MRT Corp CEO's contract extended

KUALA LUMPUR (Aug 11): The Malaysian Government extended Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Seri Shahril Mokhtar's (pictured) contract with the company for another two years. The extension aims to ensure leadership continuity in the group.

In a statement today, MRT Corp said with the extension, Shahril would be CEO until December 31, 2018. The Government via Minister of Finance Inc owns 100% of MRT Corp, which is the developer and owner of the Klang Valley MRT project.

"Shahril took over the helm of MRT Corp on 1 January 2015. Before taking up the position, he was group managing director of Prasarana Malaysia Bhd," MRT Corp said.
 
MRT Corp chairman Tan Sri Dr Ali Hamsa said in the statement the Government had recognised Shahril’s leadership in MRT Corp.

According to Ali, Shahril has been an asset during the critical period when the first MRT Line, the MRT Sungai Buloh-Kajang Line (SBK Line) was about to become operational.

“The Government has decided that Shahril’s continued leadership of MRT Corp was needed to see both phases of the SBK Line become operational in December this year and July next year," said Ali, who is also Chief Secretary to the Government.

Ali said construction of the Sungai Buloh-Serdang-Putrajaya Line (SSP Line) would also benefit from Shahril's leadership. 

Shahril’s experience was crucial to oversee the challenges in the initial stages of the SSP Line construction, according to Ali.

Ali said the SSP Line ground breaking was expected to take place end of this month. — theedgemarkets.com

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