KUALA LUMPUR: T7 Global Bhd
today announced key changes to its leadership team, with group chief executive officer (CEO) Tan Kay Zhuin moving to a board role as executive director and Azman Yakim taking over as group CEO.
The energy solutions provider company said Tan joined T7 Global in 2016 as head of offshore construction and maintenance and was subsequently appointed group chief operating officer in 2018 and group CEO in 2022.
"During his tenure, Tan has contributed significantly to the group’s operational and strategic development,” it said in a statement.
He also led the group’s diversification into the industrial solutions segment which includes activities in aerospace, security infrastructure and airport logistics.
"These initiatives strengthened the group’s operational resilience and recurring income base, supporting a revenue compound annual growth rate (CAGR) of 33.6 per cent from 2022 to 2024 and a profit after tax CAGR of 49.6 per cent over the same period,” the company said.
Meanwhile, Azman brings more than 25 years of industry experience and has previously served in senior roles within Siemens, General Electric, Dresser-Rand and Emerson.
He joined T7 Global in 2019 as CEO of Tanjung Offshore Services Sdn Bhd and currently oversees the group’s energy division covering operations across the upstream oil and gas value chain.
T7 Global said Azman’s experience in operational management, process optimisation and business transformation is expected to support the group’s continued focus on strengthening operational performance and enhancing value creation.
Executive chairman Tan Sri Nik Norzrul Thani said this leadership change reflects the board’s commitment to ensuring effective stewardship and continuity as the group progresses into its next phase of development.
"The board acknowledges Tan’s contributions in shaping the group’s strategic direction and
strengthening its core businesses.
"Azman’s industry experience and familiarity with the group’s operations will support a smooth transition and continued operational stability,” he added. - Bernama
