IT has been said that transformation isn't for the faint of heart. Lest you forget, change efforts are near impossible to pull off without a band of believers. Perhaps, that explains why Tan Sri Azman Mokhtar, boss of Khazanah Nasional Bhd, has a coterie of 14 experts, armed with intimidating resumes, who line up his top management and power every crucial aspect of the state-owned investment fund's strategy.
Indeed, that's a deliberately wise strategy. Azman sits atop a fund which owns over RM113bil worth of assets, many of which are strategic jewels constantly on the radar of others while the fund itself has become an easy punching bag for critics. Some of its hard-won reform gains have also periodically been threatened by political hand-wringing and pressure by battle-hungry entrepreneurs.
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