JOHOR BAHRU: Johor Corporation (JCorp) has announced the appointment of Datuk Syed Mohamed Syed Ibrahim as its new president and chief executive.
In a statement to Bernama, JCorp said the appointment, effective yesterday (Jan 9), was to fill the vacant position following the retirement of Datuk Kamaruzzaman Abu Kassim on Dec 31, 2019.
Syed Mohamed has over 34 years of experience and expertise in the fields of banking, corporate, real estate development, technology and business strategy.
He holds a degree in Economics (Analytical Economics) from the University of Malaya.
Johor Menteri Besar Datuk Dr Sahruddin Jamal, who is JCorp chairman, said the board members and employees welcomed the appointment of Syed Mohamed.
They are confident that he would continue to ensure JCorp’s relevance and sustainability in undertaking its role as a state development agent for over five decades, driven by its mission “Membina dan Membela”.
Prior to his appointment at the Johor state conglomerate, Syed Mohamed was the chairman of Felda Investment Corporation; president and executive director of Iskandar Waterfront Holdings Sdn Bhd; chairman of Encorp Bhd; president and CEO of Iskandar Investment Bhd; CEO of TH Properties Sdn Bhd and group director of DRB-HICOM.
Syed Mohamed began his career at Bank Bumiputera (M) Bhd and Bank Rakyat before joining the Johor State Economic Development Corporation (now JCorp) from 1989 to 1993.
The 62-year-old is also currently the chairman of Prasarana Integrated Development Sdn Bhd as well as a board member of the Sultan Ibrahim Johor Foundation and the Tunku Laksamana Johor Cancer Foundation. – Jan 10, 2020, Bernama
