KUALA LUMPUR: Integrated steel manufacturer Malaysia Steel Works (KL) Bhd has appointed Datuk Syed Mohamed Syed
Ibrahim, as the independent and non-executive chairman, effective March 1, 2024.
Syed Mohamed brings over 40 years of experience leading prominent organisations across various industries, driving sustainable growth globally and in Malaysia.
His expertise spans banking, real estate development, technology, and business strategy.
He currently serves as the president and chief executive of Johor Corporation and chairman of JLand Group.
Masteel, in a statement, said Syed Mohamed’s proven track record of driving profitability, fostering strategic partnerships, and spearheading transformational corporate enterprises positions him as an ideal leader to guide Masteel in its next growth phase.
Furthermore, his emphasis on strong business fundamentals and far-sighted leadership are expected to herald a new era of dynamism for Masteel.
Syed Mohamed’s commitment to sustainable business growth will be reflected positively in Masteel’s future operations and strategies as the company reinforces its position as the country’s leading ultra-low-carbon steel manufacturer, championing sustainable and environmentally responsible business practices.