Najib, Johari and Irwan resign from Khazanah

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak and two other board members have stepped down from their positions at sovereign wealth fund Khazanah Nasional Bhd.

Khazanah said Najib resigned as chairman of the board effective May 31.

Datuk Seri Johari Abdul Ghani and Tan Sri Dr Mohd Irwan Serigar Abdullah resigned effective May 30 and May 23.

Khazanah is the government’s strategic investment fund entrusted to hold and manage the collective assets of the government and to undertake strategic investments.

The fund is involved in various sectors, such as power, telecommunications, financial institutions, healthcare, aviation, infrastructure, leisure and tourism, property, creative and media, education, and innovation and technology.

Key listed companies in Khazanah’s investment portfolio include Telekom Malaysia Bhd, Tenaga Nasional Bhd, CIMB Group, Axiata Group Bhd, IHH Healthcare Bhd, Malaysia Airports Holdings Bhd and UEM Sunrise Bhd.

Tabung Haji (TH) yesterday announced that former Treasury secretary-general Irwan is no longer a board member.

TH said the vacancy would be filled by a new Treasury representative, as provided for in the Tabung Haji Act 1995.

The TH website showed that the position had been vacant since May 14. Irwan assumed the post in 2011.

On May 14, Chief Secretary to the Government Tan Sri Dr Ali Hamsa said the Federal Government had decided that Irwan’s contract as Treasury secretary-general would be shortened, ending on June 14.

Irwan’s contract was initially from March 7 last year to March 6 next year.

Bank Negara Malaysia had also announced that he was no longer one of its directors effective May 14.