Malakoff Corp Bhd has named Syahrunizam Samsudin as its new group chief executive officer (CEO), effective Sept 1, 2025. He succeeds Anwar Syahrin Abdul Ajib, who is stepping down after nearly five years at the helm, having joined the company as managing director and group CEO in December 2020. The appointment confirms a report by The Edge Weekly (July 28–Aug 3) that Syahrunizam was in discussions with Malakoff for the top role.
Malakoff is Malaysia’s largest independent power producer, with an installed capacity of 6,953MW, and a growing renewable energy portfolio of 173MW. Through its subsidiary Alam Flora Sdn Bhd, the group is also a leading waste management operator.
Beyond Malaysia, Malakoff has power generation and water desalination operations in Saudi Arabia, Bahrain, and Oman. The company is 38.45%-owned by MMC Corp Bhd, the flagship of tycoon Tan Sri Syed Mokhtar Albukhary. At the close of trading on Thursday, Malakoff’s shares slipped 1.5 sen or 1.58% to 93.5 sen, valuing the company at RM4.65 billion.
