30 April 2010
KHAZANAH STRENGTHENS FURTHER SENIOR LEADERSHIP TEAM, APPOINTS FOUR NEW EXECUTIVE DIRECTORS
Khazanah Nasional Berhad (“Khazanah”) today announced its updated Senior Leadership Team line-up that includes the appointment of four new Executive Directors and two new Directors. The exercise marks a further strengthening of its human capital and leadership formation and refreshes the senior management team for the start of Tan Sri Dato’ Azman Mokhtar’s third term as Managing Director and Chief Executive Officer (“CEO”) starting 1 June 2010.
The four new Executive Directors are Joseph Dominic Silva, Mohd Izani Ashari, Dato’ Noorazman Abd Aziz and Mohammed Rashdan Mohd Yusof.
Dominic has been promoted from his current position as Director of Investments to Executive Director of Investments while Izani Ashari has been promoted from Director of Transformation Management Office (“TMO”) to Executive Director, Special Projects at the Managing Director’s Office (“MDO”). Both promotions will take effect from 1 May 2010.
Dato’ Noorazman and Mohammed Rashdan, joins Khazanah from senior positions in the financial services industry. Both Dato’ Noorazman and Mohammed Rashdan will assume the position of Executive Director of Investments from 17 May 2010.
Meanwhile, Khazanah’s current Executive Director and Chief Financial Officer (“CFO”), Mohd Nadziruddin Mohd Basri, will be taking up a new role as Executive Director of Investments from 1 June 2010. He will be succeeded by Mohd Izani Ghani, who will be promoted to Director and CFO from Senior Vice President, Finance. The Khazanah Leadership Team will also be strengthened with the appointment of Sheranjiv Sammanthan as Director, MDO. Sheranjiv is currently in a senior position at a leading professional services firm in Malaysia. Both appointments are effective 1 June 2010.
Dominic joined Khazanah on 1 August 2008 as Director of Investments, leading the financial institutions sector team. He is currently a Director of CIMB Niaga, Indonesia. Prior to Khazanah, Dominic spent 18 years in the banking sector, of which 12 years were spent at ABN AMRO Bank, holding regional and international roles across the areas of relationship management, structured finance, capital markets, risk and portfolio management and strategic business development. Before ABN AMRO Bank, Dominic worked for a major Japanese financial group in Asia within the Corporate Finance division.
Izani Ashari, meanwhile, joined Khazanah on 1 April 2009 as Director of TMO. In his new role, he will be leading the continuing effort to drive the GLC Transformation Programme. Izani Ashari has 25 years of experience across multi-national and large companies in six different industries. Prior to joining Khazanah, he was the General Manager of Special Projects at Petronas Carigali, responsible for the transformation to strengthen the company and Petronas’ position in its Global Championship journey.
Dato’ Noorazman will be joining Khazanah from Fajr Capital Ltd., where he is currently Managing Director and Partner. He has more than 25 years of experience in international finance, corporate banking and financial markets, and Islamic banking and finance. His previous stints include CEO of Bank Islam Malaysia Berhad, Group CEO of BIMB Holdings Berhad, Director General of Labuan Offshore Financial Services Authority (“LOFSA”) as well as senior positions at Citibank Limited in Malaysia and the United States.
Mohammed Rashdan was previously CEO of Maybank Investment Bank Bhd. He was formerly the Managing Director and co-founder of BinaFikir Sdn. Bhd. Prior to that, Mohammed Rashdan was at PricewaterhouseCoopers (“PwC”) London and went on to become an Executive Director at PwC’s office in Kuala Lumpur.
Mohd Nadziruddin joined Khazanah as Director and Chief Financial Officer of Khazanah in June 2007. He was later promoted to Executive Director, Finance. He started his career with Ernst & Young Kuala Lumpur before joining Malaysian Airline System Bhd (“MAS”) in 2003. His last position at MAS was Senior General Manager – Airport Operations. He currently sits on the boards of Malaysia Airports Holdings Berhad and Penerbangan Malaysia Berhad.
Izani Ghani joined Khazanah in March 2005 to spearhead funding and treasury activities. On the funding front, he was instrumental in establishing various sukuk programmes for Khazanah and issuances of landmark USD exchangeable sukuk. Before Khazanah, he was with Putrajaya Holdings Sdn Bhd for six years, where he was primarily in charge of fund raising activities, treasury and project payments. Izani Ghani is currently a Director on the board of Bank Muamalat Malaysia Berhad.
Sheranjiv is currently Senior Executive Director at PwC Advisory Services Malaysia. He has 18 years business advisory and management consulting experience with PwC London and subsequently PwC Kuala Lumpur.
Khazanah also wishes to record its appreciation to Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, for his services throughout his three-year tenure at the company. Tunku Dato’ Fawzy will be retiring from his position as Executive Director of Investments, upon the expiry of his contract in May. Khazanah also records its deep appreciation for the contributions of Allahyarham Ismael Fariz Ali who passed away in December 2009, where he had served Khazanah as Executive Director of Investments.
With these changes, Khazanah’s updated leadership team line-up, is as below:
Managing Director and Chief Executive Officer : Tan Sri Dato’ Azman Hj. Mokhtar
Executive Director and Chief Operating Officer : Dato’ Mohammad Zainal Shaari
Executive Director and Head of Investments : Ganen Sarvananthan
Executive Director of Investments : Ben Chan
Executive Director of Investments : Michael Jude Fernandes
Executive Director of Investments : Joseph Dominic Silva
Executive Director of Investments : Dato’ Noorazman Abd Aziz
Executive Director of Investments : Mohammed Rashdan Mohd Yusof
Executive Director of Investments : Mohd Nadziruddin Mohd Basri
Executive Director, Khazanah Research
& Investment Strategy (“KRIS”) : Dr. Nungsari Ahmad Radhi
Executive Director, Strategic Human Capital
Management (“SHCM”) : Shahnaz Al-Sadat
Executive Director, Special Projects,
Managing Director’s Office (“MDO”) : Mohd Izani Ashari
Director and Chief Financial Officer : Mohd Izani Ghani
Director, Strategic Management Unit, MDO : Ahmad Farouk Mohammed
Director, MDO : Sheranjiv Sammanthan
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