Shah Hakim resigns as Scomi Group CEO

Shah Hakim @ Shahzanmin Zain has resigned as the chief executive officer (CEO) of oil and gas services company Scomi Group Bhd.

KUALA LUMPUR: Shah Hakim @ Shahzanmin Zain has resigned as the chief executive officer (CEO) of oil and gas services company Scomi Group Bhd.

The company anounced on Thursday, Shah Hakim, 53, had resigned to focus on other business commitments.

He has a direct stake comprising 1.865 million shares or 0.17% and indirect stake of 88.72 million shares or 8.11%.

He started his career as an auditor with Ernst & Young and was subsequently promoted as consulting Manager, responsible for servicing large corporations. 

He went on to be appointed as Executive Director of a regional packaging manufacturer in 1992, with direct operational responsibility. 

He currently also sits on the boards of Scomi Energy Services Bhd, Scomi Engineering Bhd and KMCOB Capital Bhd.

In a separate statement, Scomi Group said Sammy Tse Kwok Fai, 55, will take over as the new CEO of the company.

Tse started his career in IFS (HK) Ltd in 1990 before joining the Hong Kong Telecom Group (now known as PCCW Ltd) in 1992 where he held various positions culminating in the position as general manager of fixed mobile integration. 

He then joined Hutchinson E-commerce Ltd, which is part of the Hutchinson Whampoa Group, in 1998 as their CEO. 

In 2004 he took up the position as chief operating officer of entities within the South China Group before leaving in 2007 to take up the position as executive director and CEO of EPI Holdings Ltd, a company listed on the Main Board of the Hong Kong Stock Exchange. 

He resigned from these positions in 2016 but continues to provide consultancy services to this company.