CLSA eyes Khazanah’s Abang Rahmat as Malaysia head


Raja Shahreen Raja Othman, who is currently the CEO of Selangor

KUALA LUMPUR: CLSA plans to hire Abang Rahmat Yusuf, a director of investments at sovereign wealth fund Khazanah Nasional, as head of Malaysia coverage, people with knowledge of the matter said.

Abang Rahmat’s appointment is pending approval from Malaysian regulators, said the people, who asked not to be identified because the information is private

He tendered his resignation at Khazanah and is now on gardening leave, said one of the people

Abang Rahmat joined the Malaysian fund in 2004, his LinkedIn profile shows

Representatives for CLSA and Khazanah declined to comment

Abang Rahmat didn’t immediately respond to an email sent to his Khazanah account. - Bloomberg

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall Street set for higher open as rate-cut hopes linger
Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Court Of Appeal rules in favour of SC in insider trading case
EPF buys more shares in QL Resources, raising stake to 5.01%
MGRC and Twistcode Technologies collaborate to develop advanced bioinformatics platform
Ringgit trims earlier gains to end slightly lower against US dollar
Ho Hup disposes of Bukit Jalil land for RM110mil
Perodua eyes 79% export surge to 1,960 units this year
Favelle Falco secures RM39.2mil contracts for offshore, tower cranes
RHB Islamic International Asset Management appoints Najman Isa as CEO

Others Also Read