Former EPF chief Shahril clocks in at Khazanah

Former Employees Provident Fund CEO Shahril Ridza Ridzuan, who is now managing director of Khazanah Nasional Bhd.

KUALA LUMPUR: Former Employees Provident Fund (EPF) CEO Shahril Ridza Ridzuan clocked in at Khazanah Nasional Bhd today as the new managing director.

He arrived at Khazanah’s office at the Kuala Lumpur City Centre at 8.50am, where he was welcomed by his officers.

Shahril is filling the vacancy created by the departure of Azman Mokhtar.

Prime Minister Dr Mahathir Mohamad meanwhile is the new chairman of the sovereign wealth fund, replacing Najib Razak who resigned on May 31.

Economic Affairs Minister Mohamed Azmin Ali, Mohd Hassan Marican, Sukhdave Singh and Goh Ching Yin have also been named as directors.

This followed the en masse offer to resign by the nine members of the Khazanah board, including Azman, on July 26. They said the move would facilitate a smooth and orderly transition under the new Pakatan Harapan government.