Bumi Armada Berhad announced the re-designation of Mr. Chan Chee Beng from chief executive officer to Non Independent and Non Executive Director, effective from May 16, 2016. Mr. Chan has more than 37 years of experience in investment banking, financial management and accounting stints with Ernst & Young and Morgan Grenfell & Co. Ltd. prior to joining the Usaha Tegas Sdn Bhd (UTSB) Group in 1992 as head of corporate finance.

He is presently an executive director of UTSB and serves on the boards of several other companies in which UTSB has significant interests, such as Binariang GSM Sdn Bhd among others.