It looks like the speculation made by The Edge last month about Proton MD Datuk Seri Syed Zainal Abidin resigning from his post has turned out to be true. Proton has just released a statement confirming Syed Zainal’s resignation. Here’s the statement in full

Following a number of media queries, Proton Holdings Berhad today wishes to confirm the resignation of Datuk Seri Syed Zainal Abidin Syed Mohamed Tahir as the Group Managing Director of Proton Holdings Berhad, effective July 4, 2012.

Syed Zainal has been with Proton for over six years and we are grateful for his contributions to the company. He has decided to leave Proton on his own accord to pursue his own interests and we respect his decision. We also wish to announce the resignation of Chief Financial Officer Azhar Othman from Proton, effective July 6, 2012. We wish them all the best in their future endeavours.

Following the departure of Syed Zainal, the Executive Chairman of Proton, Datuk Seri Mohd Khamil Jamil, will continue his leadership role in steering the company forward.

We wonder who will replace Syed Zainal in the hot seat.