Telekom Malaysia CEO appointment deferred at the request from Prime Minister’s Office

Telekom Malaysia Bhd (TM) says its chairman Rosli Man had received a request from the Prime Minister’s Office (PMO) to defer the appointment of the group’s chief executive officer (CEO).

In a filing with Bursa Malaysia today, TM said the chairman had informed the board of the PMO’s request early March 2019.

“We believe that it is good corporate governance to engage key stakeholders including the PMO,” it said in response to an article titled “Telekom CEO Stand-Off” in The Edge Financial Daily today.

The report quoted sources as saying that Rosli had refused to proceed with the appointment of acting CEO Imri Mokhtar as its CEO, despite the decision to approve Imri’s appointment by TM’s special shareholder, the Minister of Finance Inc.

TM said its board of directors had recommended the appointment of Imri as MD/GCEO to the Ministry of Finance (MOF).

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