Axiata Appoints Amrit Kaur to Board, Enhancing Corporate Governance

Axiata Group Berhad (“Axiata” or “the Group”) is enhancing its board leadership with the appointment of Amrit Kaur as an Independent Non-Executive Director (“INED”) effective 1 July 2024. Amrit Kaur will also serve as a member and Chair of the Board Audit Committee.

At 63, Amrit brings over 30 years of experience in regulatory compliance, financial advisory, and risk management, contributing to sustainable quality assurance practices. She began her auditing career at Arthur Andersen in 1989 before joining PwC Malaysia, where she held various management and partnership positions, including global leadership roles.

Throughout her career, Amrit has led engagements advising Malaysia’s largest public institutions on projects ranging from mergers and acquisitions to the implementation of Generally Accepted Accounting Principles and International Financial Reporting Standards.

She is a Chartered Accountant with the Malaysian Institute of Accountants and a Certified Public Accountant under the Malaysian Institute of Certified Public Accountants.

Commentaries

Tan Sri Shahril Ridza Ridzuan, Chairman of Axiata, stated, “We’re pleased to welcome Amrit Kaur to our Board of Directors. Her extensive experience in audit and governance will significantly enhance the Board’s strategic, operational, and financial expertise. As Axiata strives to become the Next Generation Digital Champion, we will continue to add diverse skillsets and knowledge to our Board. With our experienced Board line-up, the Group remains committed to value creation and operational excellence.”

He added, “The Board also thanks Thayaparan S Sangarapillai for his nine years of service as an Independent Non-Executive Director and Chair of the Board Audit Committee. His insights and contributions have been invaluable. We are grateful that he will continue as a Non-Independent Non-Executive Director during the transition to Amrit.

Vivek Sood, Group Chief Executive Officer and Managing Director, commented, “Amrit’s extensive experience in energy, telecommunications, and media strengthens the Board as we evolve to become a key player in the region’s digital and technology ecosystem. Her expertise in corporate governance, regulatory compliance, and financial advisory will support the Group’s efforts in high-quality reporting and balancing sustainable business growth with profitability.

Source Link

Newsletter Updates

Enter your email address below and subscribe to our newsletter