KUALA LUMPUR: Axiata Group Bhd has renewed president and group chief executive officer Datuk Seri Jamaludin Ibrahim's contract for another three years.
Axiata chairman Tan Sri Azman Mokhtar said on Tuesday, March 1 that the group's performance under Jamaludin's leadership speaks for itself, with double digit growth achieved in all key financial metrics.
'He has proven his strong execution skills, ability to lead a top performing team and track record in driving shareholder value in extremely tough markets,' said Azman.
Axiata said Jamaludin has been CEO since 2008, at the point of Axiata's, then TM International Bhd, demerger from TM and has been instrumental in steering the group through difficult macro-economic conditions as well as hyper competition.
'Under his stewardship, Axiata has seen revenue grow by about 40%1 and profits almost quadrupling. Similarly, the group's cash position has almost doubled to RM6.3 billion, in just two years. By the end of 2010, Axiata's total subscriber base expanded to 160 million, up 80% from 2008, making the group one of the largest telcos in the region,' said the company.
Axiata chairman Tan Sri Azman Mokhtar said on Tuesday, March 1 that the group's performance under Jamaludin's leadership speaks for itself, with double digit growth achieved in all key financial metrics.
'He has proven his strong execution skills, ability to lead a top performing team and track record in driving shareholder value in extremely tough markets,' said Azman.
Axiata said Jamaludin has been CEO since 2008, at the point of Axiata's, then TM International Bhd, demerger from TM and has been instrumental in steering the group through difficult macro-economic conditions as well as hyper competition.
'Under his stewardship, Axiata has seen revenue grow by about 40%1 and profits almost quadrupling. Similarly, the group's cash position has almost doubled to RM6.3 billion, in just two years. By the end of 2010, Axiata's total subscriber base expanded to 160 million, up 80% from 2008, making the group one of the largest telcos in the region,' said the company.
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