Khazanah S Zulqarnain Onn In Running To Replace Pnb Ceo Report

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The Edge today reported that Khazanah deputy managing director Ahmad Zulqarnain Onn is one of the candidates being considered to take over the role should Permodalan Nasional Bhd (PNB) decide to replace its group chief executive officer (CEO)
This comes as speculation mounts that PNB, one of Malaysia’s largest fund management companies, may decide to replace Jalil Rasheed
Quoting sources, The Edge said PNB's board will meet this week to decide on Jalil’s fate. Jalil (photo) is also serving as PNB president
"He (Zulqarnain) is the front-runner. He is experienced and knows the local landscape pretty well," said the source
Jalil was the youngest CEO in PNB’s history when the 38-year-old was appointed to the post by the Pakatan Harapan government last October
Yesterday, Astro Awani reported that Yayasan Pelaburan Bumiputra (YPB), of which PNB is an investment subsidiary, could meet today to discuss the matter, while the PNB board is expected to meet on June 17
YPB members comprise Prime Minister Muhyiddin Yassin, Finance Minister Tengku Zafrul Tengku Abdul Aziz, PNB chairperson Zeti Aziz and former auditor-general Ambrin Buang
It is alleged that there are discrepancies surrounding Jalil’s academic qualifications
According to a Facebook posting by veteran journalist Abdul Kadir Jasin (photo) yesterday, the current Perikatan Nasional government is allegedly using the matter to dismiss Jalil
“The reason they cooked up (to dismiss Jalil) is his academic qualifications, which some authorities said was a matter of interpretation
“Jalil had dug up the mucks of the BN era, which included deals that were unfavourable to PNB and the bumiputera unitholders,” Kadir, who was Dr Mahathir Mohamad’s media advisor, claimed
Meanwhile, Malay Mail senior correspondent Syed Jaymal Zahiid today tweeted that Jalil allegedly “ruffled feathers” with his stern decisions during his tenure
“Sources have informed me that current PNB group CEO Jalil had made several stern decisions that ruffled feathers, obviously because they involved sweet deals that would have enriched well-linked Malay business elites,” read the tweet
Syed Jaymal Zahiid@SyedJymalZahiidSources have informed me that current PNB group CEO Jalil had made several stern decisions that ruffled feathers, obviously because they involved sweet deals that would have enriched well-linked Malay business elites. Watch this space for the story
4784:04 AM - Jun 15, 2020Twitter Ads info and privacy221 people are talking about thisMalaysiakini has contacted Jalil but he has yet to respond. - Mkini

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