It seems that there will be a "swap" between the top management of Perodua and UMW Toyota Motor, the sole importer and distributor of Toyota and Lexus vehicles in Malaysia.
Perodua's current Managing Director Datuk Syed Hafiz Syed Abu Bakar's contract with Perodua is expiring by the end of this year. Word on the street is that UMW Toyota's current Executive Director of Strategic Marketing Hj. Aminar Rashid Salleh will be Datuk Syed Hafiz's successor.
Both UMW Toyota and Perodua are affiliated companies within the larger UMW group umbrella. UMW Holdings is the largest share holder of Perodua, at 38%. UMW Corporation is the main shareholder of UMW Toyota, at 51%.
Prior to joining Perodua, Datuk Syed Hafiz was formerly attached to Exxon (now known as ExxonMobil) before moving to UMW to head Penzoil and Kayaba operations.
original article: autoindustrie
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