Malaysia's Sime Darby replaces chief executive


KUALA LUMPUR, May 26 (Reuters) - Malaysian power-to-auto group Sime Darby Bhd on Wednesday named Ahmad Zubair Murshid as its new chief executive officer to succeed long-serving Nik Mohamed Yaacob, who is retiring on June 12. Nik Mohamed, 55, however, will remain on the Sime board as non-independent, non-executive director. Ahmad Zubair, 46, has been with Sime for 23 years.

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