Tune Ins approves new CEO appointment

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KUALA LUMPUR (Nov 3): Tune Ins Holdings Bhd has approved the appointment of Junior N. Cho as its new chief executive officer, following the recommendation of its nomination and remuneration committee.

The appointment will be in force pursuant to the approval by the regulatory authority, said Tune Ins in a filing with Bursa Malaysia.

Tune Ins also has accepted the resignation of its outgoing CEO Peter Dixon Miller, who will leave the company on Nov 17, 2014, “to pursue other opportunities” outside the group.

Tune Ins closed flat at RM2.17, with 113,800 shares changing hands.