KUALA LUMPUR: Axiata Group Bhd has appointed Nik Rizal Kamil Nik Ibrahim Kamil as chief financial officer (CFO) effective Jan 1, 2024.
He will take over from Lila Azmin Abdullah, who has held the post of acting group CFO since March 24, 2023, in addition to her role as group chief corporate development officer at Axiata.
Nik Rizal, 51, joins Axiata with a wealth of experience and knowledge in business finance, investments and accounting. His last position was as group CFO at RHB Bank, a position he held since February 2021.
Prior to that, he was with Khazanah Nasional, where Nik Rizal held the position of executive director, investments leading investment and divestments projects, value creation activities and overall asset class strategy execution both domestically and internationally in the areas of telecommunications, media and technology. He was also on the boards of Telekom Malaysia and Astro Malaysia Holdings Bhd.
Nik Rizal holds a MSc Finance from London Business School and a BSc (Hons) Economics & Accounting from University of Bristol, United Kingdom.
He is also a Fellow Chartered Accountant (FCA) and Business Finance Professional (BFP) with the Institute of Chartered Accountants in England and Wales (ICAEW) and a member of Malaysian Institute of Accountants (MIA).