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Thursday, May 30, 2019

TM chairperson reportedly stonewalling MOF Inc's pick for CEO



Telekom Malaysia's chairperson Rosli Man is reportedly in a standoff with special shareholder, the Ministry of Finance Inc, over the appointment of the company's new CEO.
The Edge, citing sources, said Rosli is refusing to proceed with appointing acting CEO Imri Mokhtar to the position.
MOF Inc decided to appoint Imri as CEO in February, but Rosli is reportedly stonewalling the directive.
Malaysiakini is attempting to contact TM for comment.
The telco has been without a permanent CEO for a year following Shazalli Ramly’s resignation last June, who was a media advisor to former prime minister Najib Abdul Razak.
Imri was made acting CEO last November, replacing Bazlan Osman who also resigned.
Rosli, meanwhile, became chairperson last December after the resignation of Sulaiman Mahbob.
It was under Sulaiman that TM's board recommended Imri be made CEO.
The Edge reported that Rosli is likely eyeing to name his own appointee to the job.
The issue came to light after the chairperson told the company's annual general meeting on Wednesday that there is no decision by controlling shareholders on who should be CEO. - Mkini

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