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
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