Kuching (Sarawak), Friday, 29 December 2017 – Cahya Mata Sarawak Berhad (CMSB) today confirmed that Dato’ Richard Curtis will retire from his position as Group Managing Director on 31 December 2017 and will remain as a Non-Independent Non-Executive Director on the CMSB Board and several of its subsidiary companies until 31 December 2018. Further to this change in the boardroom, is the re-designation of Dato Isaac Lugun to Group Chief Executive Officer – Corporate and the re-designation of Mr Goh Chii Bing to Group Chief Executive Officer – Operations who were both appointed to their current positions on 1 August 2017.
Y A M Tan Sri Dato’ Seri Syed Anwar Jamalullail, CMSB’s Group Chairman, said: “On behalf of everyone at CMS, I would like to thank Dato’ Richard for his stewardship and commitment to the company for over 11 years. Dato’ Richard’s legacy will be his pioneering leadership and the transformational role he played in implementing the company’s long-term strategic plan to expand and diversify CMSB’s business portfolios, notwithstanding challenging global economic pressures, which has enabled our businesses to grow and prosper. The continuity plan we have installed, which includes the retention of Dato’ Richard as a Non-Independent Non-Executive Director, will ensure the company’s smooth and undisturbed transition as it meets new challenges and achieves new milestones.
“It is this high performing team that Dato Isaac Lugun and Mr Goh Chii Bing will take over on 1 January 2018 as Group Chief Executive Officer – Corporate and Group Chief Executive Officer – Operations, respectively. Between them, Dato Isaac and Mr Goh have over 45 years’ experience with CMSB, with both having worked closely with Dato’ Richard to deliver on our unprecedented decade of growth. This intimate understanding of CMSB’s businesses, shared belief in the company’s direction, proven track-record and profound business acumen should serve to reassure all our stakeholders that our continued trajectory as a high performing will not be disrupted.”
Speaking about his tenure as Group Managing Director of CMSB, Dato’ Richard Curtis, said: “Our transformation over the last 11 years to become a company firmly ranked in the top 100 Bursa listed companies with steadily upward trending profits growth, resilience in the face of headwinds and an exciting portfolio of businesses strategically focused on the Sarawak Growth Story, has been well documented. What I personally look back on with pride is that amongst these achievements has been an enhanced commitment to our stakeholders, namely our staff, shareholders, customers and especially our community. This has involved a holistic approach to our businesses ensuring we work as a respectful ally to the State to support its development. We have sought always to take both a long-term view in our strategies and to operate as a values-based company in what we do, whether it involves sustainable business practises, the environment, CSR activities, innovation or investing for the future, such as we did with our new cement plant and terminals. A heartfelt personal thank you must also go to our amazing employees, many of whom have been with us over 30 years, and to everyone who has been a part of our CMSB journey to date. As our new leadership team takes on the mantle of steering CMSB onwards and upwards, I am optimistic and excited about the potential of both CMSB and of Sarawak in the future.”
Cahya Mata Sarawak Berhad has evolved from a single product manufacturer of cement beginning in 1974 to become a corporation focused on its Vision “To be the PRIDE of Sarawak & Beyond.” Today, the company’s portfolio spans over 35 companies involved in cement manufacturing, construction materials, trading, construction, road maintenance, property development, financial services, smelting, telco infrastructure, education and services.