Business

TNB appoints Hasan Arifin as chairman

Former PAC chairman’s tenure effective tomorrow

Updated 5 years ago · Published on 30 Sep 2021 9:57PM

TNB appoints Hasan Arifin as chairman
Datuk Seri Hasan Arifin – current Rompin MP and Tenaga Nasional Bhd chairman – holds a Degree in Economics from University Malaya, Kuala Lumpur and completed a management course at the Asian Institute of Management in Manila. – Bernama pic, September 30, 2021

KUALA LUMPUR – Tenaga Nasional Bhd (TNB) has appointed former Public Accounts Committee (PAC) chairman Datuk Seri Hasan Arifin as its chairman effective October 1 succeeding Datuk Seri Mahdzir Khalid who was appointed Minister of Rural Development with effect from August 30.

In a statement today, the national electricity corporation said Hasan, 68, was appointed chairman of Pengurusan Aset Air Bhd last year and was the PAC chairman (2015-2018), Southeast Pahang Development Authority chairman (1995-1998) and Pahang Agricultural Development Corporation chairman (1990-1999).

He was also a member of the board of directors of UDA Holdings Bhd from 2010 to 2015 and the Federal Land Development Authority (Felda) from 1991 to 1995.

The former Deputy Menteri Besar of Pahang (1995-1999) and current Rompin MP holds a Degree in Economics from University Malaya, Kuala Lumpur and completed a management course at the Asian Institute of Management in Manila.

“I would like to thank the Finance Ministry for the trust and belief in me for my appointment as the chairman of TNB. As chairman, I am responsible to all shareholders and most importantly, the trustees,” he said.

He said more than 60% of the TNB equity shares are held by government-linked entities such as Khazanah Nasional Bhd and Employee Provident Fund.

Hassan said that given his wide experience in the corporate sector, he will not only continue the great work of his predecessors who had ensured a fair and reasonable return to all shareholders through dividends but also maintain the practice of good governance, transparency and accountability.

He also expressed his commitment to ensuring the long term goal of the management and the board in ensuring a continuous appreciation of assets.

“I hope that the board and management will continue working together to achieve a better, brighter future for the company and nation,” he added.

Meanwhile, president and chief executive officer Datuk Ir Baharin Din said Hassan’s wealth of knowledge and experience will be instrumental in TNB’s ongoing transformation initiatives and efforts to recover from the onslaught of Covid-19. – Bernama, September 30, 2021

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