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KUALA LUMPUR: A leading figure in the digital technology and business industries, Yasmin Mahmood will step down as President of Pos Malaysia Bhd effective April 1 after serving a two-year term.
In a statement today, the postal delivery service provider said the company had appointed one of its current board members, Syed Faisal Albar Syed Ali Rethza Albar, to replace her.
Syed Faisal Albar is currently Group Managing Director of DRB-Hicom Bhd and served as Group Managing Director of Pos Malaysia from 2008 to 2011.
Pos Malaysia said that Yasmin had expressed his intention to resign due to his growing responsibilities in Malaysia and at the regional level. According to the Bursa Malaysia filing, his resignation is due to “commitments in other companies”.
“He has been a valued member of Pos Malaysia, having led the board and management towards adopting digital initiatives, streamlining the postal fee and putting the company on the right path towards a solid restructuring plan,” he said.
Pos Malaysia also announced the appointment of Jezilee Mohamad Ramli as a non-executive director.
He added that he had worked at Pos Malaysia as Group Head of Corporate Services and was currently the Director of Corporate Services Operations for DRB-Hicom Bhd.