Anwar Aji slated to take over as Khazanah managing director

DATUK Anwar Aji, currently the chief operating officer of Khazanah Nasional Bhd, is slated to take over as managing director from Tan Sri Mohd Sheriff Kassim when the latter retires at the end of July, sources told StarBiz yesterday. 

Anwar, 53, is also currently chairman of ValueCap Sdn Bhd, the RM10bil joint-venture investment agency sponsored by Khanazah, Permodalan Nasional Bhd and Kumpulan Wang Amanah Pencen. 

Prior to joining Khazanah, he served in several government ministries, including the International Trade and Industry Ministry, the Prime Minister's Department, and Finance Ministry.  

Datuk Noorazman Abdul Aziz.

Mohd Sheriff had a distinguished career in the civil service where he retired as secretary-general of the Finance Ministry. He is a director of several major public-listed companies. Sources also told StarBiz that Datuk Noorazman Abdul Aziz, the former director-general of the Labuan Offshore Financial Services Authority has been appointed as the chief operating officer of the KLSE. He will take up the job early next month. Earlier, Noorazman was tipped to head EON Bank, but the scenario changed when it was announced that EON Capital and the AMMB Holdings Group were in negotiations with a view to merging their banking and finance units. 

Industry sources said Datuk Mohd Azlan Hashim, KLSE executive chairman, was expected to move on after the demutualisation and listing of the KLSE, scheduled for the later part of this year. Azlan had indicated that he wanted to return to the private sector after serving as KLSE executive chairman for the past 5 years, during which he steered the exchange through the aftermath of the Asian financial crisis, the end of over-the-counter trading of Malaysian shares in Singapore, and the plans to demutualise the exchange. 

The sources said that should Azlan move to the private sector, Noorazman was expected to be the KLSE CEO, and a retired top judge considered for the post of non-executive chairman. 

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