Sunday 12 May 2024
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KUALA LUMPUR (Aug 3): Malaysian Pacific Industries Bhd has named Manuel Zarauza Brandulas as its new managing director (MD) to succeed Peter Nigel Yates, who will be retiring, from Aug 8.

According to the semiconductor player's bourse filings, 45-year-old Brandulas joined HLMG Management Co Sdn Bhd, a related company, as its MD in 2015.

"He brings with him 22 years of working experience across various manufacturing sectors," it said.

Prior to joining HLMG, he was with Seoul Semiconductor as its MD, and during his five-year stint in Seoul Semiconductor, he was instrumental in driving the company to achieve its first US$1 billion (RM4.05 billion) worldwide revenue.

Brandulas holds a master in business administration from the University of Bath in the United Kingdom, besides a master degree in leadership and organisation from Madrid's Instituto de Ia Empresa.

Meanwhile, Yates, 60, has been the group's MD since Nov 1, 2009.

MPI rose two sen or 0.25% to settle at RM8.07 today, for a market capitalisation of RM1.61 billion. Year to date, the counter has declined 13.32%.

 

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