Iris Corporation Berhad (ICB) clarified that the role of its executive committee (exco) that was chaired by Iris non-independent non-executive director Nik Azman Mohd Zain, was to bring improvement in the government-linked company.

Nik Azman, who is also Felda Investment Corporation Sdn Bhd (FIC) director, was appointed as a Iris board director in June 2015 following FIC's acquisition of 21.33 percent of Iris's stake.

"With reference to your article in Malaysiakini's website, Iris would like to clarify that an exco of the board of directors was formed after Iris Group MD and CEO Tan Say Jim, Iris Group MD and CEO,who is on leave since Nov 7, 2016.

"The exco comprises independent non-executive director Francis Chan, deputy managing director Hamdan Mohd Hassan, who was replaced by independent non executive director Abu Talib Bachik on Jan 23, 2017, and chaired by Nik Azman," said Iris's head of marketing Chong Oi Lin in a statement.