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Sime Darby Property Announces New Chairman of the Board

ARA DAMANSARA, 23 July 2018 –Sime Darby Property Berhad is pleased to announce the appointment of Tan Sri Dr. Zeti Akhtar Aziz as the first woman chairman of the board.

Tan Sri Dr. Zeti, presently the Group Chairman of Permodalan Nasional Berhad (PNB) and appointed member of the Council of Eminent Persons, will assume chairmanship effective 23 July 2018. She replaces Tan Sri Dato’ Sri Abdul Wahid Omar who resigned from the board on 30 June 2018.

“We are honoured and pleased to welcome Tan Sri Dr. Zeti to the board of Sime Darby Property. Her presence reaffirms PNB’s commitment to Sime Darby Property and our transformation journey. We look forward to work under the Chairmanship of Tan Sri Dr. Zeti in moving the company forward and to deliver value to our stakeholders,” said Amrin Awaluddin, Group Managing Director of Sime Darby Property.

Tan Sri Dr. Zeti has impeccable credentials and a wealth of experience. She was the 7th Governor of Bank Negara Malaysia from year 2000 to 2016. She led the Central Bank in successfully implementing the selective exchange controls to restore stability and promote economic recovery in Malaysia. She has been with Bank Negara Malaysia since 1985.

Tan Sri Dr. Zeti graduated from the University of Malaya with a Bachelor of Science Degree in Economics. She then pursued her PhD from the University of Pennsylvania, specialising in Monetary and International Economics.

Sime Darby Property Berhad has also appointed Datin Norazah Mohamed Razali, who is currently one of the company’s Independent Non-Executive Directors, as the new Chairman of the Nomination and Remuneration Committee (NRC). Datin Norazah replaces Datuk Rohana Tan Sri Mahmood who resigned from the board on 30 June 2018.

***ENDS***

About Sime Darby Property Berhad

On the back of a successful 45-year track record of developing sustainable communities, Sime Darby Property has to date built 23 active townships/developments with a global reach that encompasses assets and operations across the Asia Pacific region and the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station project in central London.

Sime Darby Property is a multiple award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 8th consecutive Gold at the Putra Brand Awards 2017 and its 5th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.

For more information, log on to www.simedarbyproperty.com

MEDIA CONTACT:
Ahmad Shahriman Johari

Head, Corporate Communications
Sime Darby Property Berhad
E-mail: shahriman.johari@simedarby.com
Mobile: 019 – 333 8320

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