Boustead Holdings Bhd today announces the appointment of Datuk Seri Mohd Redzuan Md. Yusof as the Group’s new Independent Non-Executive Chairman, marking another significant milestone for the Group.
Datuk Seri Mohd Redzuan was Director of Bukit Fraser Thermal Technologies Sdn Bhd; Directors and CEO of Gagnar Group, Marginal Field Solutions Sdn Bhd, and Seahorse Platforms Asia Sdn Bhd.
He then entered public office and served as Minister of Entrepreneur Development and Co-operatives from 2018 to 2020, and later Minister in the Prime Minister’s Department (Special Functions) from 2020 to 2021.
Boustead Group Managing Director Dato’ Sri Mohammed Shazalli Ramly said the Group is very pleased and honoured to welcome Datuk Seri Mohd Redzuan as the new Independent Non-Executive Chairman and believes his vast experiences in both corporate and public offices, would elevate Boustead to a new height.
“Boustead is on a very pertinent journey of reinventing itself to become an organisation that embraces Environment, Social and Governance efforts as reflected in our very own Boustead Hijau Agenda (BIJAU) that will be the core value driver in all our business dealings and operations, including on digitalisation, digital technologies and renewable energy, while at the same time expand and improve existing businesses, capitalise on emerging opportunities and accelerate value creation to maximise returns to the shareholders.
“Thus, we look forward to Datuk Seri Mohd Redzuan’s leadership, guidance, and counsel to meet our strategic goals in line with the Reinventing Boustead strategy of accelerating overall performance to enhance and maximise shareholder value while protecting the interests of our shareholders, especially Lembaga Tabung Angkatan Tentera (LTAT) as our majority shareholder,” he said.
