EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

The EPF said Mohamad Hafiz succeeds Rohaya Mohammad Yusof, who has led the investment division for the past five years, while Ahmad Rizal, formerly the head of the finance department, succeeds Mohamad Hafiz as CFO. 

"Mohamad Hafiz has served the EPF since 2008, holding senior leadership roles across private equity, private market, capital market, and real estate portfolios. His extensive experience across the finance and investment divisions, combined with deep institutional knowledge, positions him strongly to lead the EPF’s investment strategy forward," it said in a statement today.

Meanwhile, the EPF said Ahmad Rizal is a chartered accountant with over two decades of experience, with expertise in investment evaluation, corporate finance, and financial management.  "Before joining the EPF, he served as CFO at PLUS Malaysia Bhd and held senior roles at Istanbul Sabiha Gökçen International Airport, Malaysia Airports Holdings Bhd, Khazanah Nasional Bhd, and Axiata Group Bhd," it said.

EPF chief executive officer Ahmad Zulqarnain Onn said the appointment of Mohamad Hafiz brings a wealth of experience, steady leadership, and a strong understanding of the EPF’s long-term investment philosophy.  He said his background in both investment and finance makes him the ideal individual to lead this critical portfolio. 

"We are confident that under his stewardship, the EPF will continue delivering resilient and sustainable returns for our members. We also congratulate Ahmad Rizal on his appointment as the new CFO. His proven leadership and financial acumen will continue to strengthen the EPF’s financial management and governance," he said.

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-- BERNAMA