KUALA LUMPUR – Jalil Rasheed has been appointed new chief executive of Berjaya Corporation Bhd effective today, the group said in a bourse filing.
Jalil, the former president and chief executive of Permodalan Nasional Bhd, replaces Datuk Seri Robin Tan, who is the son of tycoon and Berjaya founder Tan Sri Vincent Tan Chee Yioun.
Berjaya Corporation said Jalil’s mandate will be to review the group’s “corporate structure, optimise financial and human resources, improve synergies and efficiency, enhance corporate governance and transparency, streamline the various group businesses to create and enhance shareholder value and to transform BCorp into a high performing organisation”.
He will be working alongside Vincent and Robin as well as other board members in strategic decision making and planning Berjaya Corporation’s future business direction.
“The new appointments were made to transform Berjaya Corporation into an institutionalised corporation, managed by professionals.”
Jalil is the first non-family member appointed to run the group, which is listed on the Bursa Malaysia and valued at RM945.55 million as of today.
Besides leading Malaysia’s national unit trust manager, Jalil also brings with him 18 years of investment and business leadership experience, having worked in the UK, US, Malaysia and Singapore with the global investment firms, Aberdeen Standard Investments and Invesco Limited. – The Vibes, March 16, 2021
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