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Axiata Further Strengthens management with the Appointments of Chief Executive Officer (CEO) and Chief Operating Officer (COO) at its Cambodian Operations

2009-05-27

Kuala Lumpur, 27th May 2009 - Axiata Group Berhad (formerly known as TM International Berhad) (“Axiata”), today announced two new key management positions in the Group's Cambodian operations, TMI Cambodia, with Mr. Simon J Perkins as Chief Executive Officer (CEO) and Mr. Nashad Emir as Chief Operating Officer, effective June 8th and September 1st respectively. The positions are part of Axiata's ongoing efforts to strengthen management at its operating companies (OpCos), with a focus on recruiting the best talents as well as grooming new talents; this announcement for Cambodia was preceded by a major reorganization at Celcom two weeks ago.

Simon J Perkins – Chief Executive Officer TMIC

With over 10 years in Asia, Simon is a well known name in Indochina region's telecommunications industry. Simon has been involved in various telecommunication companies during his career and prior to taking up our appointment, he was the CEO for Vietnamobile, a mobile network operator in Vietnam, where he successfully turned the business around. Simon spent more then 20 years with BT in the UK and its operations in the USA as well as India (Bharti), Singapore (StarHub) and the regional office in Asia Pacific. Subsequently he spent five years in Indochina, as CEO of Millicom Cellular's Vietnam operations and later as CEO of its regional operations for the whole of Indochina. He also spent three years in Australia with Silk Telekom before returning to Indochina. Given his experience in the region Simon will play a wide role for Axiata, not just as Chief Executive Officer of TMIC but also responsible for Indochina.

Simon has also served as a Director on Boards of CamGSM and Tele2 Cambodia, Paktel Pakistan and Chairman of Board of Directors Extelcom Philippines.

Dato' Sri Jamaludin Ibrahim, President and Group Chief Executive Officer of Axiata said “With his vast international experience with established companies like BT and in particular his in-depth exposure to Indochina, including Cambodia, Simon will add an invaluable dimension to the Axiata Group where he will significantly help to drive our Cambodian operations to a new phase of growth and efficiency.”

Nashad Emir – Chief Operating Officer TMIC

As Chief Operating Officer of TMIC, Nashad's appointment is in line with Axiata Group's strategy of developing talent to be part of our pool of future Malaysian and Country National leaders.

Nashad's expertise has been firmly rooted in leading international operations, such as GE and Sony, in consumer and industrial products, manufacturing and service industries P&L centres, in customer service and business development, and also in process improvement methodologies.

Nashad, a Malaysian, will be joining the Group from Draka Philippines Inc, an industrial manufacturing company, where he is the Managing Director. Prior to this, Nashad spent a good part of his career in SONY (9 years) and held numerous positions in General Electric (GE) where he spent more than 7 years. His last couple of positions in GE was as MD of GE Plastics Malaysia and President Director for GE Consumer and Industrial in Indonesia where he was responsible for the country P&L. Whilst in GE, Nashad was posted to Shanghai as Quality Leader for GE Consumer & Industrial, Asia Pacific. He is a certified Master Black Belt Six Sigma and also well versed in ISO Quality Standards and various other process improvement methodologies and Change Management.

“Nashad's appointment reinforces our plans to nurture talent from different backgrounds whilst adding a fresh approach to our Group with his GE and Sony experience in Manufacturing and Consumer industries. His strong process management, which includes a Master Black Belt Six Sigma, is certainly a plus for us”

The two new appointments will complement the current TMI Cambodia management team, currently led by the Chief Financial Officer, Phillip Wong.

“We are looking forward to these appointments as part of Axiata's plans to strengthen our management across the Group. We have already done this at the Corporate Centre. Working closely together with the respective CEOs of the operating companies, we are now turning our attention to strengthen top management at our operating companies, as witnessed with these two appointments as well as the recent restructuring at Celcom which saw top management strengthened significantly” concluded Dato' Sri Jamaludin.

 

About Axiata

 

Axiata is one of the largest Asian telecommunication companies, focused in high growth low penetration emerging markets. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India, Singapore and Iran. India and Indonesia are amongst the fastest growing markets in the world. In addition, the Malaysian grown holding company has stakes in non mobile telecommunication operations in Thailand and Pakistan.

The Group's mobile subsidiaries and associates operate under the brand name ‘Celcom' in Malaysia, ‘XL' in Indonesia, ‘Dialog' in Sri Lanka, ‘AKTEL' in Bangladesh, ‘HELLO' in Cambodia and ‘Idea' in India, ‘M1' in Singapore and ‘MTCE' in Iran (Esfahan).

As of December 2008, The Group's, including its subsidiaries and associates, has over 90 million mobile subscribers in Asia. The Group revenue for 2008 was RM11.3 billion. The Group provides employment to over 25,000 people across Asia. Axiata's vision is to be a regional champion by 2015 by piecing together the best throughout the region in connectivity, technology and people, uniting them towards a single goal: Advancing Asia.

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