IOI Corp redesignates Abdul Wahid Omar as its new chairman

PUTRAJAYA (Nov 4): IOI Corp Bhd (KL:IOICORP) has redesignated its director Tan Sri Abdul Wahid Omar as its independent non-executive chairman, effective Wednesday (Nov 5).

Abdul Wahid, 61, succeeds Tan Sri Peter Chin Fah Kui, who retired on Tuesday after serving on the board since December 2014.

“Thank you to the board for appointing me as chairman. It has been a pleasure working with Tan Sri Peter Chin over the past five months,” Abdul Wahid told reporters after the group’s annual general meeting on Tuesday.

“I look forward to working closely with Datuk Lee Yeow Chor (managing director and chief executive officer) and contributing further value to the company,” said Abdul Wahid, who previously served as chairman of Bursa Malaysia Bhd (KL:BURSA).

He also currently chairs Cypark Resources Bhd (KL:CYPARK), World Wide Fund for Nature (WWF) Malaysia and the MySDG Foundation.