PETALING JAYA: Tenaga Nasional Bhd (TNB) has appointed Shahazwan Harris as its chief international officer to lead International Asset Group (IAG), a new division in TNB that will deliver new growth prospects from the company’s overseas ventures.
The appointment would take effect from July 1, the company said in a statement.
Shahazwan is currently the chief strategy and transformation officer of UEM EDGENTA BHD.
He has about 23 years experience in investments, mergers and acquisitions, portfolio and asset management, as well as corporate strategy and restructuring.
A TNB scholar, Shahazwan joined the utility giant in 1996 for four years.
Thereafter, he worked at PA Consulting Group, Boston Consulting Group and Khazanah Nasional Bhd. Throughout his career at Khazanah (from 2005 to 2016), Shahazwan worked across Asia and Europe.
Post-Khazanah, he sat on the boards of Cenviro, Opus International Consultants Ltd (listed on the New Zealand Stock Exchange) and UEM Edgenta; and assumed advisory roles in Bain & Co (KL/SEA) and Temasek International (on sustainability and impact investing).
Currently, Shahazwan is a board member of UMW HOLDINGS BHD and an advisory committee member of StashAway, a robo-advisory platform in Singapore and Malaysia.
“His involvement in various sectors such as energy, telecommunications, technology, utility, aviation, sustainable development (including renewables), oil and gas, and healthcare will be of value to TNB’s long-term strategy to become a top-10 global utility by 2025,” said TNB president and chief executive officer Amir Hamzah Azizan.
The management of TNB is confident that the knowledge, experience and exposure gained by Shahazwan over the years would steer IAG’s business growth forward, added Amir Hamzah.
TNB’s current international footprint covers equity ownership in power-related assets in the United Kingdom, Turkey, India, Saudi Arabia and Pakistan.