Tuesday 16 Apr 2024
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KUALA LUMPUR (Jul 2): The changes of corporate leaders in government-linked companies (GLCs) is to come to an end soon, according to Minister of Economic Affairs, Datuk Seri Mohamed Azmin Ali, when he was asked during the launching of the World Bank’s 18th edition of the Malaysia Economic Monitor.

On the candidates that the government is looking for to replace some of the executives that have resigned from their roles in some of the GLCs, Azmin Ali said that the Pakatan Harapan government wants personalities with highest integrity as well as those with the knowledge and credibility to lead.

To-date, the Malaysian GLCs have seen some changes with Tan Sri Wahid Omar among the latest to have resigned from his role.

Over the previous week, Permodalan Nasional Bhd (PNB), the investment arm of Yayasan Pelaburan Bumiputera (YPB), had confirmed that Wahid will be retiring from his role as the group’s chairman with effect from June 30. Along with him, PNB’s director, Datuk Dr Awang Adek Hussin, who is also the chairman for PNB Research Institute Sdn Bhd, will also be retiring on the same day.

Wahid will be replaced by Tan Sri Dr Zeti Akhtar Aziz, the former governor of Bank Negara Malaysia, and she has resumed her new post from yesterday onwards.

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