KUALA LUMPUR: Syed Md Najib Syed Md Noor is stepping down as Pos Malaysia Bhd
’s group chief executive officer (CEO) with effect from June 1, 2021 after serving the company for close to three years.
In a filing with Bursa Malaysia, Pos Malaysia said Syed Md Najib was appointed in October 2018, when there was a structural decline in mail volume and a major shift in consumer behaviour towards consumption products, preferring to use digitally-abled platforms.
Under Syed Md Najib’s stewardship, various initiatives were employed and the success of which, amongst others, was the achievement of the integral postal tariff rebalancing, which was only the second tariff increase in 28 years.
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