KUALA LUMPUR: IJM Corp Bhd has appointed Lee Chun Fai as group chief executive officer and managing director (CEO & MD) effective April 1.
In a statement, the construction and property developer group said Lee would succeed Liew Hau Seng, who had announced his intention to retire effective March 31.
“I believe we have an exciting future ahead of us as we capture growth opportunities and harness synergies across our core businesses of construction, property, industry and infrastructure concessions.
“Our focus will remain on delivering our world-class expertise and products to our clients, as well as to deliver long-term growth and value creation for our stakeholders. I would like to thank Liew for his leadership at IJM over the years and will work closely with him during the transition period,” Lee said.
Chairman Tan Sri Krishnan Tan said: "The Board wishes to thank Liew for his leadership and invaluable contributions to the group while at the same time welcome Lee into his new role.”
“Lee’s appointment is the result of a robust succession planning process through which we expect a seamless transition. Lee is a seasoned executive with strong leadership qualities and a proven track record during his career at IJM, including overseeing the group’s growth strategies. We look forward to continued operational and financial success under Lee's leadership as the group enters the next chapter in its 40-year history,” Tan added.