KUALA LUMPUR: MBM Resources Bhd which has been without a group chief executive officer (GCEO) for five months, has appointed Rizal Mohd Zin as its new GCEO effective Jan 2, 2024.
Rizal, 48, was previously the group chief strategy officer of MNRB Holdings Bhd. Before that, he worked for Ekuiti Nasional Bhd as a director of investments, where he was involved in numerous investments and divestments.
His experience spans more than two decades in the areas of mergers and acquisitions (M&A), performance management, transformation, and corporate strategy development and implementation.
Rizal holds a Bachelor of Arts in Engineering and a Master's in Engineering from the University of Cambridge, United Kingdom.
With the departure of then GCEO Muhammad Fateh Teh Abdullah on Aug 24, 2023 MBM Resources set up an executive committee, made up of Datuk Zulfikri Osman and Low Hin Choong, to assume the roles and responsibilities of the GCEO until the new GCEO is appointed.
With the appointment of the new GCEO, Zulfikri and Low have been redesignated as non-executive directors.
MBM Resources is a significant parts supplier to all major car manufacturers in the country as well as being well represented in all segments of the automotive retail market, including the commercial vehicle segment, and from compact entry level cars to luxury cars in the passenger vehicle sector.
These include brands like Daihatsu, which has recently suspended production in Japan, and Hino in the commercial sphere, and passenger vehicle brands like Perodua, Volvo and Volkswagen.
