Business

Mida names NRC chief exec Sulaiman Mahbob as new chairman

This marks his second time holding the post, having chaired agency from 2009 to 2012 

Updated 3 years ago · Published on 05 Sep 2022 4:11PM

Mida names NRC chief exec Sulaiman Mahbob as new chairman
Tan Sri Sulaiman Mahbob is also currently a member of the board of directors for the Institute of Strategic and International Studies and the National Higher Education Fund. – SRC Multimedia University Facebook pic, September 5, 2022

KUALA LUMPUR – The Malaysian Investment Development Authority (Mida) has announced the appointment of Tan Sri Sulaiman Mahbob as its new chairman, effective last Saturday (September 3). 

This will be the second time he has been elected as chairman of the agency, having first held the post from 2009 to 2012.

Sulaiman has had a distinguished career in the public service having served in various ministries and departments. Currently, he is the chief executive officer of the National Recovery Council, member of the board of directors for the Institute of Strategic and International Studies and the National Higher Education Fund. 

He also chairs the Malaysian Institute of Economic Research, and is a board member of Deposit Insurance Corp and the Malaysian Communications and Multimedia Commission. Also active in academia, he is an adjunct professor at the Universiti Malaya and Universiti Tun Abdul Razak where he lectures in economics and public policy.

Commending Sulaiman’s appointment as Mida’s new chairman, International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said, “In facing the current geopolitical realities and landscape, Mida’s role demands, more than ever before, a creative, innovative and comprehensive approach, in increasing competitiveness and resilience towards attracting quality and high-tech investments into the country. 

“Indeed, Sulaiman’s appointment will provide a fresh perspective in contributing towards increasing the dynamism of Mida, building on his invaluable expertise and vast experience, especially in the areas of economic planning, strategic business modelling, and global trend analysis.” – Bernama, September 5, 2022

Related News

Business / 2y

Govt in ‘pre-emptive collaboration’ with Goodyear to support workers as factory shuts after 52 years

Business / 2y

Services sector shines ‘silver lining’ on investments in 2023: Tengku Zafrul

Business / 2y

984 proposed projects worth RM105.3 bil being negotiated: Zafrul

Business / 2y

Malaysia needs speed, scale to accelerate sustainable manufacturing in aerospace - Tengku Zafrul

Business / 2y

Renewable energy: Mida and UAE's Masdar to develop capacity worth RM37.8 bil in Malaysia

Business / 3y

Texas Instruments investing RM14.6 bil to expand KL, Melaka operations

Spotlight

Malaysia

Puteri Umno distances itself from viral Threads post

By Alfian Z.M. Tahir

Malaysia

MACC drops orange detention attire for court remand cases after PM’s call

World

Man jailed six years for keeping Indonesian woman as slave in Melbourne home

Malaysia

Emergency declared in Serian as haze reaches hazardous levels (UPDATED)

Malaysia

Haze in Serian enters emergency phase

Malaysia

Death sentence for deaf, mute man who killed family of four upheld

Malaysia

Retired army officer with Datuk title charged with alleged sexual assault of golf caddie

Heritage

Penang first state to recognise Hungry Ghost Festival, cemeteries as heritage

You may be interested

Business

10 per cent tariff by US not a safe ceiling, must act now – industry expert

Business

Keep power use below 600kwh, get RM100: TNB launches energy-saving campaign

Business

Oil prices holds above US$90 as Iran conflict revives supply fears

Business

Budget 2027 should unlock business investment, expand Malaysia’s productive capacity - FMM

Business

Robo.ai reports US$180m revenue following QC Capital acquisition

By Alfian Z.M. Tahir

Business

BNM holds OPR at 2.75% as Malaysia set for 5% growth

Business

Oil prices heads for 10% weekly surge as Strait of Hormuz risks mount