Business

TH appoints new investment executive director

Mohamad Damshal Awang Damit takes over effective immediately

Updated 5 years ago · Published on 11 Jan 2021 10:15PM

TH appoints new investment executive director
Mohamad Damshal Awang Damit was previously TH's chief investment officer. – Bernama pic, January 11, 2021

KUALA LUMPUR – Lembaga Tabung Haji (TH) has announced the appointment of Mohamad Damshal Awang Damit as its new executive director of investment, effective immediately.

Damshal was previously TH's chief investment officer, and has more than 27 years' experience in the local and foreign investment industry.

A chartered financial analyst, he had also served TH from 1999-2003 in corporate planning and led the fixed-income investment management team.

In a statement today, TH group managing director and chief executive officer Datuk Nik Mohd Hasyudeen Yusof said Damshal's expertise will aid the haj pilgrims' fund board face a challenging economic environment in the midst of the Covid-19 pandemic.

"TH is also focusing on producing more professional management talents in line with its goal of becoming an Islamic institution that is respected for its achievements and governance,” he said. – Bernama, January 11, 2021

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