Berjaya Corporation Appoints Vivienne Cheng and Syed Ali As Joint GCEOs

Berjaya Corporation Berhad (BCorp) has appointed Vivienne Cheng Chi Fan and Syed Ali Shahul Hameed as joint Group Chief Executive Officers (CEO(s)) of the Company.

The appointments are effective 1 April 2022.  Syed Ali has also been appointed as an Executive Director of BCorp.

Both veterans of the Group,  Vivienne Cheng joined Berjaya in 1989 (33 years) and Mr. Syed Ali joined Berjaya in 1997 (25 years). Vivienne Cheng has been an Executive Director of BCorp since 2005 with vast corporate experience in the area of finance especially project financing, capital funding, debt restructuring, initial public offerings, risk management and group treasury cash management.

Syed Ali was most recently CEO of Berjaya Land Berhad (“BLand”), a listed subsidiary of BCorp, a position he will now relinquish. In his 25 years with the Group, he has been responsible for the development of several major local and international projects including the Inter-Continental and Sheraton Hotels in Hanoi as well as the Four Seasons and Ritz-Carlton projects in Kyoto and Kuala Lumpur respectively.

At the same time, BLand also announced the appointment of Datuk Abdul Rahim Bin Mohd Zin as CEO of BLand effective 1 April 2022. Datuk Abdul Rahim is a Chartered Accountant and a Member of the Malaysian Institute of Accountants.

He has 35 years of experience in various fields particularly in banking, finance, oil & gas, shipping and food & beverage. He is presently the CEO of Landasan Lumayan Berjaya Sdn. Bhd. and an Executive Director of Berjaya Group Berhad, a subsidiary of BCorp.

In addition, BLand also announced changes to its Board of Directors effective 1 April 2022. Syed Ali has been re-designated as Deputy Chairman while Mr. Tan Tee Ming has been appointed as Executive Director. Consequently, Ms. Nerine Tan Sheik Ping will be stepping down from her position as Executive Director of BLand.

Tan Tee Ming was most recently Senior General Manager of the Property Sales & Marketing Division of BLand. With over 20 years of experience, he has held various positions in several major private banks in Malaysia and Singapore including Citi Private Bank and CIMB Bank.

These movements follow the resignation of Group CEO, Abdul Jalil Abdul Rasheed, due to his personal pursuits.  Jalil will relinquish his position as Group CEO of BCorp as well as all other positions on the various boards of companies related to BCorp effective 31 March 2022.

In a series of tweets, Jalil highlighted his intention to step down, take a break and pursue a venture he has been working on, which is set to have a social impact angle.

 

 

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