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PNB plans to increase ASM's fund size by RM5bil

THE Amanah Saham Malaysia (ASM) fund size will be increased by RM5bil in line with the unity government’s commitment to ensure the equality of multiracial society, according to Permodalan Nasional Bhd (PNB).

Malaysia , Malaysians , Yayasan-ekuiti-nasional , Yayasan-pelaburan-bumiputra , Amanah-saham-bumiputra , Anwar-ibrahim , Dewan-rakyat , Yayasan-amanah-hartanah-bumiputra , Permodalan-nasional-bhd , Saham-malaysia , Prime-minister

PNB to increase ASM's fund size by RM5bil in line with govt's multiracial society equality commitment

KUALA LUMPUR: The Amanah Saham Malaysia (ASM) fund size will be increased by RM5 billion in line with the Unity Government’s commitment to ensure the equality of multiracial society, Permodalan Nasional Bhd (PNB) said.

Malaysia , Kuala-lumpur , Malaysians , Yayasan-ekuiti-nasional , Yayasan-pelaburan-bumiputra , Yayasan-amanah-hartanah-bumiputera , Anwar-ibrahim , Dewan-rakyat , Permodalan-nasional-bhd , Amanah-saham-bumiputera , Amanah-saham-malaysia

PNB names new chairman | Asia Asset Management


He succeeds former central banker Zeti Aziz whose three-year term ended on April 30.
Arifin was the Chief Justice of Malaysia from 2011 to 2017.
Yayasan Pelaburan Bumiputra, the foundation which is PNB’s parent, announced the appointment in a statement on May 7. It did not specify the length of Arifin’s term.
The foundation also named Norazah Razali, a senior adviser at Boston Consulting Group, as a PNB board member.
PNB had over 300 billion ringgit (US$76.8 billion) of assets under management as of end-2020.

Boston , Massachusetts , United-states , Malaysia , Norazah-razali , Permodalan-nasional , Zeti-aziz , Yayasan-pelaburan-bumiputra , Arifin-zakaria , Boston-consulting-group , Chief-justice

Arifin Zakaria appointed as PNB group chairman and YPB trustee | Money


Thursday, 06 May 2021 06:59 PM MYT
Tun Arifin Zakaria delivers his opening speech for the International Malaysian Law Conference in Kuala Lumpur in this file picture taken on September 24, 2014. — Picture by Choo Choy May
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KUALA LUMPUR, May 6 — Tun Arifin Zakaria has been appointed as Permodalan Nasional Bhd (PNB) group chairman and Yayasan Pelaburan Bumiputra (YPB) trustee effective today.
Announcing this in a statement today, PNB said he was chief justice of Malaysia between 2011 and 2017, and chief judge of the High Court from 2008 to 2011.
It said YPB has also announced the appointment of Datin Norazah Razali to the PNB board of directors with effect from May 6, 2021.

Boston , Massachusetts , United-states , Kuala-lumpur , Malaysia , Yayasan-pelaburan-bumiputra , Arifin-zakaria , Permodalan-nasional-bhd , Datin-norazah-razali , Boston-consulting-group , International-malaysian-law-conference-in-kuala-lumpur , High-court

Business summary from April 26 to May 2


Business summary from April 26 to May 2
Banking
This week alone, Standard Chartered said it would shut down half its branches and slash office space worldwide by a third in order to save costs as global lockdowns have greatly reduced the need for physical branches and offices.
Across the Causeway, OCBC Bank said this week that it would review its current need for office space and could be reducing the number of its branches as well.
In Malaysia, this trend is set to take place soon if it has not already, according to banks as well as industry observers.
Bank Negara Malaysia has appointed Abd. Rahman Abu Bakar as assistant governor effective May 1.

Saudi-arabia , Malaysia , India , Rahman-abu-bakar , Manokaran-mottain , Zeti-akhtar-aziz , Mohamed-azmin-ali , Sdn-bhd , Mohd-adhari-belal , Yayasan-pelaburan-bumiputra , Sathia-varqa , Permodalan-nasional-bhd

Zeti to retire from PNB end of April | Daily Express Online - Sabah's Leading News Portal


Published on: Friday, April 30, 2021
By: Bernama
Text Size:
Kuala Lumpur: Permodalan Nasional Bhd (PNB) has announced that its Group Chairman Tan Sri Dr Zeti Akhtar Aziz
(pic) has officially written to Prime Minister Tan Sri Muhyiddin Yassin and Chairman of Yayasan Pelaburan Bumiputra (YPB) to express her intention not to renew her tenure upon the completion of her three-year term on April 30, 2021.
“It has been my honour to have served as the group chairman of PNB for these three years, during which we have implemented our organisational transformation agenda in possibly the most tumultuous and transformative period ever experienced,” she said. 

Kuala-lumpur , Malaysia , Muhyiddin-yassin , Yayasan-pelaburan-bumiputra , Zeti-akhtar-aziz , Permodalan-nasional-bhd , Group-of-companies , Prime-minister-tan-sri-muhyiddin-yassin , Group-chief-executive-ahmad-zulqarnain-onn , Sabah , Ews , Ewspaper

Zeti to retire from PNB at the end of three year term


Zeti to retire from PNB at the end of three year term
29 Apr 2021 / 12:15 H.
Sunpix
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has announced that its group chairman, Tan Sri Dr Zeti Akhtar Aziz has officially written to Prime Minister Tan Sri Muhyiddin Yassin and chairman of Yayasan Pelaburan Bumiputra (YPB) to express her intention not to renew her tenure upon the completion of her three-year term on April 30, 2021.
“It has been my honour to have served as the group chairman of PNB for these three years, during which we have implemented our organisational transformation agenda in possibly the most tumultuous and transformative period ever experienced,” she said.

Kuala-lumpur , Malaysia , Muhyiddin-yassin , Yayasan-pelaburan-bumiputra , Zeti-akhtar-aziz , Permodalan-nasional-bhd , Group-of-companies , Tan-sri-dr-zeti-akhtar-aziz , Prime-minister-tan-sri-muhyiddin-yassin , Ahmad-zulqarnain-onn , Tan-sri-dr-zeti , குவாலா-லம்பூர்

People Digest: Top-deck updates from Partners Capital, Malaysia's PNB & Bank Pembangunan


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Malaysia , Hong-kong , Singapore , Malaysian , Khazanah-nasional-bhd , Zeti-aziz , Nazir-razak , Arjun-raghavan , Yayasan-pelaburan-bumiputra , Emmanuel-pitsilis , Arifin-zakaria , Adam-watson

Zeti steps down as PNB chairman


Tan Sri Dr. Zeti Aziz
KUALA LUMPUR: The chairman of Permodalan Nasional Bhd (PNB), Tan Sri Dr Zeti Akhtar Aziz will be stepping down with effect from April 30 after three years with the board.
In a statement Thursday, PNB said Zeti had officially written to the Prime Minister and Yayasan Pelaburan Bumiputra (YPB) chairman to express her intention not to renew her tenure as group chairman upon the completion of her three-year term on April 30.
The appointment of the new group chairman of PNB will be made by YPB in due course.
PNB said Zeti had driven PNB’s transformation journey since her appointment as group chairman in 2018, which has seen the institution achieving great strides across three key areas.

Kuala-lumpur , Malaysia , Yayasan-pelaburan-bumiputra , Zeti-akhtar-aziz , Permodalan-nasional-bhd , Tan-sri-dr-zeti-akhtar-aziz , Prime-minister , Ahmad-zulqarnain-onn , Corporate-news , Pnb , Zeti-aziz