Hassan Basma steps down at Bumi ArmadaCompany News // December 8, 2014
Bumi Armada would has announced that for family reasons Hassan Basma, the
Chief Executive Officer (CEO), and Executive Director of the company, has requested an early release of his contract of employment.
The Board of Directors of Bumi Armada has agreed to Mr Basma’s request and accordingly, Mr Basma will relinquish his positions with effect from 1 January
Mr Basma will also relinquish his directorships in other companies within Bumi Armada Group. He will continue to be engaged as a consultant to the company, where required and appropriate, on specific projects.
The Board has initiated steps to search for a new CEO, with in-depth relevant experience in the offshore and marine services industry.
Pending the appointment of a new CEO, the board has announced that Chan
Chee Beng, a member of the Board since 2003, has been re-designated as Executive
Director and Acting CEO, with effect from 1 January 2015. Mr Chan has also been a
member of the Executive Committee of Bumi Armada since 2008, acting as its chairman from 2013.