KUALA LUMPUR, 8 October 2020 – UMW Holdings Berhad (“UMW”) announced the appointment of Dato’ Ahmad Fuaad Kenali as its new President & Group CEO (“PGCEO”) effective 1 November 2020.  He takes over the role from the late Badrul Feisal Abdul Rahim who passed away on 31 May 2020.

Dato’ Fuaad began his career with Arthur Andersen & Co in 1994. In 2001, he left practice to take up the position of Executive Director of Finance at Petaling Garden Berhad. In 2008, he re-joined practice as a Partner/Executive Director at Ernst & Young, Kuala Lumpur and was with the firm until 2010 when he joined Astro Malaysia Holdings Berhad as Chief Financial Officer from August 2010 to July 2013.

In August 2013, he joined DRB-HICOM Berhad as Chief Financial Officer and subsequently as Chief Operating Officer – Finance & Corporate, a post he held until March 2016. He was subsequently seconded to Proton Holdings Berhad as Chief Executive Officer and Executive Director from 1 April 2016 to 30 September 2017.

On 1 October 2017, Dato’ Fuaad joined Malakoff Corporation Berhad as its Chief Executive Officer.

“We are pleased to welcome Dato’ Fuaad to UMW, a leading Malaysian conglomerate with a history spanning over a century. His wealth of professional and corporate experience would contribute immensely to the Group. The Board of Directors and I are looking forward to working closely with him. We are confident that he will propel UMW to new frontiers and greater heights – whilst continuing to deliver value to our shareholders,” said Tan Sri Dato’ Sri Hamad Kama Piah Che Othman, Group Chairman of UMW.

With the appointment of Dato’ Fuaad as the new PGCEO, Encik Azmin Che Yusoff will cease to be the Acting PGCEO of UMW effective 1 November 2020 and will resume the position of Chief Operating Officer – Corporate.