KUALA LUMPUR, 30 January – Adnan Mohammad, the 54-year old Managing Director of Faber Group Berhad (FGB) has opted for an early retirement from his contract which is scheduled to end on 31 March 2014 to pursue his own interests and opportunities. His departure is effective 31 January 2014.

In the interim and effective 1 February 2014, the Board of FGB has re-designated Azmir Merican, the Group Chief Operating Officer, Business Units of UEM Group Berhad (UEM Group) as Executive Director where he will assume the full authority, duties and functions of the Managing Director of FGB.

Before joining UEM Group in October 2012, 43-year old Azmir was the Group Chief Executive / Managing Director of AWC Berhad, a listed entity on the Main Market of Bursa Malaysia Securities Berhad and a provider of engineering services and solutions, and integrated facilities management in Malaysia, Singapore and the Middle East. Prior to AWC, he was attached at CIMB Investment Bank where Azmir was part of the team that established the bank’s private equity business. He was involved in fund structuring and fund raising, investment evaluation and structuring, monitoring and execution of divestment plans.

Azmir started his career as an investment analyst and later worked as a manager in the financial advisory arm of PricewaterhouseCoopers. His corporate advisory experience includes dealings with corporations, multinationals and institutions involved in construction and engineering, real estate development, plantations, manufacturing, oil and gas, venture capital, fund management and stockbroking.