MBM Resources Berhad (MBMR) announced the appointment of new Board of Directors at its Annual General Meeting (AGM) held at The Royale Chulan The Curve Hotel, Petaling Jaya on May 29, 2019. The two new Board Members, namely, Y. Bhg. Datuk (Dr.) Aminar Rashid bin Salleh and Ms. Wong Fay Lee replaces retired Board Members, Encik Shamshir@Shamshin Ghazali, and Encik Mustapha bin Mohamed. In the same event, MBMR’s Chairman, Y. Bhg. Dato’ Abd Rahim bin Abd Halim who has been holding the position since 2007, announced his retirement from the Board as Director and Chairman of MBMR.
Despite the departure of the long-serving and experienced Directors and the Chairman, the Board is committed in ensuring continuity and has made several changes in the Board composition to focus on plans and strategies to boost MBMR’s future growth. The restructuring of the committee including the appointment of the new members in the Audit and Risk Management Committee (ARMC), Nomination and Remuneration Committee (NRC) and Chairman of MBMR Group.
MBMR has made the required announcement to Bursa Malaysia of the new committee leadership and composition changes effective June 26, 2019.
MBMR Chairman is succeeded by Y. Bhg. Datuk (Dr.) Aminar Rashid bin Salleh. Datuk (Dr.) Aminar Rashid was the Managing Director of Perusahaan Otomobil Kedua Sdn Bhd (Perodua) from November 16, 2009, until 2012 then as President and Chief Executive Officer from 2013 until his retirement in December 2018.
Prior to his appointment in Perodua, he served UMW Toyota since 1992 in various capacities including the position of Executive Director, Strategic Planning Group. Datuk (Dr.) Aminar Rashid obtained his Bachelor Degree in Civil Engineering from UiTM in 1982, an Executive Diploma in Business Administration from the University of Central Lancashire United Kingdom and attended the Management Development Program at University of Michigan, USA.
Audit & Risk Management Committee (ARMC):
Y. Bhg. Dato Anwar bin Haji @ Aji will join and succeed En Shamshir @ Shamshin Ghazali as Chairman of the ARMC. Dato’ Anwar has profound knowledge in risk management from his 30-year of finance and treasury related experience and the committee is reinforced by two other members, En Muhammad Lukman bin Musa @ Hussain and Y. Bhg. Datuk (Dr.) Aminar Rashid bin Salleh.
Nomination & Remuneration Committee (NRC):
Y. Bhg. Datuk (Dr.) Aminar Rashid bin Salleh will assume the Chairmanship of the NRC, on a temporary basis succeeding En. Mustapha bin Mohamed. Other members of the NRC will be Dato’ Anwar Haji@Aji and Ms. Wong Fay Lee.
The Board has also appointed Dato’ Anwar Haji@Aji as a Senior Independent Non-Executive Director effective June 26, 2019.
The Board would like to express their heartfelt appreciation and thanks to the previous Chairman and Directors for their dedication and contribution to MBM Resources.