Far East Holdings Berhad announced the redesignation of DATO' SRI KAMARUDDIN BIN MOHAMMED, Aged 75, from Group Executive Chairman to Non Independent and Non Executive Chairman. Date of change is January 01, 2024. Qualifications: Degree in Business, Universiti Teknologi Mara (UiTM), Professional Qualification: Investment Analysis, The Securities Institute of Australia, Sydney, Australia (FSIA).

Professional Qualification: Management, The Asian Institute of Management, Manila, Philippines. Professional Qualification: Finance, Financial Services Institute of Australasia (SF Fin) Senior Fellowship. He possesses vast experience in Investment & Financial Management, Corporate Restructuring and Management.

He had been working for over 41 years in ASMB (currently known as Pelaburan MARA Berhad - PMB) before retiring in 2010. He was the Group Executive Director of ASMB (PMB) from January 1991 to November 1995, Group Chief Executive Officer and Group Managing Director of ASMB (PMB) from December 1995 until April 2008 and he was appointed as Deputy Chairman cum Advisor of ASMB (PMB) from May 2008 to 30 April 2010.