TERAS Teknologi Sdn Bhd (TERAS) has appointed Anwar Ishak as its new CEO while it embarks on a new journey that will place the organization at the forefront of the toll industry digitalization and also bring it into adjacent industries with new technologies.
“I am joining TERAS at a time when RFID will be the catalyst of change for the logistics industry. As Malaysia’s focus is now on reviving its economy through the development of key infrastructure including the highways, I am overwhelmed by the endless possibility of the sustainability culture of PLUS Malaysia Berhad in ensuring technology and the Internet of Things (IoT) remains at the forefront of what we do.
“I believe with the technological expertise of TERAS, PLUS will be able to stamp its position as the leader and lift the highway industry to greater heights through its digitalization adaptation,” exclaims Anwar.
Anwar, who graduated with a Master of Engineering in Computer Systems and Electronics from King’s College of London has over 20 years of experience in the digital, tech start-up, and telecommunications space.
After a spell abroad, Anwar returned to Malaysia in 2017 to head the Digital IT function of Digi Telecommunications. His key responsibility was to drive the digitalisation of the telco from a technology perspective which included transforming the way of working, managing expenditures, managing digitalisation strategies as well as research and development for new businesses.
Anwar is expected to enhance PLUS’ efforts to strengthen innovation beyond toll collection with the aim of modernizing the existing expressway and tolling systems, in line with the nation’s aspiration to increase public-private partnership as outlined in the 12th Malaysia Plan (RMK-12).
