TNB is strong and sound, says chairman

  • Business
  • Wednesday, 08 Jan 2003

DATUK Dr Awang Adek Hussin, who became Tenaga Nasional Bhd (TNB) chairman on Dec 1, 2002, says his current job is not much different from his former post of Bank Negara Malaysia assistant governor. 

“Of course, it may appear to be very different from central banking, which I was involved in for 17 years or so.  

Datuk Dr Awang Adek Hussin

“But actually there are many similarities, especially from the senior management's point of view,” he said. 

He told Bernama in an interview that it was a great honour and privilege for him to be entrusted with the responsibility of helming the country's major power utility company.  

He replaces former chairman Datuk Dr Jamaludin Jarjis, who was appointed Second Finance Minister on Nov 21, 2002. 

Dr Awang Adek said TNB, like Bank Negara, is a strong and very sound institution, possessing a strong culture of excellence. 

In terms of the challenges facing the national utility corporation, Dr Awang Adek said in some sense, it was similar to that faced by Bank Negara, both domestically and internationally. 

“In the global context and Malaysia being an international player, the challenges in a central bank or a big organisation like TNB is quite similar, facing the world together. 

According to Dr Awang there is also similarities in both TNB and the central banks in terms of increased competition and handling day-to-day management matters as well as the high expectations of the public. – Bernama 

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