KUALA LUMPUR: Khazanah Nasional Bhd has appointed Datuk Hisham Hamdan as its new chief investment officer (CIO) effective March 6.
In a statement today, Khazanah said Hisham's appointment allows for greater focus on building its capabilities as an investment institution and creating new capacity and competencies, especially to meet its value creation and impact goals.
Hisham joined Khazanah in April 2011 from Sime Darby Bhd.
He has held various senior positions, including executive director of public markets and other senior roles in strategy and business development, healthcare, energy and utilities, and China.
Hisham also serves as the chairman of UEM Sunrise and the board of trustees of the Khazanah Research Institute.
Previously, he held the position of chairman of UDA Holdings Bhd, was a member of the voard of directors of Iskandar Investments Bhd and a member of the board of ValueCap.
Khazanah managing director Datuk Amirul Feisal Wan Zahir said it is confident that Hisham's vast experience and knowledge will be an asset to the company's ongoing efforts.
"This includes gearing up the organisation to build the required capacity as well as institutionalising talent development, part of our overall strategy in developing a winning team.
"This, along with our long-term strategy of Advancing Malaysia would further allow us to strengthen our position in facing the challenging global market condition," he noted.