Abdul Jalil to step down as Berjaya Corp CEO to pursue personal interests

It is understood that the former fund manager, who was president and group CEO of state-owned fund management company Permodalan Nasional Bhd, is considering a move back into the investment space.

18/3/2022 12:46:00 PM

It is understood that the former fund manager, who was president and group CEO of state-owned fund management company Permodalan Nasional Bhd, is considering a move back into the investment space.

KUALA LUMPUR (March 18): Several sources say Berjaya Corp Bhd’s (BCorp) chief executive officer Abdul Jalil Abdul Rasheed will be stepping down from his post to pursue his personal interests.Jalil just marked his first anniversary in BCorp on March 16.It is understood that the former fund manager, who was president and group CEO of state-owned fund management company Permodalan Nasional Bhd, one of the largest fund management companies in Malaysia with over RM300 billion assets under management, is considering

Jalil just marked his first anniversary in BCorp on March 16.It is understood that the former fund manager, who was president and group CEO of state-owned fund management company Permodalan Nasional Bhd, one of the largest fund management companies in Malaysia with over RM300 billion assets under management, is considering a move back into the investment space.

The Edgehas reached out to BCorp for comment, and is awaiting its response.Jalil is the first"non-family" member to run Tan Sri Vincent Tan's business empire.When the former fund manager took over, Jalil revealed a three-year strategic plan to reorganise the Berjaya group into five key business areas, comprising retail, food and beverage, property, hospitality, and services that include gaming, environment, digital and financial technology.

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