IJM Corp appoints Lee Chun Fai as group CEO, MD

KUALA LUMPUR: IJM Corporation Bhd has appointed Lee Chun Fai as its group chief executive officer (CEO) and managing director (MD) effective from April 1 this year.

Lee is currently the deputy CEO and deputy MD and will succeed Liew Hau Seng, who announced his intention to retire effective from March 31.

IJM chairman Tan Sri Krishnan Tan said Lee's appointment resulted from a robust succession planning process through which the company expects a seamless transition.

"The board wishes to thank Liew for his leadership and invaluable contributions to the company while at the same time welcoming Lee into his new role.

"Lee is a seasoned executive with strong leadership qualities and a proven track record during his career at IJM, including overseeing the company'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," he said.

Appointed from within the company – a testament to IJM's strong talent bench and succession planning – Lee, 52, was appointeddeputy CEO and deputy MD on April 6, 2015.

Throughout his 27 years of service with IJM, Lee held a variety of executive, operational and project leadership roles.

Currently, as deputy CEO and deputy MD, he heads the company's corporate strategy and investment department as well as the infrastructure division, comprising its toll and port operations.

"Lee has been instrumental in building the group's portfolio of local concession assets into the powerhouse it is today, with road concessions such as the New Pantai Expressway and Besraya.

"In addition, Lee has played a pivotal role in the stellar growth and success of Kuantan Port and the Malaysia-China Kuantan Industrial Park," IJM said.

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