PETALING JAYA: Khazanah Nasional Bhd today announced that Datuk Shahril Ridza Ridzuan has been appointed as its managing director.
In a statement released by the sovereign wealth fund today, it said Shahril will assume the post on Aug 20.
Shahril, 48, is currently the Chief Executive Officer of the Employees Provident Fund (EPF), having been appointed to the position on 16 April 2013.
He was previously Deputy Chief Executive Officer (Investment). Prior to joining the EPF, he was the Managing Director of Malaysian Resources Corporation Berhad ("MRCB"), where he was responsible for developing KL Sentral into one of the main commercial centres in Malaysia.
He previously served Pengurusan Danaharta Nasional Berhad and was involved in corporate recovery and credit restructuring following the Asian Financial Crisis of 1997.
He is presently a Non-Executive Board Member of Media Prima Bhd, Malaysia Building Society Berhad, Pengurusan Danaharta Nasional Berhad, MRCB and IJN Holdings Sdn Bhd.
Datuk Shahril holds a Master of Arts (First Class) from Cambridge University and Bachelor of Civil Law (First Class) from Oxford University and has been called to the Malaysian Bar and the Bar of England and Wales.
Khazanah also welcomed newly appointed board members and the new chairman who is Prime Minister Tun Dr Mahathir Mohamad.
"Khazanah would also like to welcome the new Chairman and Members of the Board, whose appointments were announced by the Prime Minister's Office on 30 July 2018," it said.
"In addition, Khazanah wishes to record its thanks and appreciation to the previous Members of the Board and former Managing Director Tan Sri Datuk Wira Azman Hj Mokhtar for their service and contribution to Khazanah and the nation."
Economic Affairs Minister Datuk Seri Mohamed Azmin Ali was appointed a member of the board, along with former Petronas CEO and president Tan Sri Mohd Hassan Marican, former Bank Negara Malaysia deputy governor Dr Sukhdave Singh, and former Securities Commission executive director of market development Goh Ching Yin.