PETALING JAYA: PN17 company Zelan Bhd
has appointed Faizal Yusof, 46, as its chief executive officer (CEO).
In a filing with Bursa Malaysia, the construction engineering firm said Faizal brings with him more than 23 years of experience in the engineering, construction, and infrastructure sectors.
“The board is confident that Faizal’s proven leadership capabilities, strategic acumen and deep industry knowledge will contribute positively to the company’s turnaround initiatives and its ongoing PN17 regularisation efforts.”
Zelan’s previous CEO, Mohd Ariff Abd Samat (42), resigned in November last year after just three months to pursue other career opportunities. The company appointed Shareena Shahril as its acting CEO to replace Mohd Ariff.
Zelan fell into PN17 categorisation in May 2023 after its external auditor Nexia SSY PLT expressed a disclaimer of opinion on its audited financial statements for the financial year ended Dec 31, 2022.
