Nor Mohamed steps down as Khazanah deputy chairman

PUTRAJAYA, 6 Sept -- Bekas Menteri Kewangan Kedua Tan Sri Nor Mohamed Yakcop yang juga bekas penasihat Bank Negara selepas memberi keterangan pada prosiding Suruhanjaya Siasatan Untuk Menyiasat Kes Kerugian Akibat Urus Niaga Mata Wang Asing Oleh Bank Negara Malaysia (BNM) Sekitar Tahun 1990-an, di Istana Kehakiman hari ini.
--fotoBERNAMA (2017) HAK CIPTA TERPELIHARA

KUALA LUMPUR: Khazanah Nasional Bhd deputy chairman Tan Sri Nor Mohamed Yakcop, the fund’s longest serving board member, has resigned from the board after serving for 15 years.

The Government’s strategic investment fund said in a statement that he submitted his resignation, to be effective Sept 30, at Khazanah’s board of directors meeting today (Tuesday).

He will also vacate the post of chairman of Khazanah Research Institute on the same date.

Khazanah Nasional chairman Datuk Seri Najib Tun Razak said: “I would like to thank Tan Sri Nor Mohamed Yakcop for his contribution to Khazanah, in particular for his work on the 10-year Government-Linked Companies (GLC) Transformation Programme which was led by the Putrajaya Committee on GLC High Performance.

“The board of directors accepts his decision and we wish him well.”

Nor Mohamed, 70, is the only deputy chairman in Khazanah’s 23-year history.

Khazanah Nasional said Nor Mohamed had been instrumental to the success of numerous initiatives, including its revamp and transformation from 2004 to the present day, the 10-year GLC Transformation Programme from 2004 to 2015, the development of various economic corridors including Iskandar Malaysia, as well as the formation of Yayasan Hasanah and Khazanah Research Institute.

“These initiatives and others were executed in his capacity as a Khazanah board member, and in various capacities in public service including as economic advisor to the Prime Minister (2000 to 2003), Finance Minister II (2004 to 2009) and Minister in Prime Minister’s Department, Economic Planning Unit (2009 to 2013),” the fund said.