Kuala Lumpur, 5 October 2022 – Kumpulan Wang Persaraan (Diperbadankan) [KWAP] announced the appointment of Haizad Rizal A Aziz and Maz Mirza Mohd Aminurashid as KWAP’s new Chief Financial Officer (CFO) and Chief Digital Officer (CDO) respectively, effective 3 October 2022.

Haizad Rizal’s vast experience spans over 20 years, where he possesses extensive expertise in corporate decision-making, business improvement, development of financial strategies, driving transformation, and fiscal responsibility, integrity and transparency.

He has worked in Ireland for a decade and upon his return to Malaysia, he held various key positions in RHB Banking Group, and subsequently became the Group CFO in Johawaki Group of Companies. Prior to joining Sime Darby Oils in November 2021 as the CFO, he was the Group CFO of SME Bank.

Haizad Rizal is a Fellow of the Institute of Chartered Accountants (ICAI), Ireland and holds a BA (Hons), Accounting and Finance degree from Dublin Business School. He has also successfully completed the Oxford Advanced Management and Leadership Programme (OAMLP) from Said Business School, University of Oxford, United Kingdom.

Maz Mirza who brings 25 years of expertise in the Information Technology (IT) industry and cybersecurity previously served as the Head of IT at Mass Rapid Transit Corporation (MRT Corp). Before joining MRT Corp, he served as the Head of IT at Puspakom.  Prior to that, he was attached to several subsidiaries of Sime Darby group for a span of 13 years.

Maz Mirza graduated with honours from the University of Cambridge in 1997 with a degree in Computer Science.

Nik Amlizan Mohamed, Chief Executive Officer of KWAP, said, “With their wealth of experience and, more importantly, their keen understanding of the need for sustainable growth, KWAP is confident that TERAS 5, which is intended to solidify KWAP’s foundation to be future-ready and grow sustainably, will be well supported and achieved with such determined and able leaders onboard.”

Embracing a future-forward outlook, TERAS 5 is part of KWAP’s long-term view to ensure the right components are in place to support sustainable growth in order to benefit pensioners of today as well as in the future.

TERAS 5 is a three-year programme based on elevating five enablers, namely Structure, Governance, People, Processes and Digital that will drive eight workstreams.

About Kumpulan Wang Persaraan (Diperbadankan)

Kumpulan Wang Persaraan (Diperbadankan) [KWAP] or the Retirement Fund (Incorporated) was established on 1st March 2007 under the Retirement Fund Act 2007 (Act 662) replacing the repealed Pensions Trust Fund Act 1991 (Act 454).

KWAP manages contributions from the federal government and relevant agencies made into the Retirement Fund [Fund] to obtain optimum returns on its investments through sound management and investment of the Fund in equity, fixed income securities, money market instruments, and other forms of investments as permitted under the Retirement Fund Act 2007 (Act 662). The Fund shall be applied towards assisting the Federal Government in financing its pension duties. In 2015, KWAP was officially appointed as an agent of the Federal Government for the purpose of pension payment, gratuity, or other benefits granted under any written law from the Consolidated Fund as agreed between the Federal Government and KWAP.

Visit www.kwap.gov.my for more information.

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