Izad Sallehuddin has stepped down as the chief executive officer of Urusharta Jamaah Sdn Bhd (UJ). PETALING JAYA: Izad Sallehuddin has stepped down as the chief executive officer of Urusharta Jamaah Sdn Bhd (UJ). Sources said that Izad, 39, tendered his resignation on Monday. He was appointed to the post in April last year. UJ is a special purpose vehicle (SPV) set up by the Ministry of Finance (MoF) in late 2018 to take over the non-performing assets of Lembaga Tabung Haji (TH). On Tuesday, TH Heavy Engineering Bhd (THHE) announced that Izad had stepped down as chairman of the company with immediate effect as he had ceased to be nominee director of UJ, which is the major shareholder of the THHE with a 29.8% stake. Izad was appointed as chairman of the oil and gas service provider in September last year and had been working on a plan to revive THHE,
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