KUALA LUMPUR (Oct 21): Malakoff Corp Bhd (KL:MALAKOF) announced the resignation of its chief financial officer (CFO) Mohd Nazersham Mansor, after nine years in the role.

His resignation, effective Nov 30, is to pursue other opportunities, the independent power producer, which is part of MMC Group, said in a statement on Wednesday.

Deputy CFO Nurshazwani Abd Malek will step in on an interim basis from Dec 1, said Malakoff.

Mohd Nazersham, 53, was appointed CFO on Dec 1, 2017.

He previously served as general manager of MMC Group and CFO of MMC Port Holdings Sdn Bhd. He has about 20 years of experience in accounting, financial management, taxation, treasury and corporate finance.

Separately, Malakoff has appointed Aznita Abdul Aziz as an independent non-executive director, effective Wednesday.

Aznita brings about 26 years of experience in the oil and gas industry, primarily within the PETRONAS group of companies, spanning risk management, strategic planning, portfolio management, treasury operations and economic evaluation.

She is currently an independent non-executive director of Steel Hawk Bhd (KL:HAWK). 

Shares of Malakoff closed half a sen or 0.66% lower at 75 sen on Wednesday, giving the group a market capitalisation of RM3.75 billion.