Business

UniKL founder Ibrahim Saad to helm financial institution

Source says move will shake-up shareholders’ list; appointment to be announced soon

Updated 5 years ago · Published on 15 Aug 2021 5:15PM

UniKL founder Ibrahim Saad to helm financial institution
UniKL founder and inaugural chairman Tan Sri Ibrahim Saad’s appointment has to do with a change in the leadership of a local financial institution that is taking place today. – File pic, August 15, 2021

by Sophia Ahmad

KUALA LUMPUR – Universiti Kuala Lumpur (UniKL) founder and inaugural chairman Tan Sri Ibrahim Saad is expected to helm a leading financial institution in the country.

This appointment will allow him to be a shareholder of the institution, and shake-up the list of shareholders, with the inclusion of two other names.

A source told Getaran that the appointment will be announced after some related matters are resolved.

“Everything has been decided, we are waiting for the right time to announce (it).”

Getaran is The Vibes’ Bahasa Malaysia sister portal.

It is learnt that Ibrahim’s appointment has to do with a change in the leadership of a local financial institution that is taking place today.

Getaran had previously reported that Ibrahim and former Malayan Banking Bhd former chairman Datuk Mohaiyani Shamsuddin will be appointed as leaders of a local financial institution. – The Vibes, August 15, 2021

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