KUALA LUMPUR: S P Setia Bhd has appointed Datuk Zaini Yusoff as its president and chief executive officer, effective from Oct 1, 2025.

In a Bursa Malaysia filing, the property developer said Zaini will succeed Datuk Choong Kai Wai, who will retire from the company on Sept 30.

S P Setia said that Zaini, 60, has been serving as the chief operating officer since July 1, 2023.

“He brings over 37 years of experience in engineering and corporate leadership. His strategic leadership has been pivotal in transforming S P Setia’s operations and delivering complex, large-scale projects,” the company said in a separate statement.

Meanwhile, S P Setia chairman Tan Sri Syed Anwar Jamalullail said Choong has played a vital role in shaping Setia’s journey, and the board holds his enduring contributions in the highest regard.

“The board is confident that Zaini will provide the strategic leadership needed to steer the company forward, strengthening our position as a leading and progressive property developer,” he added. – Bernama