KUALA LUMPUR: The chairman of Permodalan Nasional Bhd (PNB), Tan Sri Dr Zeti Akhtar Aziz will be stepping down with effect from April 30 after three years with the board. In a statement Thursday, PNB said Zeti had officially written to the Prime Minister and Yayasan Pelaburan Bumiputra (YPB) chairman to express her intention not to renew her tenure as group chairman upon the completion of her three-year term on April 30. The appointment of the new group chairman of PNB will be made by YPB in due course. PNB said Zeti had driven PNB’s transformation journey since her appointment as group chairman in 2018, which has seen the institution achieving great strides across three key areas. Meanwhile, president and group chief executive Ahmad Zulqarnain Onn said the board and management were grateful to Zeti for her visionary leadership and invaluable contribution to PNB, ASNB, and the PNB group of companies these past three years.

Source: The Star April 29, 2021 03:45 UTC