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Change in Boardroom
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Mar 14, 2014
|
Date of change |
07/05/2014 |
| Name | Dr Fahad Hussain S. Mushayt |
| Age | 45 |
| Nationality | Saudi |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Type of change | Resignation |
| Reason | Change in nominee directors of Maxis Communications Berhad, the majority shareholder of Maxis Berhad |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Dr Fahad has a B.Sc. degree in Operations Research from King Saud University, Riyadh and a M.Sc. in Economics from California State Polytechnic University, Pomona. He obtained a PhD in Political Economy and Public Policy from the University of Southern California L.A. He has also completed management programmes at INSEAD, London Business School and Stanford |
| Working experience and occupation | He is the Senior Executive Officer, Strategic Projects Development at STC. He joined STC in 2000 as a Senior Business Analyst in its Corporate Planning Department, and moved up later as Strategic Planning Director and Business Development Director in 2001. In July 2004, he was made Head of STC Strategic Investments Unit which he founded, reporting to the CEO. In this role, he initiated, managed, closed and subsequently oversaw in excess of US$8 billion in investments by STC in KSA and globally. In 2011, he was promoted to vice president of Corporate Strategy, reporting to the group CEO. His responsibilities included promoting the growth agenda of STC, and enhancing the company’s competitive position through strategic and business planning. He also oversaw the establishment and implementation of the group’s investment strategy, customer experience strategy, integrated broadband strategy, as well as the digitisation strategy among others. Throughout his career at STC, he has been responsible for representing STC locally and internationally, maintaining and expanding relationships with the telecom industry and regulators in KSA and abroad. Prior to joining STC, he spent two years with the Saudi Industrial Development Fund. He was vice president of the Telecom Development Advisory Group of the International Telecommunication Union for three years. He sits on the board of many international and local companies including Maxis Communications Berhad and PT AXIS Telekom Indonesia |
| Directorship of public companies (if any) | NIL |
| 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 : |
| Consequent to the resignation, Dr. Fahad shall cease to be a member of the Audit and Remuneration Committees. Mr. Fraser Mark Curley is appointed as a Director of Maxis Berhad to replace Dr. Fahad Hussain S. Mushayt with effect from 8 May 2014. Please also refer to the Company's announcement entitled "Changes in the Board of Directors of Maxis Berhad" announced on even date. |
Announcement Info
| Company Name | MAXIS BERHAD |
| Stock Name | MAXIS |
| Date Announced | 14 Mar 2014 |
| Category | Change in Boardroom |
| Reference No | MM-140312-36252 |