M1 Limited (M1) announced today that Ms Karen Kooi Lee Wah 64, will retire as Chief Executive Officer (CEO) on 6 December 2018, after 23 years with the Group, to pave the way for leadership renewal.
“It has been my privilege and honour to witness and build on M1’s growth since its early beginnings, together with a capable and dedicated management team. I would not have accomplished as much without the team. After having spent 23 years with the Company, it is time for me to hand over the mantle. M1 is well-positioned for the next phase of growth and I am committed to working closely with the Board and Manjot to ensure a smooth transition,” said retiring incumbent M1 CEO, Karen Kooi.
She will be succeeded by telco veteran Manjot Singh Mann who will join as its new CEO on the same date.
“On behalf of the Board of Directors, Management and staff of M1, I would like to express our gratitude and appreciation towards Karen for her dedication, service and invaluable contributions to the M1 Group in the last 23 years. We wish Karen well in her retirement,” said Danny Teoh, Chairman of M1.
Pending developments related to Konnectivity’s pre-conditional offer for M1 shares, Karen Kooi will remain on the Board as a Director of M1 Limited.
She will also remain as advisor to the Board till 28 February 2019 to ensure a smooth transition.
Manjot Singh Mann brings with him over 28 years of well-rounded operational leadership experience across diverse geographical markets and a unique blend of insights and perspectives in the rapidly evolving telecommunications industry.
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