PNB MERDEKA VENTURES APPOINTS IZWAN HASLI AS CEO

KUALA LUMPUR, Dec 29 (Bernama) -- PNB Merdeka Ventures Sdn Bhd (PNBMV), the developer of the Merdeka 118 precinct in Kuala Lumpur, has appointed Datuk Ir Ts Izwan Hasli Mohd Ibrahim as its new chief executive officer (CEO), effective Jan 1, 2026.

It said Izwan Hasli, formerly Putrajaya Holdings Sdn Bhd CEO, will steer the next chapter of the Merdeka 118 precinct with a clear focus on bringing its defining destinations to life, including 118 Mall, The View at 118 Observation Deck, and the Merdeka Textile Museum. 

“With more than 25 years of leadership experience across prominent Malaysian companies such as Petronas, KLCC Group of Companies and Putrajaya Holdings, Izwan Hasli brings a track record that spans real estate development, asset management, oil and gas, and technology,” it said in a statement today. 

PNBMV, a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), said Izwan Hasli’s priorities include driving operational excellence, unlocking asset value, and ensuring that Merdeka 118 fulfils its promise as a fully integrated and vibrant precinct. 

“Building on a strong foundation, 2026 will be a pivotal year with the debut of major attractions that will bring the precinct to life.

“By embracing innovation, leveraging digital capabilities and placing people and community at the centre, we aim to position Merdeka 118 as an integrated development that sets a new benchmark for excellence,” Izwan Hasli said. 

PNB group chairman Raja Tan Sri Arshad Raja Tun Uda said the board is confident that under Izwan Hasli’s guidance, PNBMV will continue advancing this landmark precinct as a catalyst for Malaysia’s urban development ambitions.

PNBMV, incorporated in June 2000, is the landowner and sole custodian of both Stadium Merdeka and Stadium Negara. Both stadiums have been listed as “National Heritage” sites in October 2005 under the National Heritage Act 2005.

-- BERNAMA