Johor Corporation (JCorp) announced the appointment of Datuk Syed Mohamed Syed Ibrahim as its new president and chief executive. In a statement, JCorp said his appointment effective yesterday was to fill the vacant position following the retirement of Datuk Kamaruzzaman Abu Kassim on December 31 last year.

Mohamed has over 34 years of experience and expertise in banking, corporate, real estate development, technology and business strategy.

The 62-year-old holds a degree in Economics (Analytical Economics) from University Malaya.

Johor Mentri Besar Datuk Dr. Sahruddin Jamal, who is also the JCorp chairman, said the conglomerate’s board members and employees welcomed the appointment of Syed Mohamed.

Mohamed had also served with the Johor State Economic Development Corporation, JCorp’s previous entity, from 1989 to 1993.

Prior to his appointment, Syed Mohamed was the chairman of Felda Investment Corporation; Iskandar Waterfront Holdings Sdn Bhd president and executive director; Encorp Bhd chairman; Iskandar Investment Bhd president and chief executive officer; TH Properties Sdn Bhd chief executive officer and DRB-Hicom group director.

Mohamed is currently the Prasarana Integrated Development Sdn Bhd chairman and is a board member of the Sultan Ibrahim Johor Foundation and the Tunku Laksamana Johor Cancer Foundation.

Photo Credit: The Edge Markets