UDA Holdings names Johari Shukri Jamil as president and CEO

• Johari, 53, was also former CEO of Hektar Real Estate Investment Trust and led the company’s post-pandemic recovery to profitability.

KUALA LUMPUR (May 2): UDA Holdings Bhd has appointed real estate veteran Johari Shukri Jamil (pictured) as its new president and chief executive officer effective immediately.

Johari, backed by achievements in transformation and value creation, is expected to support UDA Holdings’ next phase of growth, the property developer owned by the Ministry of Finance said in a statement on Friday. Prior to joining UDA Holdings, he led Pasdec Holdings Bhd (KL:PASDEC) as managing director.

“Johari is expected to inject ideas and innovations through new dimensions, methods and approaches while prioritising the original objective of UDA’s establishment to fulfil the Bumiputera social and economic development agenda,” said UDA Holdings chairman Tan Sri Mohd Annuar Zaini.

Johari, 53, was also former CEO of Hektar Real Estate Investment Trust (KL:HEKTAR) and led the company’s post-pandemic recovery to profitability.

He also held several key leadership roles, including executive vice-president of business development and transformation at Iskandar Investment Bhd, group chief operating officer at marine transportation and offshore storage firm EA Technique (M) Bhd (KL:EATECH), and chief executive officer at Tanjung Langsat Port Sdn Bhd.

Established in 1971, UDA Holdings was formerly known as the Urban Development Authority. The company is now supervised by the Ministry of Entrepreneur and Cooperative Development (Kuskop).

The company was listed in 1999 on the Main Board of what was then known as the Kuala Lumpur Stock Exchange before being delisted from Bursa Malaysia in 2007 to become a wholly-owned subsidiary of sovereign wealth fund Khazanah Nasional Bhd.

UDA Holdings was then transferred to the Ministry of Finance the following year.

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