Ismail Bakar the new Treasury sec-gen


Datuk Seri Dr Ismail Bakar has been appointed as the new Treasury secretary general, while Tan Sri Dr Mohd Irwan Serigar Abdullah’s contract has been “shortened” effective immediately.

Chief Secretary to the Government Tan Sri Dr Ali Hamsa said Ismail’s appointment is effective June 12, 2018.

He replaced Mohd Irwan who was transferred to the Public Service Department and was pre- vented from carrying out his duties as Treasury secretary general or anything related to the Ministry of Finance (MoF) from May 14 until June 13, 2018.

Mohd Irwan’s contract cessation was widely expected following Barisan Nasional’s shocking defeat to Pakatan Harapan in the recent general election.

He was the chairman of 1Malaysia Development Bhd (1MDB) and Suria Strategic Energy Resources Sdn Bhd (SSER), the latter being the company responsible for the Trans Sabah Gas Pipeline and Multi- Product Pipeline projects.

1MDB and SSER are currently being investigated by the Malaysian Anti-Corruption Commission.

Ali said Ismail has served in the public service for 32 years since he joined the Administrative and Diplomatic Service on Jan 13, 1986. “I believe that Ismail’s knowledge, experience and credibility will empower him to carry out this responsibility effectively and be able to pursue MoF’s vision to be the strategic leader in financial success and the economy,” Ali said in the statement.

Ismail had worked with MoF as the National Budget Office director, before he moved to the Transport Ministry as the secretary general in November 2014.

He was also the former secretary general of the Ministry of Agriculture and Agro-based Industry. Moreover, he has served as senior advisor at the World Bank in Washington, DC.

Ismail holds a bachelor’s degree in economics from Universiti Malaya, as well as a master’s and doctorate degree in business administration from University of Hull, UK.

Ali said Mohd Irwan’s contract has been shortened with immediate effect, despite his contract running until March 6 next year.

Mohd Irwan has also been removed from various positions in government-related companies and agencies based on his position at MoF — including at Bank Negara Malaysia, Khazanah Nasional Bhd, Lembaga Tabung Haji and Mass Rapid Transit Corp Sdn Bhd.