KUALA LUMPUR: Iskandar Investment Bhd (IIB) has appointed Datuk Syed Mohamed Syed Ibrahim as its president and chief executive officer effective Nov 1, 2010.
In a statement Friday, Oct 8, IIB said Syed Mohamed will take over the helm of the company from Arlida Ariff, whose contract ends on Dec 31, 2010.
IIB is an investment holding company working in close partnership with the Iskandar Regional Development Authority to drive investment into Iskandar Malaysia.
The shareholders of IIB are Khazanah Nasional Bhd, the Employees Provident Fund and Kumpulan Prasarana Rakyat Johor Sdn Bhd.
IIB said Syed Mohamed, a native of Johor, had spent many years in property development, hospitality and leisure, CONSTRUCTION [] and facility management industry.
"This experience will be particularly valued in the next stage of development of IIB's projects, as developments move towards project completion and become operational," it said.
Syed Mohamed is currently group director of the property and infrastructure division of DRB-HICOM BHD [].
He had previously served as the chief executive officer of TH PROPERTIES [] Sdn Bhd, general manager of Sime Darby Land Sdn Bhd and the head of corporate planning division of the Johor State Economic & Development Corporation.
"Syed Mohamed's experience in both State and Federal Government-linked companies would serve IIB well given its unique nature as a catalyst developer.
"He also spent some time working abroad as the chief operating officer of Knowledge Economic City Developers Company Limited in Jeddah, Saudi Arabia," it said.
In a statement Friday, Oct 8, IIB said Syed Mohamed will take over the helm of the company from Arlida Ariff, whose contract ends on Dec 31, 2010.
IIB is an investment holding company working in close partnership with the Iskandar Regional Development Authority to drive investment into Iskandar Malaysia.
The shareholders of IIB are Khazanah Nasional Bhd, the Employees Provident Fund and Kumpulan Prasarana Rakyat Johor Sdn Bhd.
IIB said Syed Mohamed, a native of Johor, had spent many years in property development, hospitality and leisure, CONSTRUCTION [] and facility management industry.
"This experience will be particularly valued in the next stage of development of IIB's projects, as developments move towards project completion and become operational," it said.
Syed Mohamed is currently group director of the property and infrastructure division of DRB-HICOM BHD [].
He had previously served as the chief executive officer of TH PROPERTIES [] Sdn Bhd, general manager of Sime Darby Land Sdn Bhd and the head of corporate planning division of the Johor State Economic & Development Corporation.
"Syed Mohamed's experience in both State and Federal Government-linked companies would serve IIB well given its unique nature as a catalyst developer.
"He also spent some time working abroad as the chief operating officer of Knowledge Economic City Developers Company Limited in Jeddah, Saudi Arabia," it said.
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