Abdul Jalil to step down; new ceo discovered


PETALING JAYA: Berjaya Corp Bhd (BCorp) has recognized a brand new chief government officer (CEO) after it’s realized that Abdul Jalil Rasheed will probably be leaving the place of CEO roughly a 12 months after he was appointed, in line with a supply.

“It’s understood {that a} alternative has been discovered and an announcement will probably be made quickly,” the supply stated.

This got here after Abdul Jalil was reportedly stepping down from his position to pursue his private pursuits.

Abdul Jalil has simply accomplished his one 12 months at BCorp following his appointment on March 16, 2021.

He dropped a broad trace on his future on social media when he indicated his want to spend extra time with household on Twitter.

“Priorities in life actually change when you get Covid and spend time at residence. The nice factor was spending uninterrupted time with the youngsters,” he stated in certainly one of his tweets.

The anniversary of his appointment as CEO of BCorp was additionally punctuated when it was introduced that Abdul Jalil disposed of 15 million shares in BCorp through a direct enterprise transaction. He now holds a 3.318% stake in BCorp.

Previous to becoming a member of BCorp, Abdul Jalil was the president and group chief government officer of Permodalan Nasional Bhd.

He has 18 years of funding and enterprise management expertise, having labored within the UK, USA, Malaysia & Singapore with the worldwide funding corporations, Aberdeen Normal Investments and Invesco Ltd.

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