Abdul Wahid Omar
|
Yang Berbahagia Tan Sri Dato' Sri Abdul Wahid Omar |
|
|---|---|
| Group Chairman Permodalan Nasional Berhad (PNB) | |
|
Assumed office 1 August 2016 |
|
| Preceded by | Ahmad Sarji Abdul Hamid |
| Personal details | |
| Born |
Abdul Wahid bin Omar 1964 |
| Citizenship | Malaysian |
| Spouse(s) | Kay Roserina Mohd Kassim |
| Alma mater | Association of Chartered Certified Accountants (ACCA), Malaysian Institute of Accounts, Institute of Chartered Accountants in England & Wales (ICAEW) |
| Occupation | Group Chairman |
| Religion | Islam |
Tan Sri Dato' Sri Abdul Wahid bin Omar (born 1964) was appointed as Group Chairman of Permodalan Nasional Berhad (PNB) on 1 August 2016 following completion of his term as a Senator and Minister in the Prime Minister’s Department in charge of Economic Planning from June 2013 to June 2016. Prior to his Cabinet appointment, he was the President & CEO of Maybank, Malaysia's largest public listed company and one of the leading financial services groups in Southeast Asia.
With over 28 years of corporate and public sector experience, Tan Sri Wahid is well regarded as one of the most versatile CEOs having led three major organisations in financial services, telecommunications and infrastructure development. He successfully led the transformation of Telekom Malaysia into a regional telecommunications group (prior to its demerger with Axiata in 2008) and spearheaded the successful turnaround of the UEM Group, Malaysia's leading infrastructure conglomerate following its takeover by Khazanah Nasional in 2001.
Tan Sri Wahid is a Fellow of the Association of Chartered Certified Accountants (ACCA), United Kingdom, a member of the Malaysian Institute of Accountants and the Institute of Chartered Accountants in England & Wales (ICAEW). Over the years, he has received many accolades including Malaysia's CEO of the Year Award 2006 by Business Times/American Express, Asian Banker's 2013 Leadership Achievement Award for Malaysia and The Edge Value Creator Award 2013.
In October 2001, Tan Sri Wahid was appointed as MD/CEO for the UEM Group. The takeover by Khazanah Nasional back then received mixed reactions. The first step that Tan Sri Wahid did to address these predicaments was to unlock the value of its highway concessions led by PLUS Expressways. The toll concession was reviewed to lower the toll rate increase (from 5% pa to 3.2% pa) but increased every 3 years. This allowed space for UEM's debts to be restructured and thereafter undertook its IPO listing on Bursa Malaysia in July 2002. Another step taken by Tan Sri Wahd was to dispose the non-core assets in order to reduce the Group's debt to a more manageable level.
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