PERMODALAN Nasional Bhd (PNB) today announced changes to its board with the appointment of four members effective January 1 next year, succeeding three who are retiring.

The new members are Treasury Secretary-General Ahmad Badri Mohd Zahir, former Federal Court judge Zainun Ali, former Securities Commission deputy chief executive Nik Ramlah Nik Mahmood, and Mitraland Group and Pelaburan Hartanah Nasional Bhd chairman Johan Ariffin, said the fund management company in a statement.

PNB said Ali Hamsa, Wan Abdul Aziz Wan Abdullah and Zarinah Anwar are set to retire on Monday.

Nik Ramlah also sits on the Amanah Saham Nasional Bhd (ASNB) board, while Johan is a board member of several public-listed companies, including Sime Darby Property Bhd.

Welcoming the new line-up, PNB group chairman Zeti Akhtar Aziz said the four have between them extensive and complementary experience in the fields of investment, law, economics and real estate.

“PNB looks forward to gaining from their contribution as we continue to be focused on strengthening our resilience and delivering on our mandate to enhance the economic wealth of the Bumiputera community and all Malaysians.”

The company also announced that on Monday, Professor Noor Azlan Ghazali will retire from the boards of ASNB and PNB Research Institute Sdn Bhd.

Besides Zeti and the new members, the PNB board effective next year also comprises president and group chief executive Abdul Rahman Ahmad, Mohd Yaakub Johari and Soedirman Aini.

Also starting January 1, the ASNB board will comprise Zeti, Rahman, ASNB CEO and executive director Mohammad Hussin, Nik Norzrul Thani Nik Hassan Thani and Nik Ramlah. – Bernama, December 26, 2018.