LTAT worker union urges government to expedite the new CEO appointment


THE worker union of the Armed Forces Fund Board (KKLTAT), is urging the government and defence minister to expedite the appointment of new LTAT CEO.

KKLTAT president, Zulharith Sahahrizzan Kumar Abdullah (picture) said the appointment is very important to ensure that the finances and economy of LTAT are managed more intelligently, managed and with integrity.

“We are requesting that the candidate should be a person of authority, integrity and extensive experience in the field of investment and corporate,” he told The Malaysian Reserve.

This statement is following the resignation of three LTAT top officials including former CEO Datuk Ahmad Nazim Abd Rahman, Chairman, General (R) Tan Sri Raja Mohamed Affandi Bin Raja Mohamed Noor and Senior Strategic Director, Dayana Rogayah Omar.

“KKLTAT are not willing to accept inefficient management or weak governance as it will jeopardise the future of the contributors The Malaysian Armed Forces in particular and LTAT personnel in general,” Zulharith Sahahrizzan said.

KKLTAT also hopes that the roles of LTAT Group subsidiary and owned corporation such as Boustead Holdings Berhad Ex-Army Affairs Corporation (PERHEBAT), Malaysian Property Officers Corporation (PPHM) and Malaysian Commercial Officers Corporation (PERNAMA) will be maintained and enhanced further.

It is noted that LTAT  has appointed its chief financial officer Mohammad Ashraf Md Radzi as its interim chief executive officer.

Meanwhile, the chairman’s position is currently helmed by Ministry of Defence secretary general Datuk Seri Isham Ishak in the interim. Isham was previously the deputy chairman of LTAT.

“KKLTAT also hopes that the government can provide cooperation, support, and opportunity to LTAT to make competitive investments,”  Zulharith concluded.

He added that LTAT should remain in perpetuity in providing benefits and benefiting the military contributors. LTAT workers should also be saved for a secure future.