Changes in GLCs continue

The appointment of politicians to replace corporate figures on various boards is common, says Tengku Zafrul


THE administration is continuing with the wholesale changes in government-linked companies (GLCs), with the appointment of Hulu Selangor MP Datuk P Kamalanathan as chairman of Labuan Port Authority.

Kamalanathan, who is the former deputy education minister, confirmed his appointment yesterday.

“Yes, I can confirm it,” he told The Malaysian Reserve in a text reply yesterday. “The appointment is for two years, effective July 9, 2020, until July 8, 2022.”

He succeeded Kota Kinabalu MP Chan Foong Hin for the post.

Last week, Tanjong Karang MP Tan Sri Noh Omar was appointed as the new Perbadanan Usahawan Nasional Bhd (PUNB) chairman, ending weeks of speculations whether he would get the fund’s top post after resigning from another appointment recently.

Noh succeeded Datuk Hazimah Zainuddin who last Friday relinquished her position which she held since Sept 24, 2018.

Noh had served for just 17 days as the chairman for MISC Bhd — a subsidiary of Petroliam Nasional Bhd — before he resigned prior to his appointment at PUNB.

Another politician who has a GLC appointment is PAS leader Nasruddin Hassan Tantawi, who has been tapped as chairman of the Islamic Propagation Foundation of Malaysia (Yadim), replacing Nik Omar Nik Abdul Aziz.

In 2018, Yadim announced the appointment of Nik Omar on Dec 14 to replace Dr Yusri Mohamad. His contract was for two years and was supposed to end this December.

Former CEO of Bank Muamalat Malaysia Bhd Datuk Mohd Redza Shah Abdul Wahid was appointed as the new chairman of the Malaysian Islamic Economic Development Foundation (Yapeim), replacing Datuk Dr Mohd Daud Bakar.

The appointments were confirmed by Minister in the Prime Minister’s Department (Religious Affairs) Datuk Seri Dr Zulkifli Mohamad Al-Bakri via Facebook after receiving a visit from both Nasruddin and Mohd Redza.

“I wish to express my special appreciation to Mohd Daud and Nik Omar for their contributions throughout their service.

“I hope Yadim and Yapeim will continue to drive excellence for the ummah,” he added.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said in a written parliamentary reply to Opposition leader Datuk Seri Anwar Ibrahim last week that only qualified MPs are appointed to lead companies under the Minister of Finance Inc and other GLCs.

On the appointment of politicians to replace corporate figures on various boards of directors, Tengku Zafrul also said it is a common case and has been practised in the previous government.

Critics have previously accused the Perikatan Nasional government of dishing out GLC posts to cement its power.

Prasarana Malaysia Bhd has appointed Muhammad Nizam Alias as the new president and CEO of the company effective July 18.

Muhammad Nizam, previously the group’s COO, replaced Datuk Mohamed Hazlan Mohamed Hussain as CEO in January.

The Mass Rapid Transit Corp Sdn Bhd’s (MRT Corp) board has appointed Datuk Mohd Zarif Mohd Hashim as its CEO effective July 15.

In a statement, MRT Corp said Mohd Zarif, 49, will take over from Abdul Yazid Kassim, whose tenure ended on June 30, 2020.

Before joining MRT Corp, he held various positions in the Sapura group of companies which he joined in 2007, including as group COO, a position which he had held since 2014, as well as CEO of the group’s technology and rail business clusters, which he assumed in 2011.

On his appointment, Mohd Zarif said his focus would be on ensuring that the MRT Putrajaya Line (previously the MRT Sungai Buloh-Serdang-Putrajaya Line) would be completed on time and be within the cost.

Sime Darby Bhd has appointed its non-independent non-ED Tan Sri Samsudin Osman as chairman effective immediately, following his previous appointment as the group’s acting chairman in June.

The conglomerate stated that Samsudin, 73, is Permodalan Nasional Bhd’s nominee director and has served Sime Darby as a member of the board since December 2008.