"We are neutral on Axiata’s major management reorganisation with the appointments of two Corporate EVP/Regional chief executive officers (CEO), three CEOs and several senior appointments," it said in a note on Friday.
AmInvestment said that the most significant will be current Celcom CEO Datuk Seri Shazalli Ramly’s move to a larger regional role to be responsible for all Southeast Asia operations, and he will continue to be a member of the Celcom Board.
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