InvestKL CEO Zainal Amanshah to step down on July 10

InvestKL pioneer, Datuk Zainal Amanshah will step down from his position as chief executive CEO when his contract ends on July 10, 2019.

PETALING JAYA: InvestKL pioneer, Datuk Zainal Amanshah (pic), will step down from his position as CEO when his contract ends on July 10.

The investment promotion agency said Zainal was appointed the first CEO in 2011 and will have served a full eight-year term. He leaves to pursue opportunities within the private sector, it said.

“Zainal has been instrumental in setting the dynamic course of the agency. During his tenure, InvestKL had successfully attracted 80 multinational corporations (MNCs) as of May 31, 2019, bringing in total committed and approved investments of RM12bil into Greater Kuala Lumpur,” InvestKL said in a statement yesterday.

These investments have created more than 12,000 high-skilled regional job opportunities for Malaysians.

He said Malaysia is in a position of strength with its business-friendly environment and resources to attract high-value, high-skilled and innovation-led investments.

“Despite the global economic volatility amid the US and China trade tensions, among others, the InvestKL investment pipeline remains resilient. We continue to see healthy interest from the US, European, Chinese and Japanese MNCs to set up regional services and innovation hubs in Malaysia. These companies come from our targeted sectors which include smart technologies, consumer technologies, e-commerce, medical devices, industrial automation as well as energy and renewables,” Zainal said.

InvestKL chairman Datuk Seri Michael Yam announced in the statement that Muhammad Azmi Zulkifli would be the acting CEO from July 1.

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