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Former Aircel CEO steps down from Maxis board

August 7, 2018 1:30 PM
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PETALING JAYA: Maxis Bhd non-executive director Kaizad B. Heerjee has stepped down from his post after the telco was allegedly embroiled in illegal money trails in India.

Kaizad, a Singapore national, was India’s Aircel Ltd CEO. He quit the debt-ridden firm last May.

In a filing with Bursa Malaysia, Maxis said Kaizad’s resignation was due to personal reasons.

Besides Maxis, it was reported last month that India’s Central Bureau of Investigations had filed a fresh charge sheet on several local tycoon Ananda Krishnan-controlled companies, including Bumi Armada and Bumi Armada Navigations (Malaysia) in relation to two illegal payments in the Aircel-Maxis case.

Maxis and Bumi Armada, however, clarified that they had not been served with any documents regarding the charge sheet.

According to Maxis’ latest annual report, Kaizad has more than 20 years of international senior management and leadership experience in the private and public information and communication technology sectors across Singapore, Hong Kong, Indonesia, the Philippines, Europe and Malaysia.

In a separate filing, Maxis also announced the departure of another non-executive director Naser Abdulaziz A. AlRashed, citing personal reasons.


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