Wahid to quit as PNB chair

Prior to his cabinet appointment, Abdul Wahid was the president and chief executive officer (CEO) of Malayan Banking Berhad (Maybank), Malaysia’s largest banking group and one of the leading banking groups in Southeast Asia, from May 2008 until June 2013. 




KUALA LUMPUR: Tan Sri Abdul Wahid Omar is negotiating exit terms and is expected to resign as group chairman of Permodalan Nasional Bhd (PNB) as early as July.

Bloomberg quoted a news report that Wahid was also expected to quit as chairman of Sime Darby Property Bhd.

Abdul Wahid declined to comment on his plans at both companies when met recently, according to the news report.

He was appointed as the PNB chairman following the completion of his term as a senator and Minister in the Prime Minister’s Department in charge of the Economic Planning Unit from June 2013 to June 2016.

Prior to his cabinet appointment, Abdul Wahid was the president and chief executive officer (CEO) of Malayan Banking Berhad (Maybank), Malaysia’s largest banking group and one of the leading banking groups in Southeast Asia, from May 2008 until June 2013.

Maybank was the third major organisation that he has led as CEO. Prior to joining Maybank, he was the group CEO of Telekom Malaysia Bhd from July 2004 until its demerger with Axiata Group Bhd in April 2008.

Source: The Star Online

Loading...

Note: If everyone who likes our content helps fund it, it would help us bring more such content in the future. For as little as RM10, you can support The Third Force, and it only takes a minute. Click the donate button on the top right or follow the link HERE if you intend to make a contribution. Thank you.



Your donation is much appreciated and will go a long way towards helping us serve you better. Click the donate button below to make a contribution (you don't need a Paypal account to donate through Paypal, simply follow the instructions once you click the button).


SUBSCRIBE TO US ON YOUTUBE:



YOUTUBE: THE THIRD FORCE

TELEGRAM: Raggie Jessy Rithaudeen

TWITTER: Raggie Jessy Rithaudeen

WEBSITE: raggiejessyrithaudeen.com

Loading...

COMMENTS

Comments

Comments



Loading...