After four decades of spearheading the company; the founder of Karangkraf Media Group, Dato’ Hussamuddin Bin Haji Yaacub, is poise to announce his resignation as the Group Chairman and Publisher effective November 1, 2022.
Also announcing his resignation – effective on the same date – is the Deputy Group Chairman, Datuk Muhammad Nasir Bin Haji Hamzah.
Following their resignation, both Dato’ Hussamuddin and Datuk Muhammad Nasir will, from then on act as the company’s Advisor and Co-Advisor; respectively.
The duo will also relinquish their positions in the Board and the Group will appoint five new Board Members to succeed them.
The five are: Ms. Firdaus Binti Hussamuddin, Mr. Akmal Eirfan Bin Mohamed Fauzi, Ms. Farah Binti Hussamuddin, Mr. Azizi Bin Fikry and Mr. Izzat Izhar Bin Muhammad Nasir.
The void left by Dato’ Hussamuddin will be filled in by Ms. Firdaus Binti Hussamuddin who will be succeeding him as Group Chairman. Previously, Firdaus was the Chief Executive Officer for Grup Buku Karangkraf Sdn Bhd.
“For the past four decades, Karangkraf has been growing strongly. The company has managed to brave and survive the digital disruption wave that had hit the world since 2013 which turmoiled much of the print media industry,” said Dato’ Hussamuddin.
“Now, I think it is timely for us to take a back seat and hand over the baton to the younger generations so that they can take the company to even greater heights,” he added.
In light of the handover, the Group would also like to announce several structural changes in the Group which will also be effective on November 1, 2022.
On the Group level, Mr. Akmal Eirfan Mohamed Fauzi will be appointed as Group Executive Director of Corporate, Finance and Risk Management. He was previously the Chief Executive Officer for Ultimate Print Sdn Bhd.
As for the Group’s three main business divisions, the changes are as follows:
Ms. Farah Binti Hussamuddin will be appointed as the Executive Director/CEO/Publisher of the Group’s Media Division which includes the company’s news outfits, Sinar Harian and Sinar Daily. She was previously the Chief Executive Officer of Sinar Karangkraf Sdn Bhd.
Mr. Azizi Bin Fikry will be appointed as the Executive Director/CEO of the Printing and Manufacturing Division, which includes Ultimate Print Sdn Bhd and Karangkraf Medicare Sdn Bhd. He was previously the Deputy Chief Operating Officer of Ultimate Print Sdn Bhd.
Ms. Firdaus Hussamuddin will also be appointed as the Executive Director/CEO/Publisher of the Group’s Book and Al-Quran Publishing Division, which includes Karya Bestari, Grup Buku Karangkraf and its subsidiaries. She will be assisted by Mr. Izzat Izhar Bin Muhammad Nasir who will be appointed as the division’s Executive Director/Chief Operating Officer.
Karangkraf has its humble beginning back in 1978, as a small publishing business in a shop lot, printing its first publication, Mingguan Kanak Kanak. Today, the company has grown into one of the country’s publishing, printing, and media giant.
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