(Updated)

Maxis names former Singtel’s home business MD Goh Seow Eng as new CEO

Maxis names former Singtel’s home business MD Goh Seow Eng as new CEO
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KUALA LUMPUR (Oct 28): Maxis Bhd has appointed Goh Seow Eng as its chief executive officer (CEO) to succeed Gokhan Ogut who will be completing his service on Nov 30.

Gokhan has held the position of CEO since May 1, 2019.

Goh will be CEO-designate of the telco on Nov 1, before officially becoming CEO on Dec 1, Maxis said in a statement.  

Eng, a Malaysian, was the president and chief operating officer (COO) of Advanced Info Service (AIS) in Thailand.

He was responsible for all operating units, including the core mobile business, and oversaw its expansion into the fibre broadband market, as well as the enterprise business.

Prior to AIS, Eng was the managing director of Singtel’s home business, and before joining Singtel, he was CEO of the entertainment division of Tanjong plc in Malaysia.

He was also previously COO for consumer business at Astro where he was a key contributor to Astro’s growth. Eng has held various regional and global positions at Citibank in London, Kuala Lumpur, Taipei and Tokyo.

He is a graduate of the University of Pennsylvania’s management and technology dual-degree program.

He holds a bachelor of applied science (computer science) cum laude and a bachelor of science in economics cum laude from the university’s Wharton School. He obtained his MBA from the University of California, Berkeley, and also attended Harvard Business School’s advanced management program.

Maxis’s chairman of the board Tan Sri Mokhzani Mahathir said Eng brings with him vast experience in the telco industry with a solid track record in mobile and fibre broadband, fixed line business as well as in digital services, all of which will be important for Maxis’ growth.

“We look forward to working with him to spearhead and drive the next phase of our convergence journey,” he said.

“Meanwhile, I would like to put on record my appreciation and gratitude to Gokhan for helming Maxis as CEO for the past 3 and a half years. As CEO, he led the company through a challenging and uncertain time, largely driven by the Covid-19 pandemic, which needed innovative solutions and decisions.

“Despite facing unprecedented times, Gokhan has been instrumental for Maxis’ resilient financial achievements and delivery of our convergence leadership ambitions, including commendable growth in our fibre business. Importantly, he helped to progress all 5G-related discussions. I have no doubt that Maxis will continue to benefit from the foundation that he has built,” Mokhzani added.

Maxis’s share price was unchanged at RM3.80, giving it a market capitalisation of RM29.76 billion. Year to date, it has fallen 17% from RM4.60 on Jan 3 this year.

Lam Jian Wyn