Dato’ Tunku Shazuddin Ariff

Dato’ Tunku Shazuddin Ariff Joins Naza Italia As Chairman

KUALA LUMPUR, 17th April 2018 – Naza Italia Sdn Bhd, a subsidiary of Naza Corporation Holdings, is pleased to announce the appointment of YTM Dato’ Tunku Shazuddin Ariff Ibni Sultan Sallehuddin to its Board of Directors as the company’s Chairman.

SM Nasaruddin SM Nasimuddin, Group Executive Chairman/CEO, Naza Corporation Holdings said, “Tunku Shazuddin brings with him a wealth of knowledge and expertise that we firmly believe will add value, instill good corporate governance practices and provide effective leadership to steer Naza Italia towards achieving long-term success and deliver sustainable value to the Automotive Group.”

“Tunku Shazuddin will be the key advisor on strategic direction to elevate Naza Italia as the official distributor of Ferrari and Maserati in Malaysia and continue to be a top dealer in Southeast Asia. The Naza Group extends its warmest welcome to Tunku Shazuddin to its Board of Directors,” he added.

His career portfolio encompasses valuable experience in the public and private sectors, having worked with local and international companies. It was in 2005 that he formed his own corporate agency which led to his appointment as the major shareholder for both Rethink Sdn Bhd and Reka 3 Sdn Bhd. He also provides consultancy services to various state and government departments on acquisition of new technologies and funding for agricultural and tourism activities, in addition to providing insights and counsel as a valued Board Member for several companies.

Currently, Tunku Shazuddin serves as Director of Seri Libana Sdn Bhd and Executive Chairman of Berjaya Food Berhad.

Tunku Shazuddin graduated from Kansas Wesleyan University with a major in design and marketing.

Additionally, Groupe PSA the joint venture partner of Naza Corporation Holdings also announced Laurence Noël as Chief Executive Officer of the Naza Automotive Manufacturing (NAM) plant in Gurun, Kedah.

Apart from Chief Executive Officer of NAM, Laurence Noël was appointed Groupe PSA’s Senior Vice President, ASEAN effective 1st May 2018. She will report to Carlos Gomes, Executive Vice President, China & Southeast Asia.

In her new position based in Kuala Lumpur, she will be tasked primarily with accelerating the Group’s development in Southeast Asia, as announced in the Group’s ‘Push to Pass’ plan in 2016.

Groupe PSA, a global automotive player and the second largest carmaker in Europe and Naza Corporation Holdings signed a share sale agreement and a joint venture agreement in February 2018, officially establishing shared operation of the Naza Automotive Manufacturing (NAM) plant in Gurun, Kedah, as the first manufacturing hub in ASEAN for Groupe PSA.