Shah previously served as head of strategy and business development, gas and new energy (GNE) business in Petroliam Nasional Bhd (Petronas).  

“Prior to that, he was head of commercial and business development of Petronas LNG Sdn Bhd,” the group said.

According to the statement, Md Shah has over 27 years of experience in the national oil company and has held numerous management positions, including corporate planning and development divisions where he led various merger and acquisition transactions and evaluations of Petronas’ new investment and green field projects.

“With his vast exposure in techno-commercial areas, he has successfully led the completion of major projects such as liquefied natural gas (LNG) regasification facilities (RGT-2 Terminal) project in Pengerang, Johor, and three solar projects, namely Suria KLCC, Petronas Dagangan Bhd’s Solaris station and solar independent power producer projects in Gebeng, Pahang.

“He has also orchestrated the development of GNE strategy blueprint and formulation for an integrated new business solution,” it said.

The group said Md Shah was previously on the board of Petronas Gas and Trading Sdn Bhd and Amplus Energy Solutions (Singapore) Pte Ltd.

He also served as Petronas corporate investment committee member and Petronas sustainability development and health safety and security executive council.