DRB-Hicom has announced that it has appointed Datuk Seri Syed Faisal Akbar to the position of group CEO of DRB-Hicom. He will assume the post effective March 4 next year. The announcement of the appointment was made via a statement issued to Bursa Malaysia.

Syed Faisal will take over from Tan Sri Mohd Khamil Jamil, who is retiring. Khamil, who has been group MD since March 1, 2006, will relinquish his position on March 1, 2016, in order to allow time for a handover to Syed Faisal to be completed.

Prior to this appointment, Syed Faisal was the CEO of Malakoff Corp. Before joining Malakoff, the 50-year-old – who is an accountant by profession – was the CEO of Gas Malaysia Berhad from June 2013 to December 2013.

He was also the executive director of Konsortium Logistik (KLB) from June 2013 to December 2013, and was previously group MD of POS Malaysia from 2008 to 2011 and CEO of New Straits Times Press from 2003 to 2008.