Felda chairman’s surprise resignation due to health issues, says Dr M

Former Maybank chairman Megat Zaharuddin Megat Mohd Nor. (Bernama pic)

KUALA LUMPUR: Dr Mahathir Mohamad says Felda chairman Megat Zaharuddin Megat Mohd Nor resigned due to health issues, following news that the latter had stepped down less than a year after succeeding Shahrir Samad as head of the federal agency.

“He said he was not well, that’s why he asked to be let go,” the prime minister told reporters at the 33rd Asia-Pacific Roundtable here today.

Megat Zaharuddin, the former chairman of Maybank, is the second to quit the top post within the span of about a year.

Sources earlier cited a resignation letter which they said was circulated internally.

Shahrir, who was brought in to fix management issues at Felda ahead of the general election last year, resigned shortly after Barisan Nasional’s defeat.

In a statement, Felda said Economic Affairs Minister Mohamed Azmin Ali would announce the new chairman as the agency is under his ministry.