Iskandar rocked by CEO’s resignation

(The Malaysian Insider) – The country’s showpiece economic corridor, Iskandar Malaysia, has been rocked with the sudden resignation of chief executive officer Harun Johari just months after his appointment.

He also becomes the second CEO to exit the Iskandar Regional Development Authority (IRDA) since it was set up in November 2006, following the footsteps of Datuk Ikmal Hijaz. Harun’s departure will raise more red flags over a project which has been long on announcements and master plans but painfully short on visible changes on the ground.

It also calls into question Khazanah Nasional’s acumen in picking senior officials to drive this ambitious project.

The Malaysian Insider understands that Harun tendered his resignation on Thursday but talk of his possible departure has been swirling since it became apparent that he was not on the same page as senior Johor officials including the Johor mentri besar, the co-chairman of IRDA.