BCorp appoints Vivienne Cheng, Syed Ali as joint group CEOs

Vivienne Cheng Chi Fan (left) and Syed Ali Shahul Hameed (right)

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has appointed Vivienne Cheng Chi Fan and Syed Ali Shahul Hameed as joint group chief executive officers effective April 1.

Syed Ali has also been appointed as an executive director of BCorp.

In a statement, the conglomerate said Cheng joined the group in 1989 (33 years) while Syed Ali joined in 1997 (25 years).

Cheng, who has been an executive director of BCorp since 2005, has vast corporate experience in the area of finance especially project financing, capital funding, debt restructuring, initial public offerings, risk management and group treasury cash management.

Syed Ali was most recently CEO of Berjaya Land Bhd (BLand), a position he will now relinquish.

Concurrently, BLand also announced the appointment of Datuk Abdul Rahim Mohd Zin as CEO effective April 1.

Abdul Rahim is a chartered accountant and a member of the Malaysian Institute of Accountants.

He has 35 years of experience in various fields, particularly in banking, finance, oil and gas, shipping and food & beverage.

He is currently the CEO of Landasan Lumayan Berjaya Sdn. Bhd, and an executive director of Berjaya Group Bhd, a subsidiary of BCorp.

In addition, BLand also announced changes to its board of directors effective April 1 with Syed Ali being redesignated as deputy chairman while Tan Tee Ming has been appointed as executive director.

Consequently, Nerine Tan Sheik Ping will be stepping down from her position as executive director of BLand.

BCorp said these movements follow the resignation of its CEO Abdul Jalil Abdul Rasheed.

Abdul Jalil will relinquish his position as group CEO of BCorp as well as all other positions on the various boards of companies related to BCorp effective March 31.

BCorp founder and chairman, Tan Sri Seri Vincent Tan Chee Yioun thanked Abdul Jalil for his service and wished him well in his new pursuit.

"Both Cheng and Syed Ali are veterans of Berjaya and bring with them a vast experience that will be invaluable to the BCorp Group,” he said.

He was equally confident in the appointments of Abdul Rahim and Tee Ming saying, "We believe that they will be instrumental in stewarding the BLand Group to achieve even greater success going forward".