The Edge today reported that Khazanah deputy managing director Ahmad Zulqarnain Onn is one of the candidates being considered to take over the role should Permodalan Nasional Bhd (PNB) decide to replace its group chief executive officer (CEO).
This comes as speculation mounts that PNB, one of Malaysia’s largest fund management companies, may decide to replace Jalil Rasheed.
Quoting sources, The Edge said PNB's board will meet this week to decide on Jalil’s fate. Jalil (photo) is also serving as PNB president.
"He (Zulqarnain) is the front-runner. He is experienced and knows the local landscape pretty well," said the source.
Jalil was the youngest CEO in PNB’s history when the 38-year-old was appointed to the post by the Pakatan Harapan government last October.
Yesterday, Astro Awani reported that Yayasan Pelaburan Bumiputra (YPB), of which PNB is an investment subsidiary, could meet today to discuss the matter, while the PNB board is expected to meet on June 17.
YPB members comprise Prime Minister Muhyiddin Yassin, Finance Minister Tengku Zafrul Tengku Abdul Aziz, PNB chairperson Zeti Aziz and former auditor-general Ambrin Buang.
It is alleged that there are discrepancies surrounding Jalil’s academic qualifications.
According to a Facebook posting by veteran journalist Abdul Kadir Jasin (photo) yesterday, the current Perikatan Nasional government is allegedly using the matter to dismiss Jalil.
“The reason they cooked up (to dismiss Jalil) is his academic qualifications, which some authorities said was a matter of interpretation.
“Jalil had dug up the mucks of the BN era, which included deals that were unfavourable to PNB and the bumiputera unitholders,” Kadir, who was Dr Mahathir Mohamad’s media advisor, claimed.
Meanwhile, Malay Mail senior correspondent Syed Jaymal Zahiid today tweeted that Jalil allegedly “ruffled feathers” with his stern decisions during his tenure.
“Sources have informed me that current PNB group CEO Jalil had made several stern decisions that ruffled feathers, obviously because they involved sweet deals that would have enriched well-linked Malay business elites,” read the tweet.
Sources have informed me that current PNB group CEO Jalil had made several stern decisions that ruffled feathers, obviously because they involved sweet deals that would have enriched well-linked Malay business elites. Watch this space for the story.
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Malaysiakini has contacted Jalil but he has yet to respond. - Mkini
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