Malakoff CFO to leave on Nov 30, deputy named interim successor
The power producer also appointed Aznita Abdul Aziz as an independent non-executive director, effective Oct 21.
Malakoff Corp Bhd said chief financial officer (CFO) Mohd Nazersham Mansor has resigned to pursue other opportunities, with his departure taking effect on Nov 30. Deputy CFO Nurshazwani Abd Malek will assume the role in an interim capacity on Dec 1.
Mohd Nazersham, 53, is leaving after nine years as CFO of the independent power producer, which belongs to MMC Group. His appointment to the position took effect on Dec 1, 2017.
His earlier roles included general manager at MMC Group and CFO at MMC Port Holdings Sdn Bhd. His experience of about 20 years covers corporate finance, treasury, taxation, financial management and accounting.
In a separate board appointment, Malakoff named Aznita Abdul Aziz an independent non-executive director, effective Oct 21. She has about 26 years of oil and gas experience, mainly with companies in the PETRONAS group, covering economic evaluation, treasury operations, portfolio management, strategic planning and risk management. She also serves as an independent non-executive director at Steel Hawk Bhd.
Malakoff shares ended trading on Oct 21 at 75 sen, down half a sen or 0.66%. The closing price valued the group at RM3.75 billion.
