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Press Release13 November 2019Siemens AGPetaling Jaya
Mr Adam Yee appointed as Siemens Malaysia
President & CEO
This will be in addition to his current designation as Head of Digital Industries, Siemens Malaysia
He is the first Malaysian to take the helm as CEO in the history of Siemens Malaysia
He succeeds his predecessor Mr Indranil Lahiri as the immediate past CEO
Siemens
Malaysia has announced the appointment of Mr Adam Yee as the new President
& CEO, which came into effect since Nov 1, 2019.
This will be in addition to his current designation as Head of Digital Industries, Siemens Malaysia
He is the first Malaysian to take the helm as CEO in the history of Siemens Malaysia
He succeeds his predecessor Mr Indranil Lahiri as the immediate past CEO
Siemens
Malaysia has announced the appointment of Mr Adam Yee as the new President
& CEO, which came into effect since Nov 1, 2019.
Siemens Malaysia has announced the appointment of Mr Adam Yee as the new President & CEO, which came into effect since Nov 1, 2019. Along with
his latest appointment, Mr Yee will concurrently continue his role as the Head
of Digital Industries Operating Company in Malaysia, a capacity that has been
under his leadership when the business was previously known as the Digital
Factory & Process Industries and Drives division – prior to the global
Siemens reorganization that had led to the formation of the Operating Companies
structure. He now succeeds Mr Indranil
Lahiri who has since left the organization. This appointment also means that it
is the first time that Siemens Malaysia has a local Malaysian as its CEO.
Mr Yee has
been with Siemens for the past 17 years, specializing in the electrical and
manufacturing segments before moving up the higher management order. He had
honed his skills both at the frontline and the back-end of the sales trade, and
contributed to the strategic development of customer network. As the Head of
Siemens Digital Industries Operating Company in Malaysia, he oversees marketing
strategy and business development work through the implementation of various
frameworks to improve the company’s sales and market approach. Additionally, he
leads the Control Products business unit for ASEAN region.
Under his
leadership, Digital Industries was awarded the titles of Best Profits in
Operation and Best Performance in Order Intake within two years upon his
then-appointment as Senior Vice President & Division Lead.
In his new
role as the President & CEO, Mr Yee hopes to continue spearheading the
digital transformation journey within the company and for external stakeholders
and customers. He said it is important for more manufacturing industries to
embrace Industry 4.0 and hopes to vigorously support local SMEs in their
digital adoption with plans that are aligned with the government’s
Industry4wrdi initiative launched last year. This is especially as SMEs make up
97% of businesses in the country and is the generator of the nation’s economic
growth through jobs creation for the people. Mr Yee also has a strong passion
to continuously drive education through projects to well prepare students and
fresh graduates with Industry 4.0 knowledge and skills – one of such initiative
was the collaboration forged with the Malaysian Technical University Network
(MTUN) in August this year to launch a Bachelor’s Degree program in Industrial
Electronic Automation for students of four select public universities for a
start.
He hopes to
continuously engage employees in propelling the company forward with crucial
direction and strategies, in the eventual departure of the Siemens Gas and
Power business that will be carved out into a new, independent company (to be
known as Siemens Energy in future) once the exercise is completed on Jan 1,
2020. Notwithstanding this company-wide development, he said his immediate
focus will be on supporting the remaining sectors of Siemens Malaysia to chart
breakthroughs and growth while seeking to meet all stakeholders soon as a
pledge to his commitment of delivering new milestones and expanding the market
share.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Siemens Malaysia is a leading technology provider with comprehensive products and solutions for various markets in the Malaysian economy. It is focused in the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, automation and digitalization in the process and manufacturing industries, smart mobility solutions for rail and road transport, as well as medical technology and digital healthcare services. Siemens made its debut foray into Malaysia through its first recorded sale here in 1908. Since then, the company has grown together with the economical and infrastructural development of Malaysia. In 1972, Siemens It set up its first semiconductor factories in Malacca and Penang, creating some 1,500 jobs for the nation’s workforce. In 1973, another semiconductor factory was set up in Malacca. The company has contributed to a significant number of milestone nation-building projects that include Malaysia capital’s landmark KLCC Twin Towers, the Klang Valley MRT Line 1 and ERL Express city-airport connection, as well as resource-efficient and technologically-advanced gas turbines for Prai and Pengerang power plant projects. Further information is available on the Internet at www.siemens.com.my.