Sunway REIT appoints former Maybank CEO Amirsham Aziz as new chairman

KUALA LUMPUR (April 11): Sunway Real Estate Investment Trust (Sunway REIT) has appointed Tan Sri Amirsham Aziz, a former Minister as well as former Maybank president and chief executive officer, as its new chairman effective Friday (April 8).

In a Bursa Malaysia filing on Friday, the REIT said Amirsham, 71, will be replacing Tan Sri Ahmad Mohd Don, who is retiring from the position after helming the company since October 2016.

“Tan Sri Amirsham is currently an independent non-executive director and the chairman of the Audit Committee of Hap Seng Plantations Holdings Bhd. In addition, he is an independent non-executive chairman of RAM Holdings Bhd and RAM Rating Services Bhd,” the group said.

Amirsham led Maybank from 1994 to 2008 before assuming the position as a Minister in the Prime Minister's Department in charge of the Economic Planning Unit and Department of Statistics from March 2008 to April 2009.

Then between June 1, 2009 and May 31, 2011, Amirsham chaired the National Economic Advisory Council.

Separately, the REIT announced the appointment of Datuk Christopher Martin Boyd as its new independent and non-executive director, also effective April 8, with the retirement of Elvin Berty Luke Fernandez, 72.

According to the group, Christopher also holds directorship in MUI Properties Bhd.

Shares in Sunway REIT finished unchanged at RM1.39 on Friday, giving it a market capitalization of RM4.76 billion.

Edited by Tan Choe Choe

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