Tenaga Nasional Bhd has announced the appointment of Datuk Shamsul Ahmad as its new president and chief executive officer, effective March 1, 2026. He will succeed Datuk Megat Jalaluddin Megat Hassan, who will complete his two-year tenure at the end of February.
Shamsul, who currently serves as Tenaga Nasional’s chief regulatory and stakeholder management officer, brings over 37 years of experience within the national electric utility, having held several senior roles across the company’s operations. His previous positions include managing director of TNB Fuel Sdn Bhd, the company’s fuel supply division, and a decade-long tenure as head of TNB Janamanjung Sdn Bhd, which operates the coal-fired Sultan Azlan Shah Power Station.
Tenaga Nasional said the leadership transition “will ensure continuity, drive transformation, and further strengthen the company’s operations,” while expressing gratitude to Megat Jalaluddin for his service and contributions to the firm.
Shamsul is a trained mechanical engineer, holding a degree from North Carolina A&T State University in the United States, and also earned a Master of Business Administration from Universiti Tenaga Nasional. His long-standing experience and deep understanding of Tenaga’s operations position him to lead the company through its ongoing transformation and growth initiatives, including sustainability efforts, renewable energy adoption, and enhancements in operational efficiency.
The announcement was positively received in the market, with Tenaga shares rising 14 sen, or about 1%, to RM14.32 during Friday’s noon trading session, giving the company a market capitalization of RM83 billion. The appointment signals Tenaga’s commitment to experienced leadership and strategic continuity as it navigates evolving energy demands in Malaysia.
