PHB Appoints Mohamad Damshal Awang Damit As Group Chief Executive Officer

Kuala Lumpur, 29 December 2022 - Pelaburan Hartanah Berhad (PHB) announces that Mohamad Damshal Awang Damit has been appointed as its new Group Chief Executive Officer. Mohamad Damshal, 53, will succeed Dato’ Mahmud Fauzi Muda who, on 31st December 2022, will be retiring from PHB upon expiry of his contract.

Dato’ Mahmud Fauzi, 58, joined the Company as Chief Operating Officer in January 2007 and he was promoted to Group CEO on 1st January 2019.

Mohamad Damshal has held various senior roles in investment management with major local investment institutions. He has wide experiences in Islamic finance and has held senior positions in several foreign investment companies. Until recently, he was the Chief Investment Officer of Lembaga Tabung Haji from January 2020 and later promoted to Executive Director (Investment) of Lembaga Tabung Haji in January 2021.

Mohamad Damshal holds Bachelor of Arts (Honours) in Accounting & Management Science from the University of Kent, Canterbury, UK and a Master of Business Administration from the University of Toledo, Ohio, USA. Professionally, he is also a Chartered Financial Analyst with CFA Institute, USA and a Certified Financial Planner with Financial Planning Association of Malaysia.

Meanwhile, PHB registered heartiest appreciation to Dato’ Mahmud Fauzi for his extraordinary contribution to the Company over the past 16 years as one of its founder employees.

PHB manages real estate unit trust investment, and it promotes Amanah Hartanah Bumiputera, a shariah-compliant unit trust scheme. PHB is a company under the purview of Jabatan Perdana Menteri.

Posted December 29th, 2022 In Media Release 2022
Press Release
For Immediate Release

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