KPower redesignates Mustakim as executive chairman

KPower group managing director Mustakim Mat Nun

KUALA LUMPUR: KPower Bhd has redesignated Mustakim Mat Nun from deputy chairman to executive chairman with immediate effect.

In his role as executive chairman, Mustakim will be responsible for leading KPower’s board of directors and overseeing the group’s business.

He is also currently the group’s managing director.

“Having led the management and the group during the rapid growth period of the past two years, the appointment of Mustakim is hoped to further solidify and consolidate the group in its effort to strengthen the Group’s presence in the regional renewable energy industry,” KPower said in a statement.

In addition, the group has alss appointed Ahmad Riza Mohd Saian, a Fellow Chartered Accountant of Chartered Accountants Australia & New Zealand (AANZ) as an independent non-executive director.

Ahmad Riza, who was the group CEO of MyCreative Group, the Government’s investment arm for the creative industry, is an experienced finance professional with more than 22 years of working experience in several industries.

He specialises in the areas of investments and valuations, value creations, mergers and acquisitions, stakeholders’ management, financing, branding, operations and business.

Ahmad also served as an auditor for 10 years with stints in PricewaterhouseCoopers, Kuala Lumpur and PricewaterhouseCoopers LLP, Embankment Place, London.