KUALA LUMPUR: Kwasa Land, a subsidiary of the Employees Provident Fund (EPF), has appointed Mohamad Hafiz Kassim as its managing director effective yesterday.
The property developer said Mohamad Hafiz succeeded Datuk Mohd Lotfy Mohd Noh who retired end of March 2020.
Mohamad Hafiz brings with him over 20 years of corporate experience, with a focus on real estate, capital markets, private equity, financial services and accounting.
Kwasa Land said Mohamad Hafiz will lead the company’s strategy and execution in the company’s role as a master developer of Kwasa Damansara, a 2,300-acre mixed development which represents Klang Valley’s last significant greenfield land covering residential, commercial, educational, and recreational offerings.
He first joined EPF in 2008, where he was entrusted with several leadership roles within the investment division.
In addition to this posting, Kwasa Land said Mohamad Hafiz will continue leading the EPF’s real estate investment team.
In the past, he has led several departments including private markets and capital markets.
Previously, he had worked with a number of reputable firms such as Daiwa Capital, PwC United Kingdom and Malaysia, as well as Telekom Malaysia, where he started his career as an investment analyst.
Leveraging on his wealth of industry experience and deep knowledge of investments, his leadership will contribute to Kwasa Damansara’s efforts to become a leading township – one of liveable, sustainable communities, offering significant economic benefits.
Mohamad Hafiz holds a Bachelor of Science (Economics), majoring in Accounting and Finance from the London School of Economics and Political Science. He is also a Fellow of the Association of Chartered Certified Accountants and a CFA charter holder.