Axiata announces Amrit Kaur as Board Member, appointment to further strengthen Group’s strong corporate governance

Kuala Lumpur, July 2, 2024 -- Axiata Group Berhad (“Axiata” or “the Group”) continues to strengthen its board leadership with the appointment of Amrit Kaur, as an Independent Non-Executive Director (“INED”) effective 1 July 2024. Amrit Kaur will also be appointed as a member and Chair of the Board Audit Committee.

Amrit, 63, has had an illustrious career, with over 30 years of experience in regulatory compliance, financial advisory, risk management and contributing to sustainable quality assurance practices. She began her auditing career in Arthur Anderson in 1989. Amrit then joined PwC Malaysia, rising to helm various management and partnership positions including global leadership roles.

Over the course of her career, Amrit has led various engagements, advising some of Malaysia’s largest public listed institutions in various projects ranging from mergers acquisitions, Generally Accepted Accounting Principles to International Financial Reporting Standards implementations.

She is a Chartered Accountant with the Malaysian Institute of Accountants and a Certified Public Accountant under the Malaysian Institute of Certified Public Accountants.

Commentaries

Tan Sri Shahril Ridza Ridzuan, Chairman of Axiata, said, “We’re pleased to welcome Amrit Kaur to our Board of Directors. Her extensive experience in audit and governance will contribute significantly to the Board's strategic, operational, and financial expertise. Axiata, in our journey towards becoming the Next Generation Digital Champion, will continue to add diverse skillsets and knowledge to our Board. With our current experienced Board line-up, the Group will continue to strengthen our commitment to value creation and operational excellence.”

“The Board would also like to thank Thayaparan S Sangarapillai for his role as Independent Non-Executive Director over the past nine years, as well as Chair of the Board Audit Committee. His thoughtful insights and numerous contributions have been invaluable, and we are grateful that he will continue his tenure as a Non-Independent Non-Executive Director during the gradual handover period to Amrit.”

Vivek Sood, Group Chief Executive Officer and Managing Director, said “With her extensive experience in energy, telecommunications and media, Amrit’s appointment adds further strength to the Board as we evolve to become an integral player in the region’s digital and technology ecosystem. We are confident that her expertise in corporate governance, regulatory compliance and financial advisory will strongly support the Group’s continued efforts in high quality reporting and ability to balance sustainable business growth with profitability.”

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About Axiata

In pursuit of its vision to be The Next Generation Digital Champion, Axiata is a diversified telecommunications and digital conglomerate operating Digital Telcos, Digital Businesses and Infrastructure businesses across a footprint spanning ASEAN and South Asia.

The Group has controlling stakes in market-leading mobile and fixed operators in the region including 'XL' and 'Link Net' in Indonesia, 'Dialog' in Sri Lanka, 'Robi' in Bangladesh, 'Smart' in Cambodia, while 'CelcomDigi' in Malaysia is a Key Associate Company. Axiata's regional digital business verticals comprise 'Boost' a fintech company, and 'ADA', a digital analytics and AI company. 'EDOTCO' is among the top 10 independent TowerCos globally, operating in nine countries to deliver telecommunications infrastructure services.

As a committed and long-term investor, the Group actively supports and drives young talent development; community outreach; as well as climate change initiatives. Axiata's broader goal of Advancing Asia aims to piece together the best in the region in terms of innovation, connectivity and talent to drive digital inclusion and sustainable progress across our markets. Find out more at www.axiata.com

Issued By:
Corporate Communications
Axiata Group Berhad
Axiata Corporate Headquarters, Axiata Tower,
9 Jalan Stesen Sentral 5, Kuala Lumpur Sentral
50470 Kuala Lumpur
For further information on Axiata visit www.axiata.com

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