BUSINESS

CMSB APPOINTS SULAIMAN ABDUL RAHMAN AS MANAGING DIRECTOR

08/07/2021 08:15 PM

KUCHING, July 8 -- Cahya Mata Sarawak Bhd has appointed Datuk Seri Sulaiman Abdul Rahman Taib as its managing director (MD), effective today.

The company has also announced the redesignation of Datuk Isaac Lugun as group non-independent non-executive director also effective today.

CMSB group chairman Tan Sri Abdul Rashid Manaf said Sulaiman’s familiarity with CMSB and his wide-ranging experience in businesses will be invaluable to the group as it consolidates, streamlines, and moves towards a new growth path, post-pandemic.

"The appointment (of Sulaiman) is due to the early retirement of CMSB group MD Isaac Lugun, who has been redesignated as non-independent non-executive director,” he said in a statement today.

Sulaiman brought with him a wealth of experience in banking, finance, and insurance after having been the executive chairman of RHB Capital Bhd and its group of companies. 

He had also chaired several of the boards and committees including Rashid Hussain Bhd, RHB Insurance Bhd, RHB Asset Management Bhd, and RHB Research Institute, apart from being a board member of RHB Islamic Bank Bhd, RHB Sakura Bankers Bhd, and RHB Bank Bhd. 

During this period, he was also appointed by the government on the board of Malaysian Industry Government Group for High Technology (MIGHT). 

Sulaiman is also experienced in manufacturing, property development and stockbroking and is familiar with CMSB after serving in various capacities in the company from 1995 to 2008, including as group chairman and group executive director. 

He then went on to become a Member of Parliament for Kota Samarahan in 2008 and was subsequently appointed as Deputy Minister of Tourism, before venturing abroad to oversee various private investments over the last few years after fulfilling his political term.

-- BERNAMA


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