Axiata Appoints Prominent Corporate Figure as Director to Fill Board Position
Kuala Lumpur, 24 November 2016 – Axiata Group Berhad (Axiata or the Group) today announced the appointment of Dato’ Mohd Izzaddin Idris, Malaysian (aged 54), as the Group’s newest Non-Independent and Non-Executive Director to its Board effective today. Izzaddin, who is currently the Group Managing Director/Chief Executive Officer of UEM Group Berhad (UEM), brings with him expertise and proven track record in corporate leadership as well as in strategic and operational portfolios such as corporate finance, accounting, merger and acquisitions and investment banking.
The appointment is part of Axiata’s ongoing efforts to strengthen its Board whilst at the same time ensure international exposure and experiences, at both Management and Board level.
Izzaddin has over 20 years of experience in the fields of investment banking and finance having served in various senior positions at Malaysian International Merchant Bankers Berhad, Malaysian Resources Corporation Berhad and Southern Bank Berhad. Prior to his current position at UEM, he was the Chief Financial Officer/Senior Vice President (Group Finance) of Tenaga Nasional Berhad.
Currently, Izzaddin sits on the Boards of UEM Group Berhad and several other UEM companies including UEM Sunrise Berhad, UEM Edgenta Berhad, PLUS Malaysia Berhad, PLUS Expressways International Berhad, Project Lebuhraya Usahasama Berhad, Cement Industries of Malaysia Berhad, Opus Group Berhad, UEM Builders Berhad, PT Lintas Marga Sedaya in Indonesia and Uniquest Infra Ventures Private Limited in India.
Commenting on the appointment, Axiata’s Chairman, Tan Sri Azman Hj. Mokhtar said, “The Axiata Board is committed to ensure the composition of its members are continuously being strengthened. As a proven Malaysian corporate figure, Dato’ Izzaddin also brings with him years of exemplary experience in the global financial markets and strong corporate leadership - the latest being at the UEM Group. Post the graduation of the GLC Transformation Programme in 2015, we are more open to the international practice of CEOs sitting on other Boards and in this regard my fellow Board members and I are pleased to welcome him to the fold.”
Tan Sri Jamaludin Ibrahim, President & Group Chief Executive Officer of Axiata added, “Dato’ Izzaddin’s vast experience in mergers and acquisitions, international ventures as well as inspiring leadership will greatly contribute to taking Axiata to our next phase of transformation and growth. His achievements at UEM Group and his previous roles are invaluable to realise Axiata’s vision of becoming a Digital Company. I am pleased to welcome him to the Board and look forward to his collaboration and contribution to the Group.”
In addition to his directorship in commercial entities, Izzaddin is also a member of the Board of Trustees of Yayasan UEM and Director of Yayasan Putra Business School.
Izzaddin is a member of the Malaysian Institute of Accountants and a fellow member of Certified Public Accountants of Australia. He holds a Bachelor of Commerce with First Class Honours in Finance from the University of New South Wales.
About Axiata Group Berhad
As one of the largest Asian telecommunication companies, Axiata today operates in ten countries, servicing almost 300 million subscribers. With a diverse portfolio in mobile network operations, communications infrastructure services and digital services, the Group pieces together the best in connectivity, technology and people in its vision of Advancing Asia.
Axiata has controlling stakes in market leading mobile operators in South East Asia and South Asia. Axiata Group of companies operate under the brand name of ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia and 'Ncell' in Nepal. Further to this, the Group also holds strategic interests in ‘Idea’ in India and ‘M1’ in Singapore.
‘edotco’, the Group’s infrastructure company, operates in six countries to deliver telecommunications infrastructure services, amassing a portfolio of over 16,000 towers and 12,000 km of fibre. It aims to be one of the top regional tower companies and is committed to responsible and sustainable business operations.
Axiata Digital (AD), its digital services arm, captures the rapid growth in internet-based businesses through its portfolio of 24 digital brands, servicing growing demands in mobile money, mobile adverting, e-commerce, entertainment and education.
As a committed and long-term investor, Axiata provides employment to 25,000 people within its operations. In line with its sustainability goals, the Group actively supports and drives young talent development; disaster response and recovery; as well as green initiatives.