News
Change In Boardroom - Mr Mazen Ahmed M. Aljubeir
Back
Apr 28, 2022
| Date of change | 28 Apr 2022 |
| Name | MR MAZEN AHMED M. ALJUBEIR |
| Age | 45 |
| Gender | Male |
| Nationality | Saudi Arabia |
| Type of change | Redesignation |
| Previous Position | Independent Director |
| New Position | Non-Independent Director |
| Directorate | Non Independent and Non Executive |
Qualifications
| No |
Qualifications
|
Major/Field of Study
|
Institute/University
|
Additional Information
|
| 1 |
Masters
|
Master of Business Administration
|
Harvard Business School
|
Designated a George F. Baker Scholar
|
| 2 |
Degree
|
Economics
|
Harvard College
|
Earned A.B. with honors in economics
|
| Working experience and occupation | Mazen Ahmed M. AlJubeir, based in Riyadh, Saudi Arabia, is an active investor in SMEs and growth companies in Saudi Arabia and the United States. He also serves on the Boards of Directors of several prominent government organizations, public corporations, private companies, and social enterprises. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Following shareholders' approval for Mazen Ahmed M. AlJubeir ("Mazen"), to be re-elected to the Maxis Board at Maxis recently concluded Thirteenth AGM, he has assumed the position of a non-independent non-executive director following the conclusion of the AGM. This position arises as a result of the amendment to the Main Market Listing Requirements ("MMLR") introduced by Bursa Securities on 13 August 2020 which require all persons being appointed independent directors of listed companies after 1 October 2020 to have observed a 3-year cooling off period if they have been a non-independent director before that. Mazen was a non-independent non-executive director of the Maxis Board up until 21 April 2020, when he was re-designated as an independent non-executive director of the Maxis Board. However, in light of the requirement under the MMLR, Mazen was not in a position to satisfy this new criteria at the point of his re-appointment and has accordingly assumed the role of a non-independent non-executive director of the Maxis Board following the conclusion of the AGM. |
Announcement Info
| Company Name | MAXIS BERHAD |
| Stock Name | MAXIS |
| Date Announced | 28 Apr 2022 |
| Category | Change in Boardroom |
| Reference Number | C03-25042022-00003 |