business

Yi-Lai appointed former government chief secretary as new director

KUALA LUMPUR: Tiles manufacturer Yi-Lai Bhd (YLB)) today announced the appointment of Tan Sri Dr Ali Hamsa as its new independent non-executive director as the company advances further in its strategic business transformation plan.

Ali Hamsa began serving at the Economic Planning Unit (EPU), Prime Minister's Department in 1997 and has held positions of director of distribution and deputy director-general of the National Transformation and Advancement Programme.

He last served as the 13th chief secretary to the government from 24 June 2012 until 28 August 2018.

"We are delighted to welcome the new appointee to the Board of Directors of Yi-Lai. Ali Hamsa is chosen based on his exceptionally rich blend of professional academic and corporate board experiences, which are all relevant to the needs of our board," YLB executive director Au Yee Boon said in a statement today.

"We are strongly convinced that his skills and connections in the government and private sector will no doubt add significant value to our quest to become a leading performer for local and regional investors with strong business prospects," Au said.

He said the appointment of Ali Hamsa signifies a step forward for the group as the company align its business aspirations for promising prospects ahead.

"He brings with him a vast experience in both the government and the private sector. We hope to be able to announce something exciting to the investment community in the near future following this development," Au said.

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