Axiata Group Bhd has announced a significant leadership transition within the company. Nik Rizal Kamil Nik Ibrahim Kamil has been appointed as the new group chief executive officer (GCEO) and managing director. His term will officially start on June 1, 2026. He will take over from Vivek Sood, who has held senior leadership roles for nine years, including GCEO since 2023.
Nik Rizal Kamil’s Promotion Highlights Axiata’s Succession Strategy
This appointment is a key part of Axiata’s long-term succession planning, emphasizing the importance of leadership continuity and internal talent development. Nik Rizal joined Axiata in January 2024 as the group chief financial officer (CFO). His role has been pivotal in shaping the company’s financial and strategic trajectories.
Confidence from the Board
Axiata’s chairman, Tan Sri Shahril Ridza Ridzuan, expressed confidence in Nik Rizal’s capabilities. He highlighted that Nik’s experience within Axiata and the telecommunications sector positions him well for the role.
- Nik Rizal has been central to Axiata’s strategy.
- He has strengthened financial discipline across the group.
- His work has supported the execution of long-term priorities.
Broad Exposure Across the Group
Nik Rizal also holds board positions in several Axiata subsidiaries, including:
- CelcomDigi Bhd
- PT XLSMART Telecom Sejahtera Tbk
- Robi Axiata PLC
- EDOTCO Group Sdn Bhd
- PT Link Net Tbk
These roles have provided him with extensive insight into Axiata’s regional operations.
Experience Before Axiata
Before his tenure at Axiata, Nik Rizal served as the group CFO at RHB Bank Bhd starting in February 2021. His previous experience includes being the executive director of Investments at Khazanah Nasional Bhd. There, he led various investment initiatives, particularly in the telecommunications, media, and technology sectors.
Support from Vivek Sood
Vivek Sood, who will continue until the official transition, expressed his support for Nik Rizal’s appointment. He noted, “I have seen firsthand his deep understanding of our business and his commitment to our stakeholders.”
Nik Rizal’s Vision for the Future
In response to his new role, Nik Rizal aims to ensure continuity and a smooth transition. He looks forward to collaborating closely with Vivek and the rest of the management team in his new capacity. This leadership change marks a pivotal moment for Axiata, underscoring its commitment to sustained performance and long-term value creation.
