Thursday 28 Mar 2024
By
main news image
Tan Sri Zainun Ali (The Edge filepix)

KUALA LUMPUR (Feb 17): Tan Sri Zainun Ali has returned to helm Malaysia Airports Holdings Bhd (MAHB) two-and-half years after stepping down as its non-independent non-executive chairman.

Zainun, 71, has been appointed to the same position with effect from Friday (Feb 17), the airports operator said in a statement.

The former Federal Court judge succeeds Datuk Seri Dr Zambry Abdul Kadir, who vacated the chairman’s post after his appointment as the country'’s foreign affairs minister.

Zainun had served as the first ever female chairman of MAHB from Jan 18, 2019 to Aug 11, 2020, succeeding Tan Sri Syed Zainol Anwar Syed Putra Jamalullail, who had resigned.

She was replaced by Zambry as part of several leadership changes at government-linked companies initiated by the Perikatan Nasional-led coalition that took over the federal administration from Pakatan Rakyat in March 2020.

Zainun, who has a Masters in Law degree from the University of Cambridge, had served the judiciary for many years, retiring as a Federal Court judge in 2018.

She is currently a director at Permodalan Nasional Bhd and Allianz Malaysia Bhd, and also a consultant at the legal firm of Zain & Co.

She also sits as a judge in the Administrative Tribunal of the Islamic Development Bank of Jeddah and is a registered arbitrator at the Asian International Arbitration Centre. Zainun also sits on the advisory board of the UN Global Judicial Integrity Network, and is the deputy chairman of the Enforcement Agency Integrity Commission.

Government sovereign wealth fund Khazanah Nasional Bhd holds a 32.13% stake in MAHB, while the Employees Provident Fund Board has 15.51%.

MAHB’s share price closed four sen or 0.57% lower at RM6.96 on Friday, giving the group a market capitalisation of RM11.55 billion.

Edited ByS Kanagaraju
      Print
      Text Size
      Share