Who We Are - Leadership | Permodalan Nasional Berhad (PNB)

Who We Are

Leadership

Our Leadership

We are driven by our values and steered by leaders committed to PNB’s purpose to uplift the financial lives of Malaysians across generations.

Board of Trustee Board of Directors Shariah Advisory Committee Leadership Team

YAB Dato' Seri Anwar Ibrahim

Chairman of YPB
YB Senator Datuk Seri Amir Hamzah Azizan
YM Raja Tan Sri Dato’ Seri Arshad Raja Tun Uda

Group Chairman of PNB

Tan Sri Dato’ Seri Raja Arshad was appointed as the Group Chairman of PNB on 1 June 2023. Prior to the appointment, Tan Sri Dato’ Seri Raja Arshad was the Chairman of Ekuiti Nasional Berhad, a government-linked private equity firm and Chairman of Icon Offshore Berhad. Raja Arshad retired from Maxis Berhad after 14 years as a Director, 11 of which as its Chairman. He was formerly a Director of Khazanah Nasional Berhad and Sime Darby Berhad. Tan Sri Dato’ Seri Raja Arshad has been the Chancellor of Universiti Selangor since 2011. Prior to this, Tan Sri Dato’ Seri Raja Arshad held the position as Executive Chairman of PricewaterhouseCoopers Malaysia (“PwC”) for 18 years. He was a Chairman of the Leadership Team of PwC Asia 7 and a member of the PwC Global IFRS Board. During the Asian financial crisis of 1997, Tan Sri Dato’ Seri Raja Arshad was appointed as Chairman of the Board of Danamodal Nasional Berhad, one of three special purpose vehicles set up by the government to manage the financial crisis. His previous public appointments included being a member of the Securities Commission Malaysia, the Malaysian Communications and Multimedia Commission, the Investment Panel of the Employees Provident Fund and the Board of Trustees of the National Art Gallery.
YBHG Tan Sri Dato’ Setia Haji Ambrin Buang
YM Raja Tan Sri Dato’ Seri Arshad Raja Tun Uda

Group Chairman of PNB

Tan Sri Dato’ Seri Raja Arshad was appointed as the Group Chairman of PNB on 1 June 2023. Prior to the appointment, Tan Sri Dato’ Seri Raja Arshad was the Chairman of Ekuiti Nasional Berhad, a government-linked private equity firm and Chairman of Icon Offshore Berhad. Tan Sri Dato’ Seri Raja Arshad retired from Maxis Berhad after 14 years as a Director, 11 of which as its Chairman. He was formerly a Director of Khazanah Nasional Berhad and Sime Darby Berhad. Tan Sri Dato’ Seri Raja Arshad has been the Chancellor of Universiti Selangor since 2011. Prior to this, Tan Sri Dato’ Seri Raja Arshad held the position as Executive Chairman of PricewaterhouseCoopers Malaysia (“PwC”) for 18 years. He was a Chairman of the Leadership Team of PwC Asia 7 and a member of the PwC Global IFRS Board. During the Asian financial crisis of 1997, Tan Sri Dato’ Seri Raja Arshad was appointed as Chairman of the Board of Danamodal Nasional Berhad, one of three special purpose vehicles set up by the government to manage the financial crisis. His previous public appointments included being a member of the Securities Commission Malaysia, the Malaysian Communications and Multimedia Commission, the Investment Panel of the Employees Provident Fund and the Board of Trustees of the National Art Gallery.
Dato' Abdul Rahman Ahmad

President & Group Chief Executive
Tan Sri Datuk Zainun Ali

Tan Sri Datuk Zainun was appointed as a member of the Board of PNB on 1 January 2019, after having served in the government in various capacities in the Legal and Judicial Services since 1976. After her stint as the Legal Adviser to Ministries, which included her service as the Registrar of Companies and Chief Registrar of the Federal Court, she was elevated to the Bench in 1996 as a High Court Judge. She was subsequently promoted to the Court of Appeal Bench and later reached the apex court in 2012, as a Federal Court Judge.
Dato Dr. Nik Ramlah Nik Mahmood

Dato Dr. Nik Ramlah was appointed to the Board of PNB on 1 January 2019, and ASNB on 1 January 2017. She retired in March 2016, having worked at Securities Commission Malaysia (SC) for almost 23 years, holding various positions from Manager for Law Reform to Deputy Chief Executive. Throughout her years in the SC, Dato Dr. Nik Ramlah has been directly involved in most areas of capital market development and regulation, providing strategic and legal guidance in product and market development, bond market, fund management, corporate governance and Islamic finance. Prior to joining the SC, Dato Dr. Nik Ramlah was an Associate Professor at the Faculty of Law, University of Malaya, where she had also served as Deputy Dean.
Dato’ Johan Ariffin

Dato’ Johan was appointed to the Board of PNB on 1 January 2019. He started his career in the real estate division of Citibank. Thereafter, he held various senior positions in several subsidiaries of public listed companies while venturing into his own successful marketing and advertising consultancy and property development business. He then headed Danaharta’s Property Division as Senior General Manager before moving on to head TTDI Development Sdn Bhd up to January 2009. He also served on the Board of Malayan Banking Berhad for nine years up to April 2018, and Sime Darby Property Berhad until June 2020. He was the Chairman of Battersea Project Holding Company Limited from September 2015 to September 2018.
Datin Norazah Mohamed Razali

Datin Norazah Mohamed Razali was appointed as a member of the Board of PNB on 6 May 2021. She began her career with Messrs. Sidek, Teoh, Wong & Dennis as a solicitor in 1994. After obtaining her MBA in the United Kingdom, she returned to Southeast Asia and joined the management consulting firm of Booz, Allen & Hamilton in Singapore. She then joined the Boston Consulting Group (BCG) in 2000 as a consultant based in Kuala Lumpur. At BCG, Datin Norazah was promoted to Principal in 2007. Just prior to that, she assumed the role of Project Leader as well as alternating as the Asia Pacific Recruiting Head. She was elected as Partner and Managing Director of BCG in 2010 and a member of its Executive Leadership team for Southeast Asia. As a Partner, she undertook a range of leadership roles within the firm including leading BCG Malaysia from 2011 to 2014 and the Public Sector Practice in Malaysia from 2012 to 2017. While no longer a Partner and Managing Director at BCG, Datin Norazah remained as a Senior Advisor (Public Sector Practice, BCG Malaysia), a role she took on from August 2017 until December 2022. She has more than 20 years of experience advising and working with private and public sector organisations on growth and transformation, restructuring and talent development.
⁠Tan Sri Shamsul Azri Bin Abu Bakar

Tan Sri Shamsul Azri bin Abu Bakar is the 16th Chief Secretary to the Government of Malaysia. He holds a degree in Business Administration from the University of Tulsa, United States, and brings with him extensive experience in public administration and economic development throughout his career.

Prior to his appointment as Chief Secretary to the Government, Tan Sri Shamsul Azri served as the Director General of the Public Private Partnership Unit (UKAS) under the Prime Minister’s Department, where he led strategic initiatives aimed at strengthening collaboration between the public and private sectors to support Malaysia’s economic growth. He has also previously held the position of Under-Secretary at the Government Investment Companies (GIC) Division within the Ministry of Finance, in addition to various senior roles in the Ministry of Finance and the Selangor State Government.

To further enhance his professional expertise, Tan Sri Shamsul Azri has undertaken executive and professional training at several renowned institutions, including the World Bank, Cambridge Judge Business School, INSEAD and Bank Negara Malaysia.

He currently serves as Chairman and Board Member of numerous prominent organisations, including Malaysia Rail Link (MRL), Malaysia Institute of Integrity (IIM), the Judicial and Legal Training Institute (ILKAP), Lembaga Tabung Haji, the East Corridor Economic Region Development Council (ECERDC), the Iskandar Regional Development Authority (IRDA) and the North Corridor Authority Council (NCIA).
Datuk Dyg Sadiah Binti Abg Bohan

Datuk Dyg Sadiah was appointed as a member of the Board of PNB on 1 April 2026. With 33 years of service, she brings extensive leadership experience in Malaysia’s public sector. She began her career on 1 August 1989 at the Ministry of Agriculture and later strengthened her professional foundation by obtaining a Master of Business Administration from Universiti Kebangsaan Malaysia in 1998. She has held key senior roles across the Ministry of Finance, the Prime Minister’s Department, and at the World Bank.

Among her notable achievements, she served as Alternate Executive Director at the World Bank (2011–2013), representing the Southeast Asia Voting Group and contributing to high‑level global economic and development policy deliberations. Upon her return to Malaysia, she played a critical role in advancing public‑private partnerships and national development initiatives, culminating in her appointment as Director General of the Public Private Partnership Unit (UKAS).
Datuk Prof. Dr. Mohamad Akram Laldin

Chairman
Dato’ (Dr.) Haji Nooh Gadot
Dr. Aida Othman
Dato' Prof. Dr. Ashraf Md Hashim
Dato' Abdul Rahman Ahmad

President & Group Chief Executive
Dato' Rick Ramli

Deputy President & Group Chief Executive
Hanizan Hood

Group Chief Investment Officer
Mohd Irwan Ahmad Mustafa

Group Chief Strategy & Financial Officer
Muzzaffar Othman

Group Chief Operations Officer
Fadzihan Abbas Mohamed Ramlee

Group Chief Sales & Distribution Officer
Rohani Mustaffa

Group Chief Sales & Distribution Officer
Shahin Farouque Jammal Ahmad

Deputy Group Chief Investment Officer
Rose Anita Jalil

Chief Investment Officer, Fund Management
Norhanifah A. Jalil

Group Chief Human Resource Officer
Mohd Azmir Mohd Jani

Chief Risk Officer
Nimmi Kamal

Chief Corporate Affairs Officer
Hartini Zainal Abidin

Group Head, Company Secretary & Legal
Noramly Bachok @ Abdul Aziz

Group Head, Internal Audit
Sahlawati Mustafa

Group Head, Compliance & Integrity