Syed Faisal appointed Proton chairman


Proton Holdings Bhd chairman Datuk Seri Syed Faisal Albar said they want to turn Proton around as soon as possible.

KUALA LUMPUR: Proton Holdings Bhd has appointed Datuk Seri Syed Faisal Albar Syed Ali Rethza Albar as its Non-Executive Chairman effective Thursday, following the resignation of Tun Dr Mahathir Mohamad on March 31, 2016.

In a statement, Proton said Syed Faisal Albar, who is group managing director of DRB-Hicom Bhd, would also assume the role of Group Lotus plc Chairman. 

"Among other key positions held by Syed Faisal Albar previously included group managing director of Pos Malaysia Bhd, executive director of Konsortium Logistik Bhd, CEO of Malakoff Corporation Bhd and CEO of Gas Malaysia Bhd.

"His experience and proven track record in growing revenue and profitability will be especially advantageous to Proton which is currently undergoing a turnaround in its business," it added. - Bernama


Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: Sunway, IJM, Binastra, Capital A, Elridge, Oxford Innotech, Steel Hawk, Carimin, SMRT, Reneuco, Suria, KIP REIT, Pantech
Wall Street jumps on Greenland framework deal
Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Stiff competition to reshape auto landscape
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract
Oxford Innotech wins RM4.8mil data centre job
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls

Others Also Read