PETALING JAYA: Ranhill Utilities Bhd

has redesignated its non-independent director Datuk Faiz Ishak as its chairman, the company said in a filing with Bursa Malaysia.

The position has been left vacant for a year since the resignation of its founder, Tan Sri Hamdan Mohamad, in August 2024.

Faiz, 67, was formerly a director of Transocean Holdings Bhd

, YTL Corp Bhd

and YTL Power International Bhd

. He is also an entrepreneur in the retail food and beverage industry.

A graduate member of the Association of Chartered Certified Accountants, he served in various roles related to finance in The New Straits Times Press (M) Bhd (NSTP) from 1982 and his last appointment with NSTP was as managing director, which he held from 1999 to 2003.