Wednesday 24 Apr 2024
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KUALA LUMPUR (March 8): Banking solutions provider Microlink Solutions Bhd has appointed Chia Yong Wei as its new chief executive officer (CEO) with effect from April 1, replacing Peter Yong Kar Seng who will retire from the position on March 31 after serving as CEO for the past 11 years.

In separate filings to the exchange today, Microlink said Chia, 39, currently holds several positions in the OMESTI Group, which is the holding company of Microlink with a 62.74% stake.

"He is group chief technology officer of OMESTI Group and chief operating officer of OMESTI Innovation Lab, the technology and applications development arm of the Microlink Group," said the group.

It added that Chia also serves as CEO and country manager of CA-IT Infrastructure Solutions Sdn Bhd, which is also part of Microlink and the partner of CA Technologies in Malaysia.

Microlink also announced the redesignation of its non-executive director Monteiro Gerard Clair, 44, to the role of executive director, and the appointment of Mah Xian-Zhen, 34, as non-independent and non-executive director. Mah is the daughter of Datuk Mah Siew Kwok, a major shareholder of Microlink.

Microlink shares ended the trading day down eight sen or 4.5% at RM1.70 with a market capitalisation of RM246.49 million.

 

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