Boustead names Izaddeen Daud as group CEO


Izaddeen Daud

KUALA LUMPUR: Boustead Holdings Bhd has appointed Izaddeen Daud as group chief executive officer effective Dec 1, 2022, succeeding Datuk Seri Mohamed Shazalli Ramly.

Shazalli, who was appointed on Dec 1, 2020, has completed his tenure after two years of service.

In a statement, Boustead said Izaddeen’s appointment was in line with the Boustead Group’s Senior Leadership Succession Programme.

Prior to his appointment, Izaddeen, 54, was Boustead’s deputy group managing director.

Boustead chairman Datuk Seri Mohd Redzuan Md Yusof said: “The board has agreed to appoint Izaddeen, who has huge experience and an excellent track record in the corporate sector.“

“He has the board’s full support to lead the group in strengthening the existing core businesses and developing new ventures that will further increase the shareholder value and take Boustead to new heights,” he said.

Izaddeen holds a Bachelor of Science (Hons) in Accounting and Law from De Monfort University, Leicester, the UK.

He is a certified financial planner, and a fellow member of the Institute of Public Accountant, Australia.

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