Malaysia's Khazanah names EPF CEO Shahril as managing director

Mr Shahril Ridza Ridzuan will start in his new job from Aug 20, Khazanah said in a statement on Aug 3, 2018.
Mr Shahril Ridza Ridzuan will start in his new job from Aug 20, Khazanah said in a statement on Aug 3, 2018.PHOTO: THE STAR/ASIA NEWS NETWORK

KUALA LUMPUR (REUTERS) - Malaysia's sovereign wealth fund Khazanah Nasional named Mr Shahril Ridza Ridzuan, who is currently the chief executive officer of the pension fund Employees Provident Fund (EPF), as its new managing director.

Mr Shahril will start in his new job from Aug 20, Khazanah said in a statement on Friday (Aug 3).

Malaysian Prime Minister Mahathir Mohamad was appointed the chairman of Khazanah earlier this week.

The RM157.2 billion (S$52.80 billion) fund's managing director, Mr Azman Mokhtar, and its entire board offered to resign last week in the biggest management shake-up at state-linked firms since the new government took charge in Malaysia.