Azman Mokhtar is TH chairman


PETALING JAYA: Tan Sri Azman Mokhtar has been appointed as the new chairman of Lembaga Tabung Haji (TH), effective yesterday.

TH is confident that Azman will contribute towards steering the haj pilgrims fund board to success amid the challenges posed by the pandemic.

“Azman is well known for having led the revamp of Khazanah Nasional Bhd and the GLC Transformation Programme as the managing director from 2004 to 2018,” TH group managing director and chief executive officer Datuk Seri Amrin Awaluddin said in a statement.

The appointment of Azman is expected to further drive its ongoing efforts to become an Islamic institution respected for its performance and governance, in line with its mandate of facilitating Malaysian Muslims to save for the purpose of the haj.

Azman has also played a pivotal role in driving the success of leading Malaysian organisations which include Khazanah Nasional, Axiata Group Bhd, Iskandar Investment Bhd and IHH Healthcare Bhd.

His recent appointments include the chairman of Universiti Teknologi Malaysia, the chairman of the International Centre for Education in Islamic Finance (INCEIF) and as a member of the National Recovery Council.

Azman holds a Master of Philosophy in Development Studies from Darwin College, Cambridge University as a Chevening scholar and a diploma in Islamic Studies from International Islamic University Malaysia.

He is also a Chartered Financial Analyst and a Fellow of the Association of Chartered and Certified Accountants.

On TH’s development, Amrin said it had taken and continues to take various transformation initiatives to strengthen and ensure its sustainability, with a focus on the haj administration.

“TH is committed to ensuring its sustainability by developing a strategic plan to support transformation efforts. The plan, Hijrah24, will be driven by five key thrusts and supported by 24 strategic initiatives that will begin next year.

“At the same time, TH will continue to cooperate with the Royal Commission of Inquiry. This is expected to strengthen its governance and internal controls further to protect TH and its depositors, as well as to provide sustainable returns to depositors,” he said.

TH expresses gratitude and appreciation to Tan Sri Md Nor Yusof, who stepped down as chairman recently after holding the position since July 10, 2018. During his leadership, TH had strengthened its financial position. —Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Ringgit seen trading range-bound at RM4.38-RM4.40 against US dollar next week
CPO futures on cautious tone next week
PetChem finds good fit in Sweden’s Perstorp
Short Position - CPO prices, Green hydrogen in Malaysia
Chin Hin Group continues M&A spree
Recovery theme sustains short-term interest in M-REITs
New vehicle sales down 3.6% in April
Khazanah in S. Korean partnership with SK ecoplant
Higher palm oil price boost for Sime Darby
Pharmaniaga’s quarterly revenue rises 21.26%

Others Also Read