Due to family reasons, Hassan Basma, the CEO and executive director of Bumi Armada Berhad, has requested for an early release of his contract of employment. The board of directors of Bumi Armada has agreed to Basma’s request, and Basma will relinquish his positions as CEO and executive director with effect on Jan. 1, 2015. Basma also will relinquish his directorships in other companies within Bumi Armada Group with effect on the same date. Basma will continue to be engaged as a consultant to the company on specific projects.
The board has initiated steps to search for a new CEO with in-depth relevant experience in the offshore and marine services industry.
Pending the appointment of a new CEO, the board has announced that Chan Chee Beng, a member of the board since 2003, has been redesignated as executive director and acting CEO, with effect on Jan. 1, 2015. Chan also has been a member of the executive committee of Bumi Armada since 2008, acting as its chairman since 2013.
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