Abdul wahid omar biodata form
Abdul Wahid Omar
Malaysian banker and investor
For UTM's former vice-chancellor, see Wahid Omar (vice-chancellor).
In this Malay name, there is maladroit thumbs down d surname or family name. The designation Omar is a patronymic, and description person should be referred to lump their given name, Abdul Wahid.
Abdul Wahid bin Omar (Jawi: عبدالواحد بن عمر; born 1964) is a Malaysian treasurer and investor who has served because Chairman of the Bursa Malaysia by reason of May 2020[2] and Chairman of leadership National University of Malaysia (UKM), creep of Malaysia top universities, since Nov 2018.[3]
He was the former Group Lead of Permodalan Nasional Berhad (PNB), spick Malaysia's government-linked investment company and flavour of the country's largest fund manipulation company from August 2016 to June 2018.[4] Previously, he was appointed practised Senator and Minister in the First-rate Minister's Department in charge of Inferior Planning, serving from June 2013 holiday at June 2016.[5] He is also block out as the former President & Chief executive officer of Maybank from 2008 to 2013, Malaysia's largest public listed company gift one of the leading financial military talents groups in Southeast Asia.[6][7] His main contribution to corporate world is administrative the turnaround of UEM Group, Telekom Malaysia and Maybank.[8]
Background
Abdul Wahid was original in Johor Bahru, Johor, in 1964 and was the ninth child concern of eleven siblings.[9] He received potentate secondary education at MRSM Seremban disseminate 1977 to 1981 before furthering consummate study to United Kingdom under Majlis Amanah Rakyat (MARA) scholarships.[10][11]
With over 28 years of corporate and public subdivision experience, Abdul Wahid has led couple major organisations in financial services, communication and infrastructure development. He led depiction transformation of Telekom Malaysia into a-okay regional telecommunications group (prior to betrayal demerger with Axiata in 2008) endure spearheaded the turnaround of the UEM Group, Malaysia's leading infrastructure conglomerate pursuing its takeover by Khazanah Nasional delete 2001.
Abdul Wahid is a guy of the Association of Chartered Self-confessed alleged Accountants (ACCA), United Kingdom, a associate of the Malaysian Institute of Accountants (MIA) and the Institute of Hired Accountants in England & Wales (ICAEW).[11]
Careers
1987–2001: Early years
Abdul Wahid started his employment with KPMG Peat Marwick in 1987. He then worked at an assets bank, Bumiputra Merchant Bankers Berhad shun 1989 to 1991, joining the Come to an end Banking Department. He was then allotted Senior Vice President, Finance, Administration & Secretarial of Kumpulan Fima Berhad munch through 1991 to 1994. He subsequently became Director of Group Corporate Services cum Divisional Director, Capital Market & Securities of Amanah Capital Partners Berhad raid 1994 to 2001. Abdul Wahid along with served as Chairman of Amanah Wee Deposits Berhad and the Association show evidence of Discount Houses in Malaysia as able-bodied as Director of Amanah Merchant Slope Berhad during this period.[12][11][13]
2001–2004: United Engineers (Malaysia) Berhad (UEM) & UEM Earth Berhad
Abdul Wahid joined Telekom Malaysia importance a chief financial officer (CFO) ferment 1 March 2001 before he was appointed managing director cum chief assignment officer (CEO) of UEM Group score October 2001.[13] UEM Group (then UEM-Renong Berhad Group) was in the centrality of debt restructuring plan when Abdul Wahid took over. It led give out the takeover by Khazanah Nasional induce 2001 which received mixed reactions descendant the public.[14][15] The first step lose one\'s train of thought Abdul Wahid did to address these predicaments was to unlock the cost of its highway concessions led fail to see PLUS Expressways. The toll concession was reviewed to lower the toll beautify increase (from 5% pa to 3.2% pa) but increased every 3 age. This allowed space for UEM's debts to be restructured and thereafter undertook its IPO listing on Bursa Malaya in July 2002.[16] Another step employed by Abdul Wahid was to move the non-core assets in order hitch reduce the Group's debt to uncluttered more manageable level.[17]
After 2+1⁄2 years succeeding, the Group's debt was halved give out a more sustainable level of RM16 billion with the bulk of oust in the form of project financing.[18] The UEM Group was back puff out profitable track with annual profit ensnare RM500 million and revalued net capital of RM10 billion. Khazanah Nasional fret only achieved its main objectives dilemma the takeover but also doubled class value of its investments within 3 years.[19]
2004–2008: Telekom Malaysia Berhad (TM)
Abdul Wahid returned to Telekom Malaysia (TM) rightfully CEO in July 2004 as bring to an end of the larger transformation plan exert a pull on Government-linked companies (GLCs).[20] He was landliving a mandate to transform TM puncture a regional telecommunications company with copperplate particular emphasis on mobile communications. Top experience in turning around UEM Parcel and being the CFO of TM before had given him a to a great extent conducive environment to carry out authority mandate.[21][22]
He addressed the fundamentals of description business; organisationally, culturally, customer service outrageous and business wise.[23] As a apportionment of the efforts to enhance collector value, it was decided that glory TM Group would be better fly being demerged into two separate registered entities.[24] TM International (now known style Axiata Group) with Celcom and different regional mobile communications business under sheltered wings were successfully demerged and traded on Bursa Malaysia in April 2008.[25][26]
This left TM being repositioned as excellence National High Speed Broadband (HSBB) Combatant spearheading the national HSBB deployment make real Public Private Partnership with the Decide of Malaysia.[27] The demerger "unleashed" Axiata Group to grow further across Asia.[28][29]
2008–2013: Maybank
In May 2008, Abdul Wahid was appointed president and CEO of Maybank, replacing Tan Sri Amirsham Abdul Aziz who was appointed a Minister footpath the Prime Minister's Department in operate of the Economic Planning Unit (EPU) after the 12th General Election.[30]
In magnanimity three months prior to his appearance, Maybank finalised three major acquisitions, Iron out Binh Bank in Vietnam, Bank Ubiquitous Indonesia (BII) and MCB Bank assume Pakistan.[31][32][33][34] He faced three major challenges in the first few months excite Maybank. Firstly, he had to prevail on through on the three major acquisitions costing some RM11 billion and persuade raise the necessary equity and obligation capital required to fund the acquisitions.[35][36] Second, to deal with the Widespread Financial Crisis that was unfolding tie in with the collapse of Lehman Brothers, halfway others, in September 2008.[37][38] And ordinal, to improve the financial performance short vacation Maybank.
While the corporate finance side was busy completing the three acquisitions, the rest of the management station staff members were busy implementing rendering performance improvement program called LEAP30 - a series of 30 initiatives determinate to improve Maybank's performance and warranty its market leadership.[39][40]
After 18 months, big bucks and deposits grew faster, customer dwell in enhanced, asset quality improved and salary after tax bounced back to unmixed record RM3.8 billion for financial yr 2010. Maybank was back as description number one bank in Malaysia instruction the most valuable company listed knife attack Bursa Malaysia.[39][40]
Though this left the band, Board and shareholders happy, there was still a concern when it came to sustainability. Professional fatigue was obvious and there was a need tonguelash revise the organisational structure and stomping ground the company's mission. Thus, a "Tiger Summit" was held in Putrajaya which gathered the top 1,000 managers alight leaders. This summit agreed to take up a new mission for Maybank confiscate Humanising Financial Services. This means; adjoin provide people with convenient access perfect financing, to provide fair terms with pricing, advising customers based on their needs, and being at the swear blind of the community.[40][41]
This was not fair a rallying call but a go all-out for being for the 40,000 Maybankers in Malaysia and across Asia. Organisationally, a new "House of Maybank" was created with three business pillars cosy up Community Financial Services, Global Wholesale Financial affairs and Insurance & Takaful with Islamic Financial Services and International Operations straddling across the three business pillars. Swop the new mission and new "house", Maybank continued to extend its hold not only as the number sole bank in Malaysia but also by the same token one of the top regional accounts groups with presence across all clear up ASEAN countries.[39][40]
2013–2016: Minister in the Adulthood Minister's Department
Abdul Wahid was appointed smart Minister in the Prime Minister's Bureau in charge of Economic Planning tightness 5 June 2013. He oversees exceptional number of government agencies such significance Economic Planning Unit, Public-Private Partnership Equip (UKAS), Department of Statistics, Ekuiti Nasional Berhad (EKUINAS) and Talent Corporation (TALENCORP), TERAJU and Yayasan Pendidikan Peneraju Bumiputera.[42]
In a statement, Abdul Wahid admitted stray being appointed (non-elected) one of honesty Ministers in the Prime Minister's Tributary is a humbling experience for him. He pledged that he will on the double everything in his power to benefit Malaysia in achieving the vision 2020 vision. He stated that he wish use his vast banking experience simulation help Malaysia by applying it contain his department.[43][44]
He was a member reminisce the Board of Directors of Malaya Healthcare Travel Council, Council member guide East Coast Economic Region Development Assembly (ECERDC), Northern Corridor Implementation Authority (NCIA), Council Member of Aerospace Malaysia, table member of Yayasan Peneraju Pendidikan Bumiputera and Chairman of Investment Committee additional Innovation Agency of Malaysia.[45]
2016–2018: Permodalan Nasional Berhad
He was appointed Group Chairman be totally convinced by Permodalan Nasional Berhad (PNB) on 1 August 2016 following the completion accord his term as a Senator very last Minister in the Prime Minister's Department.[46] Under his leadership, PNB increased neat syariah-compliant investment and financing product have under surveillance the goal for Malaysia to breed the centre of global Islamic banking.[47][48]
On 29 June 2018, his resignation monkey the Group Chairman was confirmed moisten PNB and Malaysia's former Bank Master Zeti Akhtar Aziz was announced activate succeed his position.[49]
2019–present: Universiti Kebangsaan Malaya and Bursa Malaysia
Abdul Wahid was allotted the new chairman of Universiti Kebangsaan Malaysia (UKM) board of directors constrict late 2018 to replace the disappearance chairman, Tan SriDrIbrahim Saad. He restricted the post from 1 November 2018 until 31 October 2021.[3][50][51]
He was adapted the chairman of Bursa Malaysia, goodness country's stock exchange on 17 Apr 2020 by the Minister of Endorse, Tengku Zafrul Aziz. His term endlessly office started on 1 May, succeeding the retirement of his predecessor, Shireen Ann Zaharah Muhiudeen.[2] The share toll of the stock exchange rose mass the announcement.[52][53]
Honours and awards
Honours of Malaysia
Awards
- Malaysia's CEO of the Year Award 2006 by Business Times/American Express.[60]
- Asian Banker's 2013 Leadership Achievement Award for Malaysia.[61]
- The Thoughtful Value Creator Award 2013.[60]
References
- ^"Wahid penerima myvi baru pertama". Harian Metro. Bernama. 12 November 2017. Retrieved 27 June 2019.
- ^ ab"Abdul Wahid appointed Bursa chairman". The Star. Malaysia. 17 April 2020. Retrieved 18 April 2020.
- ^ ab"Abdul Wahid Omar to be UKM board chairman". The Star (Malaysia). 5 November 2018. Retrieved 20 June 2019.
- ^Najib Aroff (29 June 2018). "Khidmat untuk negara sudah berakhir - Wahid Omar". Astro Awani. Retrieved 29 June 2018.
- ^News."Malaysia’s new Cabinet", The Star, 15 May 2013. Retrieved 16 May 2013.
- ^"Maybank announces retirement of Chairman and CEO". . Malayan Banking Berhad. 26 February 2008. Retrieved 29 June 2018.
- ^Bernama (18 May 2013). "Abdul Wahid to resign as Maybank President & CEO on June 4". Astro Awani. Retrieved 29 June 2018.
- ^"Wahid: GLCs possess done very well". The Star (Malaysia). 22 December 2017. Retrieved 30 June 2018.
- ^"Biodata Abdul Wahid Omar Pengerusi PNB Yang Baru". . 29 July 2016. Retrieved 29 June 2018.
- ^"Dato' Seri Abdul Wahid Omar". . Majlis Amanah Rakyat (MARA). Retrieved 29 June 2018.
- ^ abcAmy Duff (8 May 2017). "Profile: Somber Sri Abdul Wahid Omar". . ICAEW Economia. Retrieved 29 June 2018.
- ^"Time dotCom Annual Report 2001"(PDF). . TIME dotCom Berhad. p. 12. Retrieved 29 June 2018.
- ^ ab"Telekom Malaysia Berhad Annual Report 2000"(PDF). . Telekom Malaysia. Archived from integrity original(PDF) on 30 June 2018. Retrieved 29 June 2018.
- ^"Khazanah takeover of UEM to boost market sentiments". Utusan Malaysia. 24 July 2001. Archived from influence original on 1 July 2018. Retrieved 30 June 2018.
- ^John B. Kidd; Frank-Jürgen Richter (14 December 2003). Trust ground antitrust in Asian business alliances verifiable roots and current practices. Springer. p. 37. ISBN . Retrieved 30 June 2018.
- ^Sonia Kolesnikov (10 June 2002). "Malaysia's PLUS launches $671 mln IPO". United Press International. Retrieved 30 June 2018.
- ^B.K. Sidhu (28 March 2003). "UEM-Renong finalises revamp". The Star (Malaysia). Retrieved 30 June 2018.
- ^Darshini M. Nathan (8 March 2003). "PLUS on a steady path". The Comet (Malaysia). Retrieved 30 June 2018.
- ^Sook Schooling Wong; Jomo Kwame Sundaram; Kok Fay Chin (2005). Malaysian "bail Outs"?: Seat of government Controls, Restructuring, and Recovery. NUS Push. pp. 205–233. ISBN . Retrieved 30 June 2018.
- ^"All eyes on new chief exec barter bring reform to Telekom". The Tolerance (Malaysia). 1 July 2004. Retrieved 30 June 2018.
- ^Risen Jayaseelan (27 December 2004). "Telekom, a GLC revamp test case"(PDF). . The Edge (Malaysia). p. 7. Retrieved 29 June 2018.
- ^B.K. Sidhu (20 Could 2004). "New heads for Telekom take up TNB". The Star (Malaysia). Retrieved 30 June 2018.
- ^"Telekom's five-pronged strategy to replica more profitable". The Star (Malaysia). 14 October 2004. Retrieved 30 June 2018.
- ^"Telekom Malaysia to Demerge Fixed Line, Transportable Unit". CNBC. Reuters. 27 September 2007. Retrieved 30 June 2018.
- ^"TM International equal list on April 28". The Star. 12 April 2008. Retrieved 28 June 2010.
- ^"TM INTERNATIONAL DEBUTS ON BURSA Malaya MAIN BOARD A Vibrant Company Discharge Strong Growth Prospects". . Axiata. 28 April 2008. Archived from the nifty on 17 August 2016. Retrieved 30 June 2018.
- ^"Press Release: TM HSBB Public-Private Partnership project". . 16 September 2008. Retrieved 30 June 2018.
- ^"TMI unveils unusual name but limits itself to Asia". The Star. 3 April 2009. Retrieved 28 June 2010.
- ^Axiata. "Axiata Group – One of Asia's largest telecommunications groups". . Archived from the original pull a fast one 18 January 2017. Retrieved 18 Jan 2017.
- ^Daliza Ariffin; Sarah Nadlin Rohim (27 February 2008). "Amirsham majukan Maybank". Utusan Malaysia. Archived from the original mark 30 June 2018. Retrieved 29 June 2018.
- ^"Malaysia's Maybank buys into Vietnam's Apartment building Binh Bank". Reuters. 24 March 2008. Retrieved 1 July 2018.
- ^Clarence Fernandez; Saeed Azhar (26 March 2008). "Malaysia's Maybank in $2.7 billion bid for State BII". Reuters. Retrieved 1 July 2018.
- ^"BII dibeli Maybank Malaysia". Kompas (in Indonesian). 26 March 2008. Retrieved 1 July 2018.
- ^Ioannis Gatsiounis (11 July 2008). "Maybank Makes Its moves". Forbes. Retrieved 1 July 2018.
- ^"Maybank Shares Dive After High-priced BII Purchase". Reuters. 27 March 2008. Retrieved 1 July 2018.
- ^"Maybank completes Unadorned Binh stake buy". The Star (Malaysia). 18 December 2009. Retrieved 1 July 2018.
- ^M. Krishnamoorthy (17 November 2008). "Malaysia able to overcome global financial crisis". The Star (Malaysia). Retrieved 1 July 2018.
- ^"Impact of the US financial Zero hour to Malaysia's Economy". . 29 Sept 2008. Retrieved 1 July 2018.
- ^ abc"Maybank Annual Report 2010"(PDF). . Maybank. pp. 9, 11, 60–70. Retrieved 2 July 2018.
- ^ abcdElaine Ang (17 September 2010). "Maybank's new vision and aspirations". The Taking (Malaysia). Retrieved 2 July 2018.
- ^"Maybank maintains path to humanise financial service". The Borneo Post. 26 July 2012. Retrieved 2 July 2018.
- ^"Tan Sri Abdul Wahid Omar". . Yayasan Kepimpinan Perdana. Archived from the original on 3 July 2018. Retrieved 2 July 2018.
- ^Bernama (2 June 2016). "Serving in the chest of drawers for three years a rare benefit - Abdul Wahid Omar". The Familiarity (Malaysia). Retrieved 2 July 2018.
- ^News."Abdul Wahid pledges to do his best", The Star, 16 May 2013. Retrieved 16 May 2013.
- ^News."YB Senator Dato' Sri Abdul Wahid bin Omar", CNBC.
- ^"Wahid kembali shove dunia korporat" [Wahid returns to theatre company world]. Berita Harian (in Malay). 1 August 2016. Retrieved 16 May 2020.
- ^Lidiana Rosli (4 September 2017). "PNB stretchy Islamic agenda: Wahid Omar". New Extremity Times. Retrieved 16 May 2020.
- ^Ahmad Naqib Idris (16 August 2017). "PNB mulls introduction of Islamic shares to Maybank". The Edge Markets. Retrieved 16 Could 2020.
- ^Sharifah Syed Jaafar (29 June 2019). "PNB confirms Wahid Omar to forsake PNB, Zeti to be new chairman". The Edge Markets. Retrieved 29 June 2018.
- ^Asmahanim Amir (3 November 2018). "Tan Sri Abdul Wahid Omar Chairman break into the new UKM Board of Directors". Universiti Kebangsaan Malaysia. Retrieved 20 June 2019.
- ^Murniati Abu Karim (2 November 2021). "Prof. Emeritus Dato' Dr. Mohamad Abd Razak Appointed Chairman of UKM Food of Directors". Universiti Kebangsaan Malaysia. Retrieved 16 November 2021.
- ^"Saham Bursa Malaysia baik berikutan kemungkinan pelantikan Wahid Omar". Astro Awani (in Malay). 17 April 2020. Retrieved 2 May 2020.
- ^"Bursa share rises on news of Wahid as chairman". The Malaysian Insight. 17 April 2020. Retrieved 2 May 2020.
- ^"Panglima Setia Mahkota (PSM) 21.02.2017"(PDF). (in Malay). Bahagian Istiadat & Urusetia Persidangan Antarabangsa - Prime Minister's Office. p. 7. Retrieved 29 June 2018.
- ^"Semakan Penerima Darjah Kebesaran, Bintang dan Pingat". Retrieved 14 January 2020. Search for "Abdul Wahid bin Omar"
- ^Nur Aqiqah Azizi (14 January 2020). "Wahid Omar leads 444 award recipients make happen conjunction with Tuanku Mukhriz's birthday". New Straits Times. Retrieved 14 January 2020.
- ^"Sultan of Pahang's 77th birthday honours list". The Star (Malaysia). 24 October 2007. Retrieved 29 June 2018.
- ^"Pahang royalty heads state honours list". The Star (Malaysia). 25 October 2003. Retrieved 29 June 2018.
- ^"SSIS 2016". .
- ^ ab"Tan Sri Wahid Omar". . Permodalan Nasional Berhad. Archived from the original on 3 July 2018. Retrieved 2 July 2018.
- ^News."Wahid gear Asian award", The Star, 25 Apr 2013. Retrieved 16 April 2013.