Shahril appointed Khazanah MD


EPF CEO Datuk Shahril Ridza Ridzuan speaking at the EPF Dividend 2017 media briefing.

KUALA LUMPUR: Khazanah Nasional Bhd has appointed Datuk Shahril Ridza Ridzuan (pic) as its managing director. He is scheduled to report for duty on Aug 20, the Government’s strategic investment fund said in a statement.

Shahril, 48, is currently the chief executive officer of the Employees Provident Fund (EPF), having been appointed to the position on April 16, 2013.

He was previously deputy chief executive officer (Investment). Prior to joining the EPF, he was the managing director of Malaysian Resources Corporation Bhd, where he was responsible for developing KL Sentral into one of the main commercial centres in Malaysia.

He previously served Pengurusan Danaharta Nasional Bhd and was involved in corporate recovery and credit restructuring following the Asian financial crisis of 1997.

He is at present a non-executive board member of Media Prima Bhd, Malaysia Building Society Bhd, Pengurusan Danaharta Nasional Bhd, MRCB and IJN Holdings Sdn Bhd.

Shahril holds a Master of Arts (First Class) from Cambridge University and Bachelor of Civil Law (First Class) from Oxford University, and has been called to the Malaysian Bar and the Bar of England and Wales.

Khazanah also welcomes the new chairman and members of the board, whose appointments were announced by the Prime Minister’s Office on July 30.

Prime Minister Tun Dr Mahathir Mohamad is Khazanah’s chairman and board members include Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, former Petroliam Nasional Bhd president and chief executive Tan Sri Hassan Marican, former Bank Negara deputy governor Sukhdave Singh and former Securities Commission executive director Goh Ching Yin.

The fund also extended its thanks and appreciation to the previous members of the board and former managing director Tan Sri Azman Mokhtar for their service and contribution to Khazanah and the nation.

Last week, the old board of directors at Khazanah, including Azman, resigned en bloc.

All nine directors gave their undated resignation letters last Tuesday.

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