KUALA LUMPUR, May 7 — Permodalan Nasional Bhd (PNB) has appointed Datuk Rizal Rickman Ramli as its new president and group chief executive (PGCE), effective July 1, 2026, following the retirement of Datuk Abdul Rahman Ahmad.
PNB said in a statement today that Rizal Rickman, who is currently the deputy PGCE, will assume the role of the acting PGCE ahead of his official appointment.
“Rizal Rickman brings more than eight years of progressive leadership at PNB, having risen through the organisation from heading its real estate, private markets, strategic investments, and investment stewardship divisions to his most recent role as deputy PGCE, where he assumed group-wide strategic and operational oversight,” said the government-linked investment company.
Rizal Rickman joined the group in 2018 and previously served as the country managing partner for Malaysia at the Boston Consulting Group.
“Rizal Rickman will provide leadership continuity and stability as PNB progresses strongly to deliver on its current LEAP-6 Strategic Plan and chart its future growth in line with PNB’s purpose of uplifting the financial lives of Malaysians across generations,” said PNB.
Abdul Rahman will retire from all executive roles upon the conclusion of his two-year contract with PNB, with his last effective working day on May 31, 2026. — Bernama
Date: 7 May, 2026 5:00 pm
Source: Malay Mail
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