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KUALA LUMPUR: Pos Malaysia Bhd has appointed one of its current board members, Datuk Sri Syed Faisal Albar Syed Ali Rethza Albar as non-executive chairman replacing Datuk Yasmin Mahmood.
Yasmin is stepping down with effect from April 1; at the anniversary of having served a two-year term.
Syed Faisal is currently the group managing director of DRB-Hicom Bhd and had served as group managing director of Pos Malaysia from 2008 to 2011.
At the same time, Pos Malaysia has also appointed Datuk Jezilee Mohamad Ramli as its non-executive director on its board.
Jezilee had served Pos Malaysia as its group chief, corporate services and is currently the chief operating officer, corporate services of DRB- Hicom.
In a statement Monday, Pos Malaysia said Yasmin had expressed her intention to step down due to her growing responsibilities in Malaysia and regionally.
“She has been a valuable member of Pos Malaysia; having steered the board and management towards embracing digital initiatives, rationalising the postal tariff as well as putting the company on the right footing towards a robust turnaround plan.
“The company respects the wishes of Yasmin in wanting to spend more time giving back to the society. It has been a privilege having her as Chairman
and the company would like to thank Yasmin for her invaluable contribution in making Pos Malaysia a stronger group and at the same time wish her all the success in her altruistic initiatives,” Pos Malaysia said.