Dual-listed IHH Healthcare Q0F has appointed veteran business leader and lawyer Tan Sri Dr Nik Norzrul Thani bin N Hassan Thani as chairman and independent non-executive director of its board, effective today.
Nik Nozrul succeeds Tan Sri Mohammed Azlan bin Hashim, who had elected to retire at the group’s annual general meeting in May.
According to a June 26 announcement, Nik Nozrul brings “extensive expertise” to the stewardship of IHH Healthcare, including in the fields of Islamic finance, banking, offshore finance, debt restructuring, as well as international, corporate and commercial law.
He practises with Zaid Ibrahim & Co., Malaysia's largest law firm, and is a member of KPMG's Global Legal Services network. He also provides legal counsel for mergers and acquisitions, regulatory compliance, and the issuance of private debt securities, including Islamic financial instruments.
Nik Nozrul also serves on the board of other Malaysia-listed companies including SD Guthrie Berhad (formerly known as Sime Darby Plantation Berhad), Malaysian Rating Corporation Berhad and T7 Global Berhad.
See also: IHH Healthcare reports FY2023 earnings of RM2.95 bil, up 91% y-o-y
Before joining Zaid Ibrahim & Co., he worked at international law firm Baker & McKenzie. In 2017, he was appointed chairman of the Malaysia-Singapore Business Council by Malaysia’s Ministry of International Trade & Industry.
“I am honoured to have this opportunity to steward IHH Healthcare on the next phase of its growth journey,” says Nik Nozrul. “The board and management have put in place strong foundations to future-proof the organisation and realise our aspiration.”
Shares in IHH Healthcare closed 1 cent lower, or 0.55% down, at $1.80 on June 26.
