Axiata Group Berhad, (Axiata), was announced the newest addition to its Board of Directors, Mr Muhamad Chatib Basri, who is a Senior Lecturer of the Department of Economics at the University of Indonesia and Research Associate at Institute for Economics and Social Research Indonesia. Mr Basri joins as an Independent Non-Executive Director.
The appointment is part of Axiata’s ongoing efforts to strengthen its board whilst at the same time ensuring, international diversity at management and board level continues.
Mr Basri, who holds a PhD in Economics from the Australian National University, is one of Indonesia’s most respected economists with an illustrious career spanning nearly 20 years.
He has served in several high profile posts which include Vice Chairman for the National Economic Committee under President Susilo Bambang Yudhoyono, member of the Asia Pacific Regional Advisory Group of the International Monetary Fund (IMF) as well as a consultant with the World Bank.
Alongside this he also has strong business experience, having served as an Independent Commissioner for PT Astra International, one of Indonesia's largest diversified conglomerates, as well as a member of the Asia Pacific Advisory Board to Toyoto Motor Corporation.
Axiata is one of the largest Asian telecommunication companies, focused on high growth low penetration emerging markets. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India, Singapore and Iran. India and Indonesia are amongst the fastest growing markets in the world. In addition, the Malaysian-grown holding company has stakes in non-mobile telecommunication operations in Thailand.
The Group’s mobile subsidiaries and associates operate under the brand name ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘HELLO’ in Cambodia, ‘Idea’ in India, ‘M1’ in Singapore and ‘MTCE’ in Iran (Esfahan).
The Group’s mobile subsidiaries and associates operate under the brand name ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘HELLO’ in Cambodia, ‘Idea’ in India, ‘M1’ in Singapore and ‘MTCE’ in Iran (Esfahan).
The Group, including its subsidiaries and associates, has over 130 million mobile subscribers in Asia. The Group revenue for 2009 was RM13.1 billion. The Group provides employment to over 25,000 people across Asia.
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