Friday, August 20, 2010

Syed Hisham named as new UMW president & group CEO

KUALA LUMPUR: UMW HOLDINGS BHD [] announced the appointment of Datuk Syed Hisham Syed Wazir as its new president & group CEO with effect from Oct 1, 2010, replacing Datuk Abdul Halim Harun, who would be retiring on Sept 30. In a filing to Bursa Malaysia on Friday, Aug 20, the group said Syed Hisham graduated from Plymouth University, England with a BSc in Mechanical Engineering in 1979 and earned his Master of Business Administration from the Ohio State University of USA in 1996.

UMW said Syed Hisham is a Fellow Member of the Institute of Motor Industry, UK, and a member of Beta Gamma Sigma of Ohio University as well as a member of the Ohio University Alumni Society in Malaysia. The company that he had a distinguished career in senior management positions spanning over 27 years.

UMW also said Abdul Halim agreed to remain as advisor to the new president & group CEO until Nov 15, 2010, to ensure a proper familiarisation and handover process.

The group said he served as non-executive director of UMW from 1990 to 2001 and subsequently as president & group CEO. It noted that Abdul Halim had intimated his desire to retire after the expiry of his contract in April 2009 but, at the request of the board, stayed on for a 1 + 1-year term.

"In April 2010, he agreed to continue his service until a suitable candidate is identified," said UMW.

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