KUALA LUMPUR – 29 July 2021: Datuk Seri Shahril Mokhtar, the former Chief Executive Officer of Mass Rapid Transit (MRT) Corporation, has been appointed the Chief Executive of PETRA Transit Systems (PTS) effective 1st August 2021.
PETRA Transit Systems, the urban transit arm under the PETRA Group provides urban mobility solutions, by combining proven propriety technology with market insights to deliver customised products and services that ensure reliable, sustainable, and secure transportation.
Its monorail systems offer economical and sustainable solutions, focusing on cities experiencing commuting challenges. PTS also acquired the IP from the liquidators of Scomi Rail in November 2020.
“PTS has the experience, technology and the know how to become a global player in the rail business.,” said Shahril. “Based on a mutual understanding, the value I am able to bring and the vision Chairman and Chief Executive of PETRA Group Datuk (Dr) Vinod Sekhar has, I see many synergies with the Group. There are many opportunities, not only in Malaysia, but also in the region,” he added.
Datuk Seri Shahril kickstarted his career in PricewaterhouseCoopers in 1999 and plied his trade at several organisations before being named Chief Operating Officer of the Land Public Transport Commission (SPAD) in 2010, now known as Land Public Transport Agency (APAD). He has also served as Group Managing Director of Prasarana Malaysia Berhad, and Chief Executive Officer of Mass Rapid Transit (MRT) Corporation.
“When you think about Rail, Datuk Seri Shahril is one of the first names that would always be mentioned, as he comes with an illustrious portfolio, having been the CEO of MRT Corp and having a successful stint at Prasarana,” said Datuk (Dr) Vinod.
“I could not have chosen anyone more quaified to take on this exciting yet challenging role at PETRA Transit Systems. I am certain that the company will be in the right hands, to take it to the next level in offering urban transit solutions to the world,” he added.