Maybank CFO to Head Malaysia Sovereign Wealth Fund
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He takes over from Shahril Ridzuan who will be departing to pursue his personal interests.
Malaysia’s Khazanah Nasional has appointed veteran banker Amirul Feisal Wan Zahir as managing director, effective 16 July, it said in a statement on Tuesday.
Zahir, 51, began his career at auditing firm KPMG and later joined Citi in the Kuala Lumpur, Singapore and Hong Kong offices until 2004. He joined Maybank in 2008 as head of investment banking but left two years later for government fund manager Permodalan Nasional as executive vice-president of special projects. He rejoined Maybank in 2014 as group head of global banking and was made CFO in 2016.
Kazanah’s portfolio includes a commercial fund, with a realisable asset value (RAV) of 95.3 billion ringgit ($22.94 billion), and a strategic fund with a RAV of 27.9 billion ringgit ($6.72 billion), as of end-2020.
Questions & Answers
Q.When is Amirul Feisal Wan Zahir scheduled to begin his new role at Khazanah Nasional?
When is Amirul Feisal Wan Zahir scheduled to begin his new role at Khazanah Nasional?
Amirul Feisal Wan Zahir is set to become the managing director of Khazanah Nasional effective 16 July. He takes over from Shahril Ridzuan, who is departing to pursue personal interests.
Q.What was Amirul Feisal Wan Zahir's most recent position before this appointment?
What was Amirul Feisal Wan Zahir's most recent position before this appointment?
Before his appointment as managing director of Khazanah Nasional, Amirul Feisal Wan Zahir served as the Chief Financial Officer (CFO) of Maybank. He was made CFO at Maybank in 2016.
Q.What is the total realisable asset value of Khazanah Nasional's funds?
What is the total realisable asset value of Khazanah Nasional's funds?
As of the end of 2020, Khazanah Nasional's commercial fund had a realisable asset value of 95.3 billion ringgit, and its strategic fund had a value of 27.9 billion ringgit. The total combines these two figures.
Q.Who was Amirul Feisal Wan Zahir's predecessor at Khazanah Nasional?
Who was Amirul Feisal Wan Zahir's predecessor at Khazanah Nasional?
Amirul Feisal Wan Zahir is taking over the role of managing director from Shahril Ridzuan. Shahril Ridzuan is departing from Khazanah Nasional to pursue his personal interests.
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