KUALA LUMPUR (Aug 6): The Employees Provident Fund’s (EPF) deputy chief executive officer (CEO) of strategy Tunku Alizakri Alias (pictured) has been appointed the retirement fund’s new CEO, replacing outgoing Datuk Shahril Ridza Ridzuan, who has been named the new managing director of Khazanah Nasional Bhd.
“We are pleased with this internal appointment, as it is a validation of our robust succession planning which has enabled the finance minister to choose a suitable internal candidate.
“The appointment of the new CEO will ensure continuity in the performance of the EPF and assure members that the EPF will continue to run smoothly in delivering its mandate. The choice of Alizakri as CEO will help further drive the social well-being agenda for the country,” said EPF chairman Tan Sri Samsudin Osman in a statement on Saturday.
Alizakri’s appointment will take effect on Aug 20.
Samsudin went on to commend Shahril for having brought the pension fund to new heights with strong dividends during his leadership, while enhancing the EPF’s policies and improvements to customer experience.
Shahril has been CEO at EPF since April 16, 2013. Prior to that he was the fund’s deputy CEO of investment.
Alizakri has a Master of Business Administration from Cornell University, as well as a Bachelor of Law from the King’s College of the University of London.
This article first appeared in The Edge Financial Daily, on Aug 6, 2018.
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