PETALING JAYA: Loss-making conglomerate Boustead Holdings Bhd has appointed Federal Territories Wanita Umno chief and a former high-ranking civil servant as its two new non-executive directors.
The group, which is 59%-owned by the Armed Forces Fund Board (LTAT), said that Tan Sri Abu Bakar Abdullah and Datuk Zurainah Musa have been appointed to the board of directors effective Aug 21.
The 65-year-old Abu Bakar has over 30 years of experience in the administration and management of the public sector.
Previously, he has served as the secretary general of the Defence Ministry and has also held various key positions in other ministries including deputy secretary general in the Federal Territories Ministry and the secretary of Federal Territories Development and Klang Valley Planning in the Prime Minister’s Department.
It is noteworthy that Abu Bakar has served as the principal assistant secretary of the Armed Forces Council, among other posts.
Meanwhile, Zurainah has held various senior management positions in organisations based in Malaysia and abroad, with strong experience in the field of human resources management and development.
“The Boustead group will certainly benefit from their experience and expertise, as we continue our transformation journey to put the group back in black, ” according to Boustead in a statement.
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