Arifin Zakaria appointed PNB group chairman

Arifin Zakaria appointed PNB group chairman

The appointment, announced by Permodalan Nasional Bhd, is effective today.

Arifin Zakaria, who was chief justice of Malaysia between 2011 and 2017, replaces Zeti Akhtar Aziz effective today.
KUALA LUMPUR:
Arifin Zakaria has been appointed Permodalan Nasional Bhd (PNB) group chairman, replacing Zeti Akhtar Aziz, effective today.

The former chief justice of Malaysia between 2011 and 2017, and chief judge of the High Court from 2008 to 2011 has also been made Yayasan Pelaburan Bumiputra trustee.

In a statement today, PNB also announced the appointment of Norazah Razali to the PNB board of directors effective today.

She is currently senior adviser at Boston Consulting Group, supporting and advising businesses and organisations across Southeast Asia.

“She brings with her over 20 years of strategic and management consulting experience specialising in business and organisational transformation, restructuring, growth-led strategy, talent and leadership development, as well as governance,” it added.

Meanwhile, PNB chief investment officer, private & strategic investments, Rizal Rickman Ramli has been designated as Sime Darby Property Bhd chairman, succeeding Zeti who has retired after a three-year term.

PNB has a 51.1 majority stake in Sime Darby Property.

“Rizal previously held the roles of PNB executive vice-president (chief investment officer, real estate) and executive vice-president (property/real estate) before his current designation,” Sime Darby Property said in a filing with Bursa Malaysia.

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