MBM appoints Fateh as new president and CEO

KUALA LUMPUR: MBM Resources Bhd has appointed Muhammad Fateh Teh Abdullah, the former head of automotive distribution division at Hicom Holdings Bhd, as its new President and CEO effective Feb 8.

Fateh, 50, brings 23 years of industry experience in sales and marketing, distribution, strategic planning and business development, the company said in a statement today.

"Fateh brings with him an abundance of experience in the automotive industry and we have confidence that he will be able to lift MBMR to greater heights," chairman Datuk Aminar Rashid Salleh said.

"He will also be involved in the implementation of the key initiatives under our Transformation Programme. We look forward to having him on board,” he added.

With the appointment of Fateh, Annie Chin will cease to be the acting president & CEO of the Group and will resume her position as the Group’s Chief Financial Officer.