Tan Sri Raja Mohamed Affandi Raja Mohamed Noor. -The Star filepic
PETALING JAYA: The Armed Forces Fund Board (LTAT) has announced the retirement of General (R) Tan Sri Raja Mohamed Affandi Raja Mohamed Noor as its chairman with immediate effect.
LTAT commended the former defence forces chief for his role in bolstering the statutory body's corporate governance since his appointment in 2021.
"His leadership has been instrumental in achieving significant milestones, notably securing approval to amend the Tabung Angkatan Tentera Act 1973 to fortify LTAT's corporate governance framework.
"Under his stewardship, LTAT inaugurated the Investment Risk Policy and Guidelines, a pivotal measure ensuring the safeguarding of LTAT's investments while optimising its risk-return profile," it said in a press statement on Thursday (Feb 8).
LTAT also praised Raja Mohamed Affandi for his role in implementing an Organisational Anti-Corruption Plan, which underscored the body's dedication to ethical practices and transparency.
He was also lauded for guiding the successful completion of LTAT's Transformation Plan 2019-2023, which positioned the organisation on a robust trajectory for future growth and sustainability.
"The board, management and staff of LTAT convey their deepest gratitude to Raja Mohamed Affandi for his invaluable leadership and contributions during his tenure and wish him the very best in his future endeavours," it said.
