Corporate Malaysia Needs Major Renovation, Says Ousted PNB Chief



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Corporate Malaysia Needs Major Renovation, Says Ousted PNB Chief


Kamles kumar

Kamles kumar

Updated 12 hours ago · Published on August 31, 2020 1:15 PM ·



Permodalan Nasional Bhd manages the savings of more than 14 million Malaysians, but that fact doesn’t stop politicians from interfering with the way it conducts business, says former CEO Jalil Rasheed. – Malaysia Insight file photo, Aug. 31, 2020.

CORPORATE Malaysia is in need of a major revamp, including the removal of any form of political intervention, said former Permodalan Nasional Bhd (PNB) president and group chief executive, Jalil Rasheed.

Under the new six-month-old Perikatan Nasional government, there were instances of massive politicking that ruined corporate governance, he said.


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