SHAH ALAM, 30 December 2016– UMW Holdings Berhad announced the appointment of Tan Sri Dato’ Sri Hamad Kama Piah bin Che Othman as its new Group Chairman effective 1 January 2017. He replaces Tan Sri Asmat bin Kamaludin whose tenure expires on 31 December 2016. Tan Sri Dato’ Sri Hamad Kama Piah was the President & Group Chief Executive Officer of Permodalan Nasional Berhad (PNB) until his retirement on 30 September 2016. He was with PNB since 1979. He had served as a Director of Amanah Saham Nasional Berhad, Pelaburan Hartanah Nasional Berhad, Amanah Mutual Berhad, Chemical Company of Malaysia Berhad, Sime Darby Berhad and several private companies. He is currently the Chairman of PNB Development Sdn. Bhd., E-Lock Corporation Sdn. Bhd. and Universiti Malaysia Kelantan, a Director of Professional Golf Association of Malaysia and a Trustee of Yayasan Karyawan.
His career spans over 30 years in the fields of investment and unit trust management. He undertook various responsibilities in various facets of investment management and corporate finance in PNB including as portfolio manager and head of corporate restructuring. “We are honoured with the appointment of Tan Sri Dato’ Sri Hamad Kama Piah as our new Group Chairman. His wealth of knowledge and vast experience would contribute immensely to the UMW Group. The Board of Directors and I are looking forward to welcoming Tan Sri Dato’ Sri Hamad Kama Piah and working closely with him. With his esteemed leadership, we are confident of propelling UMW to new frontiers and greater heights,” said Badrul Feisal bin Abdul Rahim, President & Group Chief Executive Officer of UMW Holdings Berhad.
Tan Sri Asmat bin Kamaludin has been the Group Chairman of UMW Holdings Berhad since 20 February 2001. He had a distinguished career with the Ministry of International Trade and Industry Malaysia spanning over 35 years, culminating with his retirement as Secretary-General in 2001. Tan Sri Asmat has contributed immensely to Japan-Malaysia economic ties. On 11 November 2014, he was conferred the prestigious “Order of the Rising Sun, Gold and Silver Star” award by His Majesty, the Emperor of Japan, in recognition of his contributions in the strengthening of economic relations and the promotion of mutual understanding between Japan and Malaysia.
“On behalf of the Board of Directors of UMW Holdings Berhad, I would like to record our utmost gratitude to Tan Sri Asmat for his invaluable contributions to the UMW Group. Under his esteemed leadership, the UMW Group has grown to be a leader in its core businesses and today has operations in 13 countries. We thank him and wish him well for the future”, added Badrul Feisal.