Employees Provident Fund (EPF) CFO Ahmad Rizal Omar (left) and CIO Mohamad Hafiz Kassim (right).
KUALA LUMPUR: The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO), and Ahmad Rizal Omar as chief financial officer (CFO).
In a statement, the EPF said both appointments will take effect on Dec 1, 2025.
Mohamad Hafiz succeeds Rohaya Mohammad Yusof, who led the investment division for the past five years. With the EPF since 2008, he has held senior leadership roles across the private equity, private market, capital market, and real estate portfolios, and served as managing director of Kwasa Land Sdn Bhd from 2020 to 2021.
With over 25 years of experience in accounting, private markets, and fixed income, Mohamad Hafiz holds a Bachelor’s Degree in Accounting and Finance (Economics) from the London School of Economics and Political Science.
He is also a Fellow of the Association of Chartered Certified Accountants (ACCA), a Chartered Financial Analyst (CFA) charterholder, and has completed the Advanced Management Programme at Harvard Business School.
Ahmad Rizal, formerly the head of finance department, succeeds Mohamad Hafiz as CFO. He is a chartered accountant with over two decades of experience. Ahmad Rizal holds a Master of Finance from the University of Cambridge and a Bachelor of Business (Accountancy) from the Royal Melbourne Institute of Technology.
He brings extensive expertise in investment evaluation, corporate finance, and financial management. Before joining the EPF, he was CFO of PLUS Malaysia Bhd and held senior roles at Istanbul Sabiha Gökçen International Airport, Malaysia Airports Holdings Bhd
, Khazanah Nasional Bhd, and Axiata Group Bhd.
“Mohamad Hafiz brings a wealth of experience, steady leadership, and a strong understanding of the EPF’s long-term investment philosophy. His background in both investment and finance makes him the ideal individual to lead this critical portfolio. We are confident that under his stewardship, the EPF will continue delivering resilient and sustainable returns for our members,” EPF chief executive officer Ahmad Zulqarnain Onn said.
“We also congratulate Ahmad Rizal on his appointment as the new CFO. His proven leadership and financial acumen will continue to strengthen the EPF’s financial management and governance.”
