TWL Holdings Bhd (formerly Tiger Synergy Bhd) has appointed former Bank Rakyat’s CEO Datuk Syed Abdul Aziz Syed Hassan as the group’s new deputy chairman to replace Shirley Tan Lee Chin who has been re-designated as TWL’s managing director.
In this role, Syed Abdul Aziz, 60, will work closely with the Datuk Tan Wei Lian, the group’s chairman and other board members to provide strategic direction, drive growth initiatives and ensure strong corporate governance within TWL.
Syed Abdul Aziz brings a wealth of experience and expertise to TWL given his leadership role in the financial industry previously. Backed by a strong track record in his previous stint, his appointment is in line with the group’s vision to deliver high quality residential and commercial projects that correlate with global developers.
With over 30 years of experience in the financial industry, he has held various leadership positions such as the CEO, deputy CEO (operations), chief operating officer (COO) and chief corporate service officer at Bank Rakyat.
His credibility is also reflected during his days as the CEO of Bank Rakyat’s subsidiary, Rakyat Holdings Sdn Bhd, during which he has made significant contributions to the growth and success of those organisations.
“We are thrilled to welcome Syed Abdul Aziz as our new deputy chairman,” commented Tan in her new capacity as TWL’s managing director.
“As we continue to navigate the dynamic landscape of property development, his extensive experience, strategic acumen, and proven leadership will undoubtedly be invaluable assets to our group. We look forward to working together to drive TWL to new heights.”
Syed Abdul Aziz holds a degree in Business Administration from Universiti Teknologi MARA (UiTM). For his professional qualification, he was conferred a senior management programme by the Harvard Business University.
At 4,32pn, TWL was unchanged at 5 sen with 7.27 million shares traded, thus valuing the company at RM202 mil. – April 13, 2023
