October 2025

PNB Knowledge Forum 2025

21
October 2025

TRANSFORMATION

Date: 21 October 2025

Venue: The St. Regis, Kuala Lumpur

Time: 9.00 am - 5.00 pm

Highlights

About PNB Knowledge Forum (PKF) 2025

The PNB Knowledge Forum (PKF) is part of PNB Group’s initiative to provide a platform for discussing topical issues that impact the business environment and, subsequently, Malaysia's economic development. It aims to bring together thought leaders and experts to share invaluable insights, perspectives, and foster forward-looking discussions on these subjects. This year, PKF 2025 carries the theme of Transformation, surrounding regional and national shifts, organisational change, and personal journeys.

Agenda

9.00 am:

Arrival of Guests

9.30 am:

Welcoming Remarks

YBhg Dato’ Abdul Rahman bin Ahmad,

President & Group Chief Executive, Permodalan Nasional Berhad (PNB)

9.40 am:

Economic and Wealth Transformation: “The Rise of Technofeudalism"

Yanis Varoufakis,

Economist and Former Minister of Finance, Greece

Yanis Varoufakis

Economist and Former Minister of Finance, Greece

Yanis Varoufakis is an economist, political leader, and the author of numerous bestselling books, including “Talking to My Daughter: A Brief History of Capitalism” and “Technofeudalism: What Killed Capitalism?”. He came to global prominence as Greece’s Finance Minister during the Eurozone crisis, where he led high-stakes negotiations with the Eurogroup and the IMF, challenging orthodox austerity policies and advocating for debt restructuring to safeguard sovereignty and dignity. Drawing on his experience at the intersection of economics, politics, and global governance, Yanis brings a rare blend of intellectual rigour and practical insight to PKF 2025. His keynote on Economic Transformation will deliver a provocative exposé on the shifting foundations of wealth and power in the digital age, and explore what this means for Malaysia and ASEAN as they navigate new opportunities for resilience, inclusivity, and sustainable growth.

“In Conversation with Yanis Varoufakis”

Moderator:

Lorraine Hahn

Lorraine Hahn

Moderator

A former CNN & CNBC Presenter. She has interviewed personalities as diverse as the world's top heads of state, like Vladimir Putin, Vicente Fox, John Howard, Helen Clark, captains of industry, and international artists like Sir Elton John and golf legend Tiger Woods, as well as moderated business dialogues with some of the world's most powerful CEOs. Lorraine will moderate the “In Conversation Session with Yanis”, the “In Conversation Session with YAB Dato' Seri Anwar bin Ibrahim”, and the panel session on Transformation within Corporate Malaysia.

10.30 am:

Organisational Transformation: “Driving Innovation in a World of Disruption”​

Christian Majgaard,

Former Head of Global Brands, LEGO

Christian Majgaard

Former Head of Global Brands, LEGO

Christian Majgaard worked 25 years for LEGO, ending his career as the global top executive, responsible for pioneering successful innovations such as the first LEGOLAND® parks, LEGO’s first Brand stores, and LEGO’s special dedication to child education. He championed LEGO's successful shift from a low-tech plastic toy maker to a modern brand leveraging new technologies like robotics and interactivity, relying heavily on consumer engagement analytics. At PKF 2025, his keynote will highlight LEGO’s innovation history and the ability to adapt to disruption.

11.15 am:

Coffee Break

11.30 am:

  • Arrival of YAB Dato’ Seri Anwar bin Ibrahim, Prime Minister of Malaysia
  • Opening Remarks by YM Raja Tan Sri Dato’ Seri Arshad Raja Tun Uda, Group Chairman, Permodalan Nasional Berhad (PNB)​
  • Keynote Address and “In Conversation with YAB Dato’ Seri Anwar bin Ibrahim”

YAB Dato’ Seri Anwar bin Ibrahim,

Prime Minister of Malaysia

YAB Dato’ Seri Anwar bin Ibrahim

Prime Minister of Malaysia

YAB Dato’ Seri Anwar bin Ibrahim, 10th Prime Minister of Malaysia, is widely recognised for his principled leadership during Malaysia’s most turbulent economic periods and for his unwavering stance against corruption. Today, under his stewardship, the Malaysia MADANI reform agenda reflects a broader vision of transformation—not confined to GDP growth, but encompassing moral, intellectual, and societal renewal. At PKF 2025, his “In Conversation” session will explore how Malaysia can navigate transformation at the intersection of geopolitics, economics, and social justice, balancing progress with compassion, integrity, and sustainability.

Moderator:

Lorraine Hahn

Lorraine Hahn

Moderator

A former CNN & CNBC Presenter. She has interviewed personalities as diverse as the world's top heads of state, like Vladimir Putin, Vicente Fox, John Howard, Helen Clark, captains of industry, and international artists like Sir Elton John and golf legend Tiger Woods, as well as moderated business dialogues with some of the world's most powerful CEOs. Lorraine will moderate the “In Conversation Session with Yanis”, the “In Conversation Session with YAB Dato' Seri Anwar bin Ibrahim”, and the panel session on Transformation within Corporate Malaysia.

12.45 pm:

Luncheon Presentation: “Transformation in the Geopolitical Landscape and Economy – South Asia and Southeast Asia”​

Shaun Cochran,

Head of Research, CLSA

Shaun Cochran

Head of Research, CLSA

Shaun Cochran became Group Head of Research at CLSA in April 2019, overseeing all aspects of the research product. Previously, he was Global Head of Thematic Research, coordinating global analysts to identify long-term investment themes. From 2007 to 2014, he led CLSA’s Korea research team and later served as Country Head. At PKF 2025, Shaun will deliver a presentation on how global markets are reconfiguring in the aftermath of shifting supply chains, technological disruption and geopolitical rivalry.

  • Lunch served 30 minutes
  • Luncheon presentation starts at 1:15 p.m.​

2.15 pm:

Session Break

2.30 pm:

Panel Session: “Transformation at Scale: Delivering Sustainable Shareholder Value in Malaysia”​

YBhg Dato’ Rick Ramli,

Deputy President & Group Chief Executive, Permodalan Nasional Berhad (PNB)

YBhg Dato’ Rick Ramli

Deputy President & Group Chief Executive, Permodalan Nasional Berhad (PNB)

Dato' Rick Ramli, along with the PGCE, works hand in hand in overseeing the overall management of PNB Group. He spearheads the overall operational activities within six key divisions - Strategy & Finance, Investments, Sales & Distribution, Operations, Corporate Affairs, and Human Capital. Dato' Rick will share his perspective on corporate transformation in Malaysia including areas such as building a resilient portfolio, enhancing performance of portfolio companies, and advancing sustainability practices across portfolio - all from the viewpoint of an institutional shareholder.

YBhg Dato’ Sri Khairussaleh Ramli,

President & Group Chief Executive Officer, Maybank

YBhg Dato’ Sri Khairussaleh Ramli

President & Group Chief Executive Officer, Maybank

Dato’ Sri Khairussaleh has been a key figure in the development and growth of the Malaysian banking sector, named the Best Bank CEO in Malaysia 2025 by The Asian Banker for his leadership in Maybank's M25+ strategy, which resulted in a record net profit of over MYR 10 billion in 2024, 10 million+ active digital users, and significant progress in sustainable finance and anti-fraud efforts.

YBhg Dato’ Seri Azmir Merican,

Group Managing Director & Chief Executive Officer,

Sime Darby Property Berhad (SDP)

YBhg Dato’ Seri Azmir Merican

Group Managing Director & Chief Executive Officer

Sime Darby Property Berhad (SDP)

Dato’ Seri Azmir Merican has driven transformations across three different companies over 15 years as a CEO. He is currently leading Sime Darby Property’s transformation into a real estate company under its SHIFT25 Strategy. The company delivered record financial performance in 2023 and 2024. Sime Darby Property was named Malaysia’s number one property developer at The Edge Malaysia Top Property Developers Awards 2024. At the same awards in 2023, he was recognised as Outstanding Property CEO, and in 2024 he received the Gold Award for Most People-Focused CEO at the HR Excellence Awards. Sime Darby Property is now placing Purpose at the centre of its transformation.

Moderator:

Lorraine Hahn

Lorraine Hahn

Moderator

A former CNN & CNBC Presenter. She has interviewed personalities as diverse as the world's top heads of state, like Vladimir Putin, Vicente Fox, John Howard, Helen Clark, captains of industry, and international artists like Sir Elton John and golf legend Tiger Woods, as well as moderated business dialogues with some of the world's most powerful CEOs. Lorraine will moderate the “In Conversation Session with Yanis”, the “In Conversation Session with YAB Dato' Seri Anwar bin Ibrahim”, and the panel session on Transformation within Corporate Malaysia.

3.30 pm:

Stories of Transformation from Personal Journeys to Collective Impact

“Driving Entrepreneurial Transformation in the F&B Sector”

Venon Tian, Group Chief Operating Officer, ZUS Coffee

Venon Tian

Group Chief Operating Officer, ZUS Coffee

Venon Tian has led ZUS Coffee to grow into a symbol of Malaysian pride, crossing fierce competition in the F&B sector to establish itself as a household name both locally and abroad. He has won numerous awards, including the EY Emerging Entrepreneur of the Year 2023. Prior to joining ZUS Coffee, Venon was a serial entrepreneur who had co-founded several other businesses. His story is about scaling a business and to dream globally while staying true to national roots.

“The Power of Youth to Shape a Sustainable Future”

Melati Wijsen, Founder, Bye Bye Plastic Bags

Melati Wijsen

Founder of Bye Bye Plastic Bags

Melati Wijsen founded Bye Bye Plastic Bags at the age of 12 with her younger sister and has been leading the movement driven by youth since 2013. Selected as Forbes' Top 10 most inspiring women in the country, Melati has given two global TED talks before turning 21 and has spoken on world stages, including the UN. Recently, Melati co-chaired the World Economic Forum GPAP committee and sat on the inaugural Expert Advisory Panel for the Earthshot Prize. Melati will emphasise how cross-generational collaboration, innovative education, and collective action boost the transition to a sustainable, equitable world.

“From Punchlines to Power Moves: My Transformation Journey”

Douglas Lim, Actor & Comedian

Douglas Lim

Malaysian Actor, Comedian, Television Presenter, and Emcee

Douglas is synonymous with comedy in Malaysia. His natural ability to bring laughter to people from all walks of life has earned him the nickname "King of Malaysian Comedy." In 2009, Douglas Lim started and headlined Malaysia’s most successful Stand-up Comedy Tour Group – the Malaysian Association of Chinese Comedians. From 2009 to 2018, this group played sold-out shows in Malaysia and Singapore. To wrap up the event, he will blend storytelling with comedy to reflect on life’s lessons, showing how laughter can be a powerful tool for transformation.

5.00 pm:

Networking & Refreshments

End of Programme

This event is by invitation only. For further enquiries, please contact us at [email protected]

Transformation: A Defining Question of Our Times

This thought leadership forum brings together global thinkers, national leaders, and corporate architects to explore how transformation shapes economies, organisations, and lives.

Transformation is not an abstract concept. It is the pulse of progress that decides whether societies flourish or fracture. The world is changing faster than ever, and Malaysia stands at a critical juncture where the choices we make today will determine our position in tomorrow's global economy. PKF 2025 explores transformation through four connected lenses:

  • Economic: how wealth and production are reshaped in the digital age.
  • Geographic: how nations reposition themselves amid global shifts.
  • Organisational: how firms adapt to disruption, sustainability demands, and new technologies.
  • Personal: how individuals change through resilience, learning, and creativity.

Through carefully curated sessions and diverse perspectives, PKF 2025 explores how Malaysia can navigate disruption and align policies, capital, and leadership to drive inclusive and sustainable progress.

Conversations That Matter

Keynote 1: Economic Transformation

Rethinking Wealth Creation

Dr. Yanis Varoufakis, former Finance Minister of Greece, examines the future of capitalism and the rise of digital economic structures. He warns of capitalism’s death with the rise of technofeudalism, urging us to shape the new order rather than submit to it.

Keynote 2: Organisational Transformation

Driving Innovation Through Disruption

Christian Majgaard, former Head of Global Brands at LEGO, shares lessons from one of the world's most successful corporate renewals. His keynote demonstrates how vision and innovation sustain organisations through disruption.

In conversation with YAB Prime Minister

National Reform and Malaysia MADANI

Prime Minister, YAB Dato' Seri Anwar bin Ibrahim discusses Malaysia's transformation in the context of global shifts, moderated by veteran journalist Lorraine Hahn. The conversation explores how the Prime Minister of Malaysia navigates change at the crossroads of geopolitics, economics, and society and how his own personal transformation has played a part in his national transformation agenda.

Capital and Market Transformation from a Regional Perspective

Capital and Geopolitical Shifts

Shaun Cochran, Head of Research at CLSA, examines how markets evaluate transformation. His keynote drives home a clear point that policies may set direction, but transformation only takes root when capital aligns with ambition.

Nurturing Sustainable Shareholder Value through Transformation

Corporate Transformation at Scale

Leaders from PNB, Sime Darby Property and Maybank will demonstrate how Malaysia's largest institutions deliver sustainable value while navigating disruption and governance demands.

Personal Journeys to Collective Impact

Venon Tian (ZUS Coffee founder), Melati Wijsen (a youth activist in climate change), and Douglas Lim (comedian and entrepreneur) share stories of entrepreneurial, environmental, and creative transformation that create collective change.

PKF 2025 serves as a platform to bridge knowledge gaps, provoke critical debate, and share best practices on issues central to Malaysia's economic and social transformation. The forum welcomes senior policymakers, corporate leaders, fund managers, high net worth individuals, ASNB unitholders, and students—reflecting the broad coalition required to drive meaningful change.

PKF 2025 Keynote Speakers

YAB Dato’ Seri Anwar bin Ibrahim, Prime Minister of Malaysia

YAB Dato’ Seri Anwar bin Ibrahim, 10th Prime Minister of Malaysia, is widely recognised for his principled leadership during Malaysia’s most turbulent economic periods and for his unwavering stance against corruption. Today, under his stewardship, the Malaysia MADANI reform agenda reflects a broader vision of transformation—not confined to GDP growth, but encompassing moral, intellectual, and societal renewal. At PKF 2025, his “In Conversation” session will explore how Malaysia can navigate transformation at the intersection of geopolitics, economics, and social justice, balancing progress with compassion, integrity, and sustainability.

Yanis Varoufakis, Former Greece Minister of Finance

Yanis Varoufakis is an economist, political leader, and the author of numerous bestselling books, including “Talking to My Daughter: A Brief History of Capitalism” and “Technofeudalism: What Killed Capitalism?”. He came to global prominence as Greece’s Finance Minister during the Eurozone crisis, where he led high-stakes negotiations with the Eurogroup and the IMF, challenging orthodox austerity policies and advocating for debt restructuring to safeguard sovereignty and dignity. Drawing on his experience at the intersection of economics, politics, and global governance, Yanis brings a rare blend of intellectual rigour and practical insight to PKF 2025. His keynote on Economic Transformation will deliver a provocative exposé on the shifting foundations of wealth and power in the digital age, and explore what this means for Malaysia and ASEAN as they navigate new opportunities for resilience, inclusivity, and sustainable growth.

Christian Majgaard, Former Head of Global Brands, LEGO

Christian Majgaard worked 25 years for LEGO, ending his career as the global top executive, responsible for pioneering successful innovations such as the first LEGOLAND® parks, LEGO’s first Brand stores, and LEGO’s special dedication to child education. He championed LEGO's successful shift from a low-tech plastic toy maker to a modern brand leveraging new technologies like robotics and interactivity, relying heavily on consumer engagement analytics. At PKF 2025, his keynote will highlight LEGO’s innovation history and the ability to adapt to disruption.

PKF 2025 Luncheon Session Presenter

Shaun Cochran, Head of Research, CLSA

Shaun Cochran became Group Head of Research at CLSA in April 2019, overseeing all aspects of the research product. Previously, he was Global Head of Thematic Research, coordinating global analysts to identify long-term investment themes. From 2007 to 2014, he led CLSA’s Korea research team and later served as Country Head. At PKF 2025, Shaun will deliver a presentation on how global markets are reconfiguring in the aftermath of shifting supply chains, technological disruption and geopolitical rivalry.

PKF 2025 Panel Session Speakers

Dato’ Rick Ramli, Deputy President and Group Chief Executive, Permodalan Nasional Berhad (PNB)

Dato' Rick Ramli, along with the PGCE, works hand in hand in overseeing the overall management of PNB Group. He spearheads the overall operational activities within six key divisions - Strategy & Finance, Investments, Sales & Distribution, Operations, Corporate Affairs, and Human Capital. Dato' Rick will share his perspective on corporate transformation in Malaysia including areas such as building a resilient portfolio, enhancing performance of portfolio companies, and advancing sustainability practices across portfolio - all from the viewpoint of an institutional shareholder.

Dato’ Sri Khairussaleh Ramli, President and Group Chief Executive Officer, Maybank

Dato’ Sri Khairussaleh has been a key figure in the development and growth of the Malaysian banking sector, named the Best Bank CEO in Malaysia 2025 by The Asian Banker for his leadership in Maybank's M25+ strategy, which resulted in a record net profit of over MYR 10 billion in 2024, 10 million+ active digital users, and significant progress in sustainable finance and anti-fraud efforts.

Dato’ Seri Azmir Merican, Group Managing Director & Chief Executive Officer, Sime Darby Property Berhad (SDP)

Dato’ Seri Azmir Merican has driven transformations across three different companies over 15 years as a CEO. He is currently leading Sime Darby Property’s transformation into a real estate company under its SHIFT25 Strategy. The company delivered record financial performance in 2023 and 2024. Sime Darby Property was named Malaysia’s number one property developer at The Edge Malaysia Top Property Developers Awards 2024. At the same awards in 2023, he was recognised as Outstanding Property CEO, and in 2024 he received the Gold Award for Most People-Focused CEO at the HR Excellence Awards. Sime Darby Property is now placing Purpose at the centre of its transformation.

PKF 2025 “Stories of Transformation” Speakers

Venon Tian, Group Chief Operating Officer, ZUS Coffee

Venon Tian has led ZUS Coffee to grow into a symbol of Malaysian pride, crossing fierce competition in the F&B sector to establish itself as a household name both locally and abroad. He has won numerous awards, including the EY Emerging Entrepreneur of the Year 2023. Prior to joining ZUS Coffee, Venon was a serial entrepreneur who had co-founded several other businesses. His story is about scaling a business and to dream globally while staying true to national roots.

Melati Wijsen, Founder of Bye Bye Plastics

Melati Wijsen founded Bye Bye Plastic Bags at the age of 12 with her younger sister and has been leading the movement driven by youth since 2013. Selected as Forbes' Top 10 most inspiring women in the country, Melati has given two global TED talks before turning 21 and has spoken on world stages, including the UN. Recently, Melati co-chaired the World Economic Forum GPAP committee and sat on the inaugural Expert Advisory Panel for the Earthshot Prize. Melati will emphasise how cross-generational collaboration, innovative education, and collective action boost the transition to a sustainable, equitable world.

Douglas Lim, Malaysian Actor, Comedian, Television Presenter, and Emcee

Douglas is synonymous with comedy in Malaysia. His natural ability to bring laughter to people from all walks of life has earned him the nickname "King of Malaysian Comedy." In 2009, Douglas Lim started and headlined Malaysia’s most successful Stand-up Comedy Tour Group – the Malaysian Association of Chinese Comedians. From 2009 to 2018, this group played sold-out shows in Malaysia and Singapore. To wrap up the event, he will blend storytelling with comedy to reflect on life’s lessons, showing how laughter can be a powerful tool for transformation.

PKF 2025 Moderator

Lorraine Hahn

A former CNN & CNBC Presenter. She has interviewed personalities as diverse as the world's top heads of state, like Vladimir Putin, Vicente Fox, John Howard, Helen Clark, captains of industry, and international artists like Sir Elton John and golf legend Tiger Woods, as well as moderated business dialogues with some of the world's most powerful CEOs. Lorraine will moderate the “In Conversation Session with Yanis”, the “In Conversation Session with YAB Dato' Seri Anwar bin Ibrahim”, and the panel session on Transformation within Corporate Malaysia.

PKF 2025 Emcee

Nazrudin Habibur Rahman

Nazrudin Rahman, or Naz, is a highly regarded host known for his work on television and highprofile business events. With experience hosting for organisations such as Bank Negara Malaysia, PETRONAS, and the Securities Commission, Naz is adept at engaging audiences, navigating economic and regulatory topics, and delivering events with professionalism and impact.