Tenaga Nasional Bhd (TNB) has appointed former Public Accounts Committee (PAC) chairperson Hasan Arifin as its chairman effective Oct 1, 2021, succeeding Mahdzir Khalid, who was appointed rural development minister with effect from Aug 30, 2021.

Hasan, 68, was appointed chairperson of Pengurusan Aset Air Bhd last year and was the PAC chairperson (2015-2018), Southeast Pahang Development Authority chairperson (1995-1998) and Pahang Agricultural Development Corporation chairperson (1990-1999).

He was also a member of the board of directors of UDA Holdings Bhd from 2010 to 2015 and the Federal Land Development Authority (Felda) from 1991 to 1995.

The former deputy menteri besar of Pahang (1995-1999) and current Rompin member of Parliament holds a Degree in Economics from Universiti Malaya, Kuala Lumpur and completed a Management Course at the Asian Institute of Management in Manila.

“I would like to thank the Finance Ministry for the trust and belief in me for my appointment as the chairman of TNB. As chairperson, I am responsible to all shareholders and most importantly the trustees,” he said.

He said more than 60 percent of TNB’s equity shares are held by government-linked entities such as Khazanah Nasional Bhd and the Employee Provident Fund.

Hassan said, given his wide experience in the corporate sector, he would not only continue the great work of his predecessors who had ensured a fair and reasonable return to all shareholders through dividends but also maintain the practice of good governance, transparency and accountability.

He also expressed his commitment to the long-term goal of the management and the board in ensuring a continuous appreciation of assets.

“I hope that the board and management will continue working together to achieve a better, brighter future for the company and nation,” he added.

Meanwhile, president/chief executive officer Baharin Din said Hassan’s wealth of knowledge and experience would be instrumental in TNB’s ongoing transformation initiatives and efforts to recover from the onslaught of Covid-19.

- Bernama

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