PCCW Ltd announces Mohamed Sharhan Mohamed Muhseen as new independent non-executive director

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The board of directors (the “Board”) of PCCW Limited (the “Company”) is pleased to announce that Mohamed Sharhan Mohamed Muhseen has been appointed as an Independent Non-Executive Director of the Company with effect from 24 February 2023.

Aged 47, he is a senior investment banker with extensive experience in areas of mergers and acquisitions, corporate finance and capital markets. He has served in a senior board capacity working with company boards and senior leadership teams of corporates across Asia to help drive their strategic agenda and roadmap.

Muhseen currently is the Deputy Chairman and a Non-Executive Independent Director of Commercial Bank of Ceylon PLC, and a Non-Executive Independent Director of each of Gestetner of Ceylon PLC, David Pieris Holdings (Private) Limited and Amãna Takaful Life PLC.

He previously worked in global investment banks including Credit Suisse, Bank of America Merrill Lynch and JPMorgan in leading regional coverage roles.  He was Managing Director, Head of Asia Insurance, Head of South-East Asia Financial Institutions Group, and Country Manager Sri Lanka at Credit Suisse based in Singapore. In his investment banking career spanning over 20 years, Muhseen has completed landmark mergers and capital raising transactions in excess of USD100 billion.

Muhseen also has experiences at the Sri Lankan government policy level, working as a Team Leader at the National Council for Economic Development (NCED) under the Ministry of Finance as well as a Director at the TAFREN presidential task force for rebuilding the economy after the 2004 Tsunami.

He holds a Master’s in economics from the University of Colombo and a Bachelor of Business Administration (Hons) from Western Michigan University.

Save as disclosed above, Muhseen has not held any other directorships in the last three years in any public companies the securities of which are listed on any securities market in Hong Kong or overseas and does not hold any position in the Company or other members of the Company’s group.

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