Ahmad Fuaad to be Proton's new CEO


Proton to develop six versions of engines from 1.0 litres to 1.5 litres

SHAH ALAM: Proton Holdings Bhd will have a new chief executive officer and executive director, Datuk Ahmad Fuaad Mohd Kenali effective April 1. 

Ahmad Fuaad, who is currently chief operating officer (finance and corporate) of DRB-Hicom Holdings Bhd,  is seconded to helm the national car-maker company.  

He has been on the board of Proton as non-executive director since 2013.  Prior to joining the DRB-Hicom, he was the chief financial officer of Astro Malaysia Holdings Bhd.

This secondment was one of several internal reorganisation of several key management positions within companies under DRH-Hicom that were announced yesterday. 

Meanwhile, Proton current chief executive officer Datuk Abdul Harith Abdullah, shall lead  DRB-Hicom as chief operating officer of the group in the areas of automotive distribution and defence effective Apr 1. 

Harith has led several companies under the group, namely DRB-Hicom Defence Technologies Sdn Bhd , Motosikal Dan Enjin Nasional Sdn Bhd and Automotive Corporation Malaysia Sdn Bhd.

DRB-Hicom also seconded  its chief operating officer –  automotive distribution manufacturing Datuk Md Radzaif Mohamed to be Proton’s deputy chief executive officer effective Apr 1. Radzaif has been on the board of Proton as non-executive director since 2013.  

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
CIMB Securities eyes larger market share
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?

Others Also Read