KUALA LUMPUR (March 22): Tan Sri Mokhzani Mahathir has been appointed the new chairman of Maxis Bhd effective April 22, the telco group said today.
The appointment comes as its current chairman Raja Tan Sri Arshad Raja Tun Uda decides to step down after 11 years of chairing the company since its listing in 2009.
"It has been a privilege and honour to serve as chairman of Maxis for 11 years, to work alongside my fellow board members in guiding the company in its incredible transformation from a leading mobile player to the leading converged solutions provider in the country," said Arshad in a statement.
"I believe that it is time for me to pass on the role of chairman to a younger member of the board, and I congratulate Tan Sri Mokhzani for his appointment.
"He is a highly experienced corporate leader and entrepreneur who is well versed with the telecommunications industry, having been on the board for some years and on several board committees.
"I am confident with the continued support and commitment from everyone at Maxis, the company will grow from strength to strength under his leadership," Arshad added.