MSWG to MSM group CEO: Congrats but biz priority should come first

THEY say dark clouds will pass and the rays of sunshine will shine across mother earth.

After its Prai plant having succumbed to temporary closure from June 8-15 due to COVID-19 cases recorded on-site, MSM Malaysia Holdings Bhd (MSM), the country’s leading sugar refiner, has something to cheer about.

Its group CEO Syed Feizal Syed Mohammad has been appointed as Adjunct Professor by the Universiti Teknologi Malaysia (UTM) Azman Hashim International Business School (AHIBS).

The appointment which took effect from June 15 is for a duration of one year.

In this role, Syed Feizal will contribute to UTM AHIBS on industrial knowledge with an emphasis on leadership, business, management, innovation as well as entrepreneurship.

He will also be conducting lectures, seminars and dialogues with academic employees and students of AHIBS.

Even the Minority Shareholders Watch Group (MSWG) CEO Devanesan Evanson is positive about Syed Feizal’s appointment since giving back to society and towards nurturing better future leaders is the very essence of a commendable corporate social responsibility (CSR).

All praiseworthy so long as the head honcho sticks to a strict time management system.

“However, full-time executive directors and management must not take on roles that can be a toll on their time and concentration to the detriment of their executive obligations,” he told FocusM.

“The boards should play an important role in monitoring whether the executives’ service level is impacted by these additional activities.”

Commenting on his appointment, Syed Feizal, 56, said he was truly humbled and honoured with an opportunity to share his knowledge, experiences and skills to equip and nurture next generation industry leaders.

“I believe the school’s approach on academia-industry collaboration will optimise student’s learnings, research and thesis on their MBA projects with an applied practical know-how,” he enthused.

“I have always been passionate about giving back learnings and this platform will provide me with an avenue to share my knowledge and to also learn from thought leadership of peers similarly appointed and the views of future leaders,” he added.

MSM has recently launched the MSM’s Prodigy Programme as a way to give back to the community especially for young graduates who has not been able to land a job due to current economic situation

At the close of today’s trading, MSM was down 3 sen or 2.34% to RM1.25 with 925,500 shares traded, thus valuing the company at RM879 mil. – June 21, 2021

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