IRIS Corporation Berhad announced the resignation of Tan Sri Nik Mohamed Bin Nik Yaacob, age 74, as Independent and Non Executive Chairman of the company with effect from January 31, 2023. Reason: Due to personal commitment. Tan Sri Nik Mohamed was the Group Chief Executive of Sime Darby Berhad from 1993 until his retirement in June 2004.

He was Sime Darby Berhad's Directors of Operations in Malaysia prior to his appointment as the Group Chief Executive in 1993. He also served on various Boards of the Sime Darby group of companies during this period. He was also Chairman of the Advisory Council of the National Science Centre and Chairman of the Board of UiTM and served as member of the INSEAD East Asian Council, National Council for Scientific Research and Development, Coordinating Council for Public-Private Sectors in the Agricultural Sector, National Coordinating Committee on Emerging Multilateral Trade issued and the industrial Coordinating Council.

He was a representative for Malaysia in the Apec Business Advisory Council and the Asia Europe Business Forum. Tan Sri Nik Mohamed is currently the Executive Director of Perdana Leadership Foundation. Qualifications: Diploma in Mechanical Engineering from Footscray Institute of Technology, Australia; Degree in Engineering from Monash University; Masters in Business Management from Asian Institute of Management; Advanced Management Programme from Harvard Business School, United States of America.