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Proton Gets New CEO

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SHAH ALAM: Proton Holdings Bhd will have a new chief executive officer (CEO) and executive director, Datuk Ahmad Fuaad Mohd Kenali (pic), effective April 1.

Ahmad Fuaad, who is currently chief operating officer (COO) (finance and corporate) of DRB-Hicom Holdings Bhd, has been seconded to helm the national car-maker.

He has been on the board of Proton as a non-executive director since 2013. Prior to joining DRB-Hicom, he was the chief financial officer of Astro Malaysia Holdings Bhd.

This secondment was one of several internal reorganisations of several key management positions within companies under DRH-Hicom that were announced yesterday.

Meanwhile, Proton’s current CEO Datuk Abdul Harith Abdullah shall lead DRB-Hicom as COO of the group in the areas of automotive distribution and defence effective April 1.

Abdul Harith has led several companies under the group, namely, DRB-Hicom Defence Technologies Sdn Bhd, Motosikal Dan Enjin Nasional Sdn Bhd and Automotive Corp Malaysia Sdn Bhd.

DRB-Hicom has also seconded its COO of automotive distribution manufacturing Datuk Md Radzaif Mohamed to be Proton’s deputy CEO effective April 1. Radzaif has been on the board of Proton as non-executive director since 2013.

Radzaif began his career with DRB-Hicom in 2004 as COO of HICOM-Teck See Manufacturing Malaysia Sdn Bhd. DRB-Hicom also announced the transfer of Shamsuddin Mohd Yusof – who is the COO of Hicom Automotive Manufacturers (Malaysia) Sdn Bhd (HAMM) – to Composites Technology Research Malaysia Sdn Bhd as the group COO effective March 14.

HAMM general manager of operations Ismail Pandak, meanwhile, has been appointed as the acting COO of HAMM effective March 14.

DRB-Hicom group managing director Datuk Seri Syed Faisal Albar said the movement of internal talents is consistent with the group’s policy to constantly develop capabilities to allow the DRB-Hicom group of companies to always maintain fresh perspectives to steer the group under the current challenging and competitive business environment.

DRB-Hicom is a conglomerate with core businesses in the automotive, services and property, asset and construction sectors.

It has more than 90 active companies in its stable and over 60,000 employees group-wide.

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