Nik Rizal Leaving RHB To Join Axiata As GCFO

Axiata Group Berhad has announced the appointment of Nik Rizal Kamil Nik Ibrahim Kamil who was formerly at RHB as its Group Chief Financial Officer with effect from 1 January 2024.

The group said Nik Rizal’s appointment will be instrumental in driving the Group’s aspiration towards becoming a sustainable dividend company. He will take over from Lila Azmin Abdullah, who has held the post as acting Group CFO since 24 March 2023 in addition to her role as Group Chief Corporate Development Officer at Axiata.

Nik Rizal joins Axiata with a wealth of experience and knowledge in business finance, investments and accounting. His last position was as Group CFO at RHB Bank, a position he held since February 2021.

Prior to that, he was with Khazanah Nasional as Executive Director, Investments, leading investment and divestments projects, value creation activities and overall private equity asset class strategy execution both domestically and internationally in the areas of Telecommunications, Media and Technology. Nik Rizal also served on the Boards of Telekom
Malaysia and Astro Malaysia Holdings Berhad.

His previous work experience also includes stints with Royal Dutch Shell PLC, Arthur Andersen & Co (now known as Ernst & Young PLT) and Coopers & Lybrand (now known as PricewaterhouseCoopers) in London.

Nik Rizal holds a MSc Finance from London Business School and a BSc (Hons) Economics & Accounting from University of Bristol, United Kingdom. He is also a Fellow Chartered Accountant (FCA) and Business Finance Professional (BFP) with the Institute of Chartered Accountants in England and Wales (ICAEW) and a member of Malaysian Institute of
Accountants (MIA).

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