This article first appeared in The Edge Financial Daily, on February 16, 2016.

KUALA LUMPUR: Azman Shah Mohd Yusof, a former chief executive officer (CEO) of Integrax Bhd, is tipped to be the next group managing director of NCB Holdings Bhd, sources told The Edge Financial Daily.

The position was left vacant by Abi Sofian Abdul Hamid, who resigned on Jan 21.

Azman, 47, is no stranger to the port business, having been the CEO of Integrax from Aug 28, 2014 to October last year. Tenaga Nasional Bhd took over Integrax, the owner and operator of Lumut Port comprising Lumut Maritime Terminal and Lekir Bulk Terminal last year, holding a 97.53% stake.

Azman was first appointed to Integrax’s board of directors on May 6, 2011 as an independent non-executive director, and was redesignated as executive director on April 2, 2012, and then as CEO on Aug 28, 2014.

Prior to this, Azman was the head of marketing and corporate services at Bolton Bhd (now known as Symphony Life Bhd), a property development company, overseeing the marketing and corporate services including corporate planning and strategy, communications, branding, marketing and customer relations.

Azman has more than 10 years of experience serving the government, holding various senior positions at Bank Negara Malaysia and Pengurusan Danaharta Nasional Bhd.

NCB, which owns Northport (Malaysia) Bhd and Kontena Nasional Bhd, saw several boardroom changes recently, including the appointment of former Petronas president and chief executive officer Tan Sri Shamsul Azhar Abbas as chairman, following the exit of AmanahRaya Trustees Bhd and Permodalan Nasional Bhd (PNB) as the group’s shareholders.

MMC Corp Bhd had completed the acquisition of a 53.42% stake in NCB from PNB and AmanahRaya Trustees for RM1.11 billion or RM4.40 per share.

The total NCB shares held by MMC as at Jan 20 stood at 96.88%.