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

PRNNS: Loke: 'We must win all 11 seats to help PH form state government'

Sports & Fitness

Spain ends Argentina’s World Cup reign with extra-time triumph to reclaim global crown

World

Cat found alive after being buried under Venezuela quake rubble for days (video)

Malaysia

“Resign if you attack fellow Unity Government partners,” Anwar enforces discipline

Malaysia

PH youth wing calls on BN ministers to quit cabinet over PN electoral alliance

Malaysia

Rosmah asks for prayers as Najib prepares for medical procedure

Malaysia

Woman at a loss after fake Hong Kong lawyer offers to recover money from previous scam

You may be interested

Business

Malaysia posts record RM340.9 billion trade in June as exports jump 45.4%

Business

Oil prices rally above US$84 per barrel as US-Iran conflict deepens

Business

Oil prices near five-week high as US-Iran conflict fuels supply concerns

Business

Plastics industry faces tough year as raw material volatility add to cost pressures