PHB Appoints New Chairman

SHAH ALAM, 12 July 2021 - Pelaburan Hartanah Berhad (PHB) is pleased to announce the appointment of Tan Sri Ahmad Nizam Salleh as its new non-independent non-executive Chairman, effective 1 August 2021. PHB’s current Chairman, Tan Sri Md Nor Yusof will be retiring from the Board effective 31 July 2021.

Tan Sri Ahmad Nizam Salleh, 64, is currently Chairman of PETRONAS and its subsidiary, KLCC Property Holdings Berhad since August 2018. He is also currently the Pro-Chancellor of Universiti Teknologi PETRONAS.

A Terengganu born, Tan Sri Ahmad Nizam’s experience in commercial property industry will further support and intensify PHB's future growth.

PHB is the operating arm of Yayasan Amanah Hartanah Bumiputera (YAHB) and it is the sponsor of Amanah Hartanah Bumiputera (AHB), a shariah-compliant real estate investment trust scheme for Bumiputera. The Board of Trustees of YAHB is chaired by the Prime Minister, YAB Tan Sri Dato’ Muhyiddin Mohd. Yassin.

“The Board and Management of PHB would like to extend our heartfelt gratitude to the outgoing Chairman, Tan Sri Md Nor Yusof for his leadership and outstanding contributions in shaping PHB as the founding chairman since his appointment in 2006. Tan Sri Md Nor's vast experiences in the financial sector and leadership positions with many prominent GLCs has been the pillar of the progress of PHB as well as the AHB scheme over the last 15 years." PHB was established in 2006 and the AHB scheme was launched in November 2010.

Posted July 12th, 2021 In Media Release 2021
Press Release
For Immediate Release

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