Former PNB CEO Hamad Kama Piah appointed as UMW group chairman

KUALA LUMPUR: UMW Holdings Bhd has appointed former Permodalan Nasional Bhd president and group chief executive officer Tan Sri Hamad Kama Piah Che Othman (pic) as group chairman effective Jan 1, 2017.

In a statement, UMW said he would replace Tan Sri Asmat Kamaludin whose tenure expires on Dec 31.

Hamad Kama Piah, who joined PNB in 1979, was president and group CEO of the fund management firm until his retirement on Sept 30.

His career spans over 30 years in the fields of investment and unit trust management. 

He had served as a director of Amanah Saham Nasional Bhd, Pelaburan Hartanah Nasional Bhd, Amanah Mutual Bhd, Chemical Company of Malaysia Bhd, Sime Darby Bhd and several private companies.

He is currently chairman of PNB Development Sdn Bhd, E-Lock Corp Sdn Bhd and Universiti Malaysia Kelantan, a director of Professional Golf Association of Malaysia and a trustee of Yayasan Karyawan.

“The board of directors and I are looking forward to welcoming Tan Sri Hamad Kama Piah and working closely with him,” said UMW Holdings president and group CEO Badrul Feisal Abdul Rahim.

“With his esteemed leadership, we are confident of propelling UMW to new frontiers and greater heights.”

Asmat has been UMW Holdings group chairman since Feb 20, 2001. He had a distinguished career with the International Trade and Industry Ministry spanning over 35 years, culminating with his retirement as secretary-general in 2001.

“On behalf of the board of directors of UMW Holdings Bhd, I would like to record our utmost gratitude to Tan Sri Asmat for his invaluable contributions to the UMW group. Under his esteemed leadership, the UMW group has grown to be a leader in its core businesses and today has operations in 13 countries,” said Badrul Feisal.