JCorp names Syed Mohamed as president and CEO

by PRIYA VASU/ pic by TMR FILE

JOHOR Corp (JCorp) appointed Datuk Syed Mohamed Syed Ibrahim (picture) as its new president and CEO effective Jan 10, 2020.

He assumes the roles following the retirement of Datuk Kamaruzzaman Abu Kassim on Dec 31, 2019.

Syed Mohamed has over 34 years of experience and expertise in banking, corporate, real estate development, technology and business strategy. He holds a degree in economics (analytical economics) from University of Malaya.

“JCorp board members and employees welcome the appointment of Syed Mohamed as the new president and CEO of JCorp and are confident that he will continue to ensure JCorp’s relevance and sustainability in undertaking its role as a state development agent since more than five decades,” JCorp chairman and Johor Mentri Besar Datuk Dr Sahruddin Jamal said in a statement.

Prior to being appointed to the Johor state conglomerate, Syed Mohamed was the chairman of Felda Investment Corp Sdn Bhd; president and ED of Iskandar Waterfront Holdings Sdn Bhd; Encorp Bhd chairman; president and CEO of Iskandar Investment Bhd; TH Properties Sdn Bhd CEO; and group director of DRB-Hicom Bhd.

He began his career at Bank Bumiputera (M) Bhd and Bank Kerjasama Rakyat Malaysia Bhd before joining the Johor State Economic Development Corp (now JCorp) from 1989 to 1993.

He is also the chairman of Prasarana Integrated Development Sdn Bhd and a board member of the Sultan Ibrahim Johor Foundation and Tunku Laksamana Johor Cancer Foundation.