SHAH ALAM: Veteran shipbuilder Ahmad Yusof Mohamad,65, has been appointed as the chief executive officer of TH Heavy Engineering Bhd (THHE) effective February 1, the company, a subsidiary of Urusharta Jamaah Sdn Bhd announced in a statement.
NST reported that THHE said
as an independent non-executive director since March 2021 and chairman of executive committee since October 2021, Ahmad Yusof haf been instrumental in driving the company’s vision, strategic direction, policies and structure.
“He has been spearheading the company’s efforts to strengthen its financial position and prospects in line with its regularisation strategy,” it said in a statement.
THHE said Ahmad Yusof brought more than 40 years of technical and managerial experience at various levels in the fields of shipbuilding, ship repair and oil and gas (O&G)
Prior to joining THHE, the company said Ahmad Yusof held various leadership roles including chief operating officer of Grade One Marine Shipyard Sdn Bhd, chief executive officer of MSET Shipbuilding Corporation Sdn Bhd and head of operation at Muhibbah Marine Engineering Sdn Bhd.
He also served at PSC Naval Dockyard Sdn Bhd, Penang Ship & Construction Sdn Bhd as well as Malaysia Shipyard and Engineering Sdn Bhd.
He holds a Bachelor of Science (Engineering Management) and a Master Degree of Art Business Administration.
He is also a member of The Society of Naval Architects and Marine Engineers, USA, and a member of The American Welding Society.
“We are confident that his extensive experience and capabilities as a professional veteran in the industry will bode well for the company as we move forward in our strategic plans and tap into viable opportunities ahead,” THHE said.
Ahmad Yusof’s appointment as CEO of THHE is clearly an indication that the company wants to pursue shipbuilding in its future undertaking. If you forget, THHE is the builder of the three MMEA OPV of which the first one has yet to be launched. THHE’s future has been questioned recently as it was suspended by Bursa Malaysia for the company’s financial status.
I met the new THHE CEO way back in 2002 in Lumut when he was the senior general manager of PSC Naval Dockyard Sdn Bhd which was given the contract to build the six NGPVs, now known as the Kedah class in the RMN. He later went to Grade One Marine Shipyard Sdn Bd, also located in Lumut after the NGPV programme went haywire mostly to the fault of the PSC-NDSB owner, Amin Shah.
Lets hope Ahmad Yusof will be able to ensure at least the completion of the three OPV under contract, within this year before anything else.
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