KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has appointed Datuk Abdul Rahman Ahmad as president and group chief executive starting from July 1, 2024.
The government-linked investment company in a statement expressed its anticipation of Abdul Rahman’s return, emphasising his role in maintaining continuity and driving the execution of PNB’s recently developed Strategic Plan.
Additionally, his appointment aims to further PNB’s mission of enhancing the financial well-being of Malaysians across generations.
Abdul Rahman previously held the position of president and group chief executive of PNB from 2016 to 2019.
Currently, he serves as the group CEO of CIMB Group Holdings Bhd, a role he has held since 2020.
The announcement confirms The Edge Malaysia Weekly report about Abdul Rahman’s return to PNB, which manages approximately RM300 billion in assets, after being convinced by chairman Raja Tan Sri Arshad Raja Tun Uda.
Abdul Rahman and Raja Arshad collaborated in 2009 to found and lead the state-controlled private equity firm Ekuiti Nasional Bhd.
