Abdul wahid takes over as PNB boss

Kuala Lumpur: Former Minister in the Prime Minister's Department Tan Sri Abdul Wahid Omar has been appointed chairman of Permodalan Nasional Bhd (PNB), effective Aug 1, 2016, Prime Minister Datuk Seri Najib Razak announced Friday.Abdul Wahid (pic), an accountant by profession, had helmed Malayan Banking Bhd as president and chief executive officer from 2008 to 2013 after heading the reorganisation of Telekom Malaysia and the restructuring of UEM Group.

During his tenure as Minister in the Prime Minister's Department, in charge of economic affairs, Abdul Wahid was overseeing, among others, government agencies such the Economic Planning Unit, Statistics Department, Ekuinas, Talent Corporation and the Bumiputera Economic Empowerment Unit.

Najib also expressed his gratitude to the outgoing PNB chief, Tun Ahmad Sarji Abdul Hamid.

"Under his leadership, PNB made various achievements in executing the government mandate to improve the economic status of the Bumiputera specifically, and in contributing to the growth and development of the nation," Najib said.

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"I hope Tun Ahmad Sarji will continue to share his experience and contribute towards the country's development," Najib added.

Meanwhile, Abdul Wahid said the appointment as Chairman of Permodalan Nasional Bhd (PNB) is very meaningful to him.

"This appointment is very meaningful to me considering that I had previously worked with two companies under the PNB stable, namely Maybank Group (2008-2013) and Amanah Capital Group which is now a part of MIDF Group (1994-2001).

"I promise to perform my duties to the best of my ability, with honesty and trustworthiness," he said in a statement.

Abdul Wahid paid tribute to Prime Minister Datuk Seri Najib Tun Razak and the Board of Trustees, Bumiputera Investment Foundation as well as PNB Board of Directors for the trust placed in him.

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He also expressed his appreciation to Tun Ahmad Sarji Abdul Hamid who has contributed tremendously to PNB.

"Thank you Tun for all your contributions to PNB and the unitholders," said Abdul Wahid who was the former minister in the Prime Minister's Department. – Bernama.

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