DNeX has appointed Faizal Sham Abu Mansor as its new CEO
KUALA LUMPUR: Dagang Nexchange Bhd
(DNeX) has appointed Faizal Sham Abu Mansor as its group CEO, effective Nov 1, 2024.
In a statement, the group said Faizal will take over the leadership of the management team from executive chairman Tan Sri Syed Zainal Abidin Syed Mohamed Tahir Jamalullail on Dec 31, 2024, following which Syed Zainal Abidin will be redesignated non-executive chairman of the board on Jan 1, 2025.
Faizal served as chief financial officer at Malaysia Airports Holdings Bhd from 2006 to 2015.
He also served as CEO of Astro Productions and Astro Awani, under Astro Malaysia Holdings Bhd, from 2015 to 2018 where he was able to turn the companies profitable.
From 2021 to 2024, he served as executive director and group chief financial officer at Vantage Energy Group, a private entrepreneurial O&G company where he provided strategic leadership in financial management, mergers and acquisitions, and capital restructuring whilst managing the company’s relations with its investors and stakeholders.
He also spent six years in the financial industry most notably with Bank of Tokyo-Mitsubishi and the Corporate Finance and Investment banking division of AmMerchant Bank Bhd (now known as AmInvestment Bank Bhd).
Faizal is currently an independent non-executive director and chairman of Audit Committee at YTL Power International Bhd and Solution Group Bhd.
“We are confident that Faizal’s expertise and proven track record will be able to drive the group’s growth and expansion journey with an added focus on increasing cross-selling within the Group, leverage on the recent partnership with global players such as Google and internal realignment to focus on cost efficiency, improving profitability and ensuring sustainable return to shareholders," said Syed Zainal Abidin.
