Bion PLC Senior Management Appointments (4653S)
09 Julio 2020 - 1:00AM
UK Regulatory
TIDMBION
RNS Number : 4653S
Bion PLC
09 July 2020
9 July 2020
BiON plc
("BiON" or "the Company")
Senior Management Appointments
BiON (AIM: BION), one of Malaysia's most established
environmental engineering and renewable energy solutions providers,
is pleased to announce the following senior management appointments
with immediate effect.
Syed Nazim bin Syed Faisal, Chief Executive Officer
Mr. Syed Nazim bin Syed Faisal has been appointed as the Chief
Executive Officer ("CEO") of the Company. Syed Nazim joined the
Company as Finance Director and an Executive Director on 25
September 2018 and assumed the role of acting CEO on 31 January
2020 following the departure of his predecessor. Alongside his
commitments to the Company, Syed Nazim was the Group Chief
Financial Officer of Serba Dinamik Group ("Serba"), an
international energy services group and a controlling shareholder
of the Company. Earlier this month, Syed Nazim stepped down from
his position as Group Chief Financial Officer of Serba to enable
him to dedicate his time to being CEO of BiON. Syed Nazim remains
an Executive Director of Serba.
Fakrizzaki Ghazali, Chief Financial Officer
Mr. Fakrizzaki Ghazali, who brings over 17 years' capital
markets experience with a focus on investment advisory, fund
management and credit analytics, has been appointed as the Chief
Financial Officer ("CFO") of the Company. Following the departure
of the previous CFO at the end of October 2019, this role had been
performed by Syed Nazim, with support from the Company's Financial
Controller. Prior to joining BiON, Fakrizzaki's positions have
included Head of Fixed Income at SEDCO Capital, a global asset
management firm providing Shariah-compliant investment
opportunities primarily in Saudi Arabia; Credit Strategist at RHB
Investment Bank, the largest investment bank in Malaysia by assets;
as well as roles at CIMB Private Bank and Malayan Banking Berhad's
asset management arm. Fakrizzaki, who is a certified public
accountant of Malaysia, is not being appointed to the Board of
Directors at this time.
Halian Fadzli Shah, Chief Administrative Officer
Mr. Halian Fadzli Shah has been appointed as the Chief
Administrative Officer ("CAO") of the Company, with responsibility
for managing day-to-day operations including sales, marketing and
human resources. Halian previously spent over 10 years as Legal
Counsel at PETRONAS, a Malaysian oil and gas company that is one of
the largest corporations in the world. During this time, he advised
on various activities such as dispute resolution, procurement,
upstream and downstream operations, including acting as Head of
Legal for PETRONAS' Vietnamese subsidiary in Ho Chi Minh City.
Halian also served in the office of the former Minister of Youth
and Sports Malaysia as a Special Functions Officer. Halian, a
qualified lawyer who holds a Master of Philosophy in Environmental
Policy from University of Cambridge and a Post-Graduate Diploma in
Sustainable Urban Development from University of Oxford, is not
being appointed to the Board of Directors at this time.
Dato' Dr. Ir. Ts. Mohd. Abdul Karim Abdullah, Chairman of BiON,
said:
"We are very pleased to appoint Syed Nazim as the CEO of BiON.
Since he joined the Company, he has been instrumental in resetting
the strategy and enabling the business to return to growth. We are
also thrilled to welcome Fakrizzaki and Halian to BiON, who both
bring significant business experience of the highest calibre. With
Syed Nazim at the helm and aided by his new counterparts, they form
an outstanding senior management team. With their skills and
experience, combined with our solid foundations in environmental
engineering, we are well positioned to target the substantial
opportunities in the renewable energy market in Malaysia to enable
BiON to achieve sustained growth and advance to the next stage of
our development. We are extremely excited for the future and look
forward to reporting on our progress."
The information contained within this announcement is considered
to be inside information prior to its release, as defined in
Article 7 of the Market Abuse Regulation No.596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
Enquiries:
BiON plc
Syed Nazim bin Syed Faisal, CEO +603 6413 1085
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish, Felicity Geidt +44 20 7628 3396
Optiva Securities Limited (Broker)
Vishal Balasingham +44 20 3137 1903
Luther Pendragon (Financial PR Adviser)
Claire Norbury +44 20 7618 9100
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END
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