This article first appeared in The Edge Financial Daily on December 27, 2018 - January 2, 2019

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has appointed four new members to serve on its board of directors from Jan 1 next year.

They are Datuk Ahmad Badri Mohd Zahir, Tan Sri Datuk Zainun Ali, Datuk Dr Nik Ramlah Nik Mahmood and Datuk Johan Ariffin.

They succeed retiring board members — Tan Sri Dr Ali Hamsa, Tan Sri Dr Wan Abdul Aziz Wan Abdullah and Tan Sri Zarinah Anwar.

In a statement yesterday, PNB said Ahmad Badri is currently secretary-general of the ministry of finance and has served the ministry for over 25 years.

Zainun is a former federal court judge in Malaysia and prior to that had held various positions in the legal and judicial service.

“Nik Ramlah is the former deputy chief executive of the Securities Commission Malaysia and currently serves on the board of Amanah Saham Nasional Bhd.

“Johan, who has vast experience in property development, banking and insurance, is presently the chairman of Mitraland Group of Co and Pelaburan Hartanah Nasional Bhd and also a board member of Sime Darby Property Bhd,” it added.

PNB also announced the retirement of Professor Tan Sri Dr Noor Azlan Ghazali from the boards of ASNB and PNB Research Institute Sdn Bhd from Dec 31.