Lugun and Goh assume top positions at CMS
KUALA LUMPUR: Datuk Isaac Lugun and Goh Chii Bing will assume the top two positions at Cahya Mata Sarawak Bhd (CMS) as part of the succession plan in preparation for the retirement of group managing director Datuk Richard Curtis on Dec 31.
Lugun, 60, head of the Samalaju development division, has been appointed group chief corporate officer effective Aug 1, CMS said in a filing with Bursa Malaysia.
Goh, 56, head of the group’s cement division, will become chief operating officer from the same date. Both will be understudying the group managing director, according to the announcement.
After retiring, Curtis will remain as non-executive director until the end of 2018.
CMS group chairman Tan Sri Syed Anwar Jamalullail noted that between them, Isaac and Goh had over 45 years with CMS, “working closely with Datuk Richard and the board of directors to deliver on our unprecedented decade of growth.”
“This intimate understanding of CMS’s businesses, shared belief in the company’s direction, proven track record and profound business acumen means absolute continuity that we can leverage on as we usher in a new era of leadership.
“The board is delighted to see Datuk Isaac and Mr Goh taking these top-two positions because we know them, their qualities, expertise and capabilities.”
Lugun joined CMS in 1996, prior to which he worked at Petroliam Nasional Bhd and ExxonMobil in various senior management roles.
Goh, before moving to CMS in 1992, held various positions as a manager and mining engineer in asphalt industries, coal and mining companies in New Zealand.
Syed Anwar also thanked Curtis for his hard work and commitment to the company over the last 11 years.
He said Curtis played a big role in implementing the company’s 10-year strategic plan to expand and diversify CMS’s business portfolios, allowing CMS to lay solid foundations for growth and realise the company’s full potential, while always playing an active role in the community.
CMS’ portfolio spans over 35 companies involved in cement manufacturing, construction materials, trading, construction, road maintenance, property development, financial services, smelting, telco infrastructure, education and services.