PETALING JAYA: Khazanah Nasional Bhd’s executive director for investment Datuk Hisham Hamdan (pic) has been appointed as the new chairman of UDA Holdings Bhd, a Finance Ministry-owned property development company.

The Entrepreneur Development Ministry said in a statement yesterday that Hisham’s appointment as the chairman of UDA Holdings was effective from Feb 28.

Hisham possesses 28 years of experience in various corporate structures globally such as property development, healthcare, investment as well as energy and utility.

The ministry also announced the appointment of UDA Holdings’ three new board members to replace previous directors whose service tenure has ended.

The new board members are Datuk Mohd Rafee Mohamed, Datuk Rosli Dahlan and Mohamad Subki Ahmad. Their appointment to the board is also effective from Feb 28.Mohd Rafee is a fellow of the Royal Institution of Surveyors Malaysia and is a member of the Royal Institution of Chartered Surveyors. Meanwhile, Rosli is an advocate and solicitor of the High Court and he also serves as a lawyer for the Federal Territory Syariah Court. 

Mohamad Subki, on the other hand, has extensive experience in property development and is also involved with the Board of Architects Malaysia, the Malaysian Institute of Architects and the Malaysian Institute of Interior Designers.

“The Entrepreneur Development Ministry welcomes the appointment of the new chairman and the three new board members of UDA Holdings into the company’s leadership and the ministry is confident that their vast experience in the property development, legal, architecture and quantity surveying fields will provide motivation and inspiration for UDA Holdings to continue excelling and to meet its responsibilities,” said the ministry.