Thursday 28 Mar 2024
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KUALA LUMPUR (Feb 2): Syed Mohd Muzakir Syed Hussin has been appointed as the chief executive officer (CEO) of SMRT Holdings Bhd, with effect from today.

In a filing with Bursa Malaysia today, SMRT said Muzakir, 42, will fill in the shoes of its founder and outgoing CEO Datuk Dr R Palan, 60, who has been redesignated to the role of executive chairman.

Muzakir joined SMRT on March 3, 2014 as the CEO of its corporate office. Prior to that, he was attached with UMW Corporation Sdn Bhd and UEM Group Bhd.

He began his career at RHB Bank Bhd, before pursuing his further education.

Upon returning, he joined Uni Asia Insurance Bhd and later joined Bank Pembangunan Malaysia Bhd until the merger of the bank in 2006, whereby he was transferred to SME Bank Bhd.

According to the group’s filing, Muzakir has more than 15 years of senior management experience in corporate strategies, financial, business development and managing people.

SMRT, which provides education, training, as well as human resources professional services, saw its share price close down 0.5 sen or 2.04% today to 24 sen, arriving at a market capitalisation of RM62 million.

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