Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.

Change In Principal Officer - Mr Yap Wai Yip

Back 23 Dec 2016
Date of change 01 Jan 2017
Age 59
Gender Male
Nationality Malaysia
Type of change Others
Designation Others
Description Appointment of Acting Group Chief Financial Officer

Fellow, Chartered Association of Accountants, UK Chartered Accountant, Malaysian Institutes of Accountants

Working experience and occupation

Yap Wai Yip is the Group Financial Controller of Axiata Group Berhad ("Axiata"), a recent appointment since his return from his overseas posting from 1 November, 2016. He was the Chief Financial Officer of Axiata's subsidiary, Robi Axiata Limited (Robi), Bangladesh a position he held from 14 April 2014 until 31 October 2016. Prior to his posting in Robi, he was Group Financial Controller of Axiata, a position he held since joining the Company in October 2008. He has also served as acting CFO of Axiata's Sri Lanka subsidiary, Dialog Axiata PLC in 2010 and acting CFO of Axiata from November 2010 to May 2011. Yap Wai Yip has over 32 years of working experience of which he spent more than 24 years in IT industry and for the last 8 years, in telecommunication. His roles covered Asia Pacific region, especially while in IT industry, covering all ASEAN countries, Greater China region, Korea, Japan, Australia/New Zealand and South Asia countries. He was the recipient of several awards from accounting professional body, regional shared services group and an IBM patent of an IT application.

Family relationship with any director and/or major shareholder of the listed issuer


Any conflict of interests that he/she has with the listed issuer


Details of any interest in the securities of the listed issuer or its subsidiaries

Save as disclosed below, Yap has no direct and/or indirect interest in Axiata or its subsidiaries. i) 476,983 ordinary shares of RM1.00 each in Axiata ("Axiata Shares") held through a nominee, Mayban Nominees (Tempatan) Sdn Bhd; and ii) 248,600 restricted share awards over Axiata Shares pursuant to Axiata Share Scheme


Remarks :

The appointment of acting Group Chief Financial Officer ("GCFO") is an interim arrangement prior to the appointment of Axiata's new GCFO


Announcement Info

Stock Name AXIATA
Date Announced 23 Dec 2016
Category Change in Principal Officer
Reference Number C04-19122016-00002