Axiata announces Khazanah deputy MD as new board member

January 12, 2018 | By | Reply More

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KUALA LUMPUR: Axiata Group Bhd has announced the appointment of Khazanah Nasional Bhd deputy managing director Tengku Datuk Seri Azmil Zahruddin Raja Abdul Aziz as the newest addition to its board of directors.

Azmil, 47, replaced Kenneth Shen, who has served on the board of Axiata as Khazanah nominee since 2011.

With the appointment, Tengku Azmil will represent the strategic investment fund as non-independent non-executive director of Axiata effective January 12.

Joining Khazanah in 2011 as executive director of investments, Tengku Azmil managed Khazanah’s investments in a number of areas, including Innovation and Technology as well as oversight for its offices in San Francisco and Khazanah Koridor Utara in Penang.

Prior to joining Khazanah, he was the managing director/chief executive officer of Malaysia Airlines, having had served as the airline’s executive director/chief financial officer in August 2005.

Formerly the chief financial officer and then managing director/chief executive officer of Penerbangan Malaysia Bhd, Tengku Azmil was also with PricewaterhouseCoopers in their London and Hong Kong offices where he worked in the audit and business advisory services division, specialising in financial services.

“His deep experience across various industries, in particular in technology and innovation, will bring new and relevant perspectives to the board,” Axiata chairman Tan Sri Azman Mokhtar said in a statement today.

“At the same time, the board would like to thank Kenneth for his many invaluable contributions to the Axiata board over the last six years and we are also very pleased that Kenneth will remain in the Axiata Group as a board member of edotco Group Sdn Bhd and PT XL Axiata Tbk,” Azman added.

“As we undergo a period of transformation in the telecoms industry, we welcome Tengku Azmil who brings with him a breadth of knowledge from competitive industries that has seen similar revolutionary changes,” Axiata president and group chief executive officer Tan Sri Jamaludin Ibrahim said.

“On behalf of the management of Axiata, I would like to express our gratitude to Kenneth who has been a dedicated long serving member of the board and has been instrumental to the success of the group.

“I have personally enjoyed working with him and I am pleased that he has agreed to remain on the Board of some of our operating companies,” Jamaludin added.

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