Malaysia Airports : Appoints Dr Nungsari Ahmad Radhi As Non-Independent Non-Executive Chairman

SEPANG - The Board of Malaysia Airports Holdings Berhad (MAHB or the Group) wishes to announce the appointment of YBhg Dr Nungsari Ahmad Radhi as its Non-Independent Non-Executive Chairman effective from 13 May 2024.

Dr. Nungsari brings with him a wealth of experience in the aviation industry. Notably, he has served as a Commissioner of the Malaysian Aviation Commission (MAVCOM) since its inception, and subsequently as its Executive Chairman from July 2018 to April 2020. Dr Nungsari is also an economist who is currently an Independent Non-Executive Member of the board of Bank Negara Malaysia and a member of the Policy Advisory Committee to the Prime Minister and Majlis Tindakan Ekonomi Negara. He is a trustee of Khazanah Research Institute and Yayasan Rahimah Yusof, a private charitable foundation, as well as a board member of Koperasi Tunas Muda Sungai Ara Berhad. He has held executive positions in various Minister of Finance (Incorporated)s companies, i.e., Khazanah Nasional Berhad, Prokhas Sdn Bhd, Pengurusan Danaharta Nasional Berhad, DanaInfra Nasional Berhad and Syarikat Jaminan Pembiayaan Perniagaan Berhad, and sat on the boards of various statutory and corporate entities including National Productivity Council, Majlis Amanah Rakyat, Bank Pertanian Malaysia Berhad and CIMB Islamic Bank Berhad.

In conjunction with the appointment, YBhg Tan Sri Datuk Zainun Ali will take on the role as Non-Independent Non-Executive Director on the Board of MAHB. The Board wishes to thank Tan Sri Datuk Zainun for her stewardship as Chairman of the Group. During her tenure as Chairman, Tan Sri Zainun has been most meticulous in ensuring that the highest standards of corporate governance and integrity are upheld throughout the Group, and was instrumental in the discussion of MAHB's new Operating Agreement with the Government.

The Group and its Board of Directors would like to express its appreciation and gratitude to Tan Sri Datuk Zainun for her invaluable contribution during her tenure as Chairman and extend its heartiest welcome to Dr Nungsari as the Group's new Chairman.