Business
Directorate Change
Directorate Change.
About this update from Mobilityone Limited
[{"type":"text","content":"\n \nRNS Number : 7538K MobilityOne Limited 27 June 2014 \n \n\n27 June 2014\nMobilityOne Limited\n(\"MobilityOne\" or the \"Company\")\n \n Appointment of Chairman\n \nThe Board of MobilityOne (AIM: MBO), the e-commerce infrastructure payment solutions and platform provider with its main operations in Malaysia, is pleased to announce that Abu Bakar bin Mohd Taib has been appointed as non-executive chairman of MobilityOne with immediate effect.\n \nAbu has previously worked for several listed companies and financial institutions in Malaysia including Nestle (Malaysia) Berhad, Bank Bumiputera Malaysia Berhad (now part of CIMB Bank Berhad) and United Malayan Banking Berhad (now part of RHB Bank Berhad). He was mainly involved in corporate communications and corporate affairs until 2004. Since 2005 he has been the director of several companies that are principally involved in timber related activities in Malaysia. He obtained a Master of Business Administration in Marketing and Finance from West Coast University (USA) and a Bachelor of Science in Business Administration from California State University (USA).\n \nAbu will chair the audit, nomination and remuneration committees of the Company.\n \nDato' Hussian A. Rahman, CEO of MobilityOne, said: \"We are delighted to have Abu join our Board and believe he will be an important addition to the MobilityOne board. Abu's broad knowledge and experience of the Asian markets shall prove invaluable as we look to further develop the MobilityOne business. Abu already has a strong understanding of our business having been a director of our Malaysian operating subsidiary, MobilityOne Sdn Bhd, since 1 July 2013\"\n \nPursuant to the AIM Rules for Companies the following is disclosed in relation to Abu.\n \nAbu Bakar bin Mohd Taib, aged 61, is, or has been within the past five years, a director o...