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

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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

PETRONAS, CelcomDigi collaborate on digital transformation and sustainability efforts for the energy industry
Ringgit retreats vs US$ ahead of personal consumption expenditure reading
Oil prices rise as US official eases market concerns over economic headwinds
Inflation in Japan's capital slows more than expected, slides below BOJ goal
FBM KLCI opens lower as investors book profits
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
Meta projects higher spending, weaker revenue
Property market recovery on the horizon
Buyout proposal for Anglo American could reshape copper market

Others Also Read