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The board and management restructuring at Telekom Malaysia Bhd entails the entry of two new directors and the resignation of two others.
DON'T hold your breath if you're waiting for the reforms of government-linked companies (GLCs) to quickly yield efficiency and bottom-line gains. The reforms are still in the infancy stage that promises a hectic schedule for the newly appointed chief executive officers (CEOs) and board of directors at Khazanah and the GLCs.
KUB Malaysia Bhd has named Izham Yusoff, the current managing director of Amanah Raya Bhd, as its new managing director and chief executive. Izham, whose appointment is effective July 1, will succeed Che Khalib Mohamad Nor, who is headed for Tenaga Nasional Bhd (TNB).
MUCH has been said of the recently-introduced Key Performance Index (KPI), but little is known of the potential impact of its implementation on the 40-odd Government-linked companies (GLCs) involved. Starting from today, I>StarBiz/Iwill examine some of these GLCs and look at what lies beyond the KPI-led exercise.