Malaysia’s defence budget sets out major procurement goals for 2026
The country has allocated RM21.70 billion for defence spending next year, with some major procurements set to be initiated across the country’s army, navy and air force.
New CFO for SR Technics
Angelo Quabba has been appointed chief financial officer (CFO) of SR Technics and a Member of the Group’s Executive Leadership Team (ELT).
Quabba took up the post on 1 March, succeeding former CFO James Stewart – who became CEO on 1 February – and to whom Quabba reports directly.
Quabba joined SR Technics in July 2007 as head of aircraft services–controlling. On 1 December 2008, he was appointed head of division–controlling components and since October 2009 he has been senior vice-president–commercial controlling.
Quabba has extensive expertise and experience in the fields of finance and controlling. Before joining SR Technics he was CFO in the customer business centre at Honeywell Analytics in Uster, near Zurich.
He holds a BSc degree in economics and business administration, majoring in finance and controlling from HWV Zürich, and a higher business diploma from the Zurich Management Training Institute.
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