HRD Corp Appoints Ex-Banker Syed Alwi Mohamed Sultan As New CEO

KUALA LUMPUR – The Human Resource Development Corporation (HRD Corp) has named Syed Alwi Mohamed Sultan as its new chief executive officer, effective Monday.

Syed Alwi, 51, is a seasoned professional with over 27 years of experience in financial services, banking technology, and management consulting. His previous leadership roles include heading BNP Paribas Malaysia Bhd and Agrobank, as well as holding senior positions at Standard Chartered Saadiq, The Islamic Bank of Asia, and Hong Leong Bank.

According to HRD Corp, his appointment follows the resignation of former CEO Datuk Shahul Hameed Dawood in April, with chief strategy officer Rony Ambrose Gobilee having served as acting CEO in the interim.

Syed Alwi, an accounting graduate from the International Islamic University Malaysia, also holds an MBA in Islamic Finance and a PhD in finance from Universiti Malaya.

He has also led UMPSA Holdings Sdn Bhd, a subsidiary of Universiti Malaysia Pahang Al-Sultan Abdullah, and was involved with MRANTI Corporation, the agency responsible for research and innovation commercialisation in the country.

HRD Corp oversees the collection of training levies from around 800,000 employers to fund workforce development and upskilling initiatives.

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