​Syed Hamadah Othman Appointed as New KWAP Chief Executive Officer​

Kuala Lumpur, 1 November 2018 – Kumpulan Wang Persaraan (Diperbadankan) [KWAP], is pleased to announce the appointment of Syed Hamadah Othman as the new Chief Executive Officer (CEO) effective 1 November 2018.

Syed Hamadah is one of the leading practitioners in pension and social security space in the country. He was previously a director at Actuarial Partners Consulting Sdn Bhd. During his tenure at the firm, he led the pension business and specialised in consulting on issues including pension funding and accounting, mergers and acquisitions, pension scheme design, pension reform and training. He was also part of the consulting team on the review of pension, social security, and healthcare system in Malaysia. He has also worked on benefit reviews and designs of major pension schemes in Malaysia and abroad. Syed Hamadah is a Fellow of the Faculty of Actuaries, United Kingdom and a Fellow of the Actuarial Society of Malaysia. He holds a BSc (Honors) in Actuarial Mathematics and Statistics from Heriot Watt University, Edinburgh.

KWAP wishes to record its thanks and appreciation to the former Chief Executive Officer, Dato' Wan Kamaruzaman Wan Ahmad for his service and contribution to KWAP, its beneficiaries, and the nation at large throughout his tenure since he joined the organisation on 2 May 2013. Dato' Wan Kamaruzaman is departing the organisation having made a significant contribution to the transformation and growth of the company where he has led momentous changes to drive future growth of KWAP. We wish him well in his future undertakings.

Throughout this transition, KWAP remains steadfast in delivering its mandate to ensure that the responsibilities towards the nation and the beneficiaries, would be fulfilled.