Axiata Announces Leadership Transition: Nik Rizal Kamil to Assume CEO Role in 2026

In a significant corporate development, Axiata Group Berhad has revealed that Nik Rizal Kamil will take over as Group Chief Executive Officer (GCEO) and Managing Director effective June 1, 2026. This strategic appointment comes as current CEO Vivek Sood prepares to conclude his tenure at the Asian telecommunications giant.

The Malaysian multinational conglomerate made the announcement through multiple official channels, confirming Nik Rizal's promotion following an extensive executive search process. According to reports from Bernama and Business Today Malaysia, the leadership transition reflects Axiata's commitment to sustained growth in the dynamic telecom sector.

Nik Rizal brings substantial experience to the role, having served in various leadership positions within the Axiata ecosystem. His appointment has been widely anticipated by industry observers, with Telecompaper noting his deep understanding of Southeast Asia's telecommunications landscape.

The outgoing CEO Vivek Sood leaves behind a notable legacy, having guided Axiata through significant regional expansions and digital transformations during his tenure. The planned two-year transition period ensures continuity as the company prepares for its next growth phase.

This leadership change comes at a pivotal moment for Axiata as it continues to expand its digital services portfolio across its operational markets. Industry analysts will be watching closely to see how Nik Rizal's leadership will shape the company's strategy in an increasingly competitive telecommunications environment.