Miscellaneous

QSR Brands Welcomes New Chairman and Managing Director

Kuala Lumpur, 1 April 2020 – QSR Brands (M) Holdings Bhd (‘QSR Brands’), the leading food chain brand that operates KFC and Pizza Hut Malaysia has appointed Dato’ Mustafha Hj Abd Razak as Chairman and Mr Nehchal Khanna as Managing Director, with effect from 1st April 2020.

Dato’ Mustafha Hj Abd Razak – Chairman
Mr Nehchal Khanna – Managing Director

Prior to joining QSR Brands, Mr Nehchal was the Corporate Business Advisor for Johor Corporation, a state investment corporation established by Johor State Government. In his previous capacity, Mr Nehchal was Managing Director in the Singapore office of Wall Street firm Morgan Stanley between 2010 and 2016. He has advised clients across Southeast Asia on mergers, acquisitions and capital markets transactions.

Mr Nehchal’s wealth of experience includes advising on some of the largest transactions for Malaysian corporations including Khazanah, Petronas and Sime Darby. Prior to joining Morgan Stanley in 2010, Mr Nehchal was Managing Director at Deutsche Bank in Singapore where he was Head of Investment Banking for Malaysia and Indonesia.

Following the appointment, Mr Nehchal said, “It is a great honour and responsibility to lead QSR Brands and drive the business forward in Malaysia and the region. I look forward to partnering with my colleagues at QSR Brands to achieve greater heights and further strenghten our position as the leading food chain brand that is loved and trusted by all Malaysians.”

This appointment follows the retirement of Managing Director of QSR Brands, Dato’ Seri Mohamed Azahari Mohamed Kamil who left the company on 31 March 2020. Under his stewardship, Dato’ Seri has helped navigate the growth and development of QSR Brands across the region since joining in 2017.

Mr Nehchal mentioned, “I would like to acknowledge Dato’ Seri Azahari’s contribution and thank him for the past few years of unconditional commitment and dedication to leading the QSR Brands team. His passion, dedication and selfless hard work are an example for us to follow, for myself personally as well as I take on the task of leading QSR Brands moving forward.”

Additionally, QSR Brands welcomes Dato’ Mustafha Hj Abd Razak as newly appointed Chairman of QSR Brands (M) Holdings Berhad who has more than 24 years of professional experience within the corporate and banking sector in Malaysia.

About QSR Brands (M) Holdings Bhd (QSR Brands):

A franchisee of over 850 KFC restaurants in Malaysia, Singapore, Brunei, and Cambodia, QSR is also the operator of Pizza Hut in Malaysia and Singapore, with more than 480 restaurants and delivery concepts in
Malaysia and Singapore. In addition to its restaurant operations, it is extensively involved in breeder and contract broiler farming, hatchery, poultry production and processing as well as a host of ancillary businesses including baking, commissary and sauce production. This makes QSR the first and only fully integrated food operator in Malaysia. QSR Brands and its subsidiaries guarantee full halal compliance to customers in all of the Group’s markets. Every aspect of the food manufacturing process follows strict controls and accepts only certificates recognised by the Department of Islamic Development Malaysia (JAKIM) and strictly adheres to MS1500:2009.

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