Malaysia $242 Billion Employees Provident Fund Allocated $40 Billion Assets Representing 17% of AUM to External Asset Managers in 2023, Recognized BNP Paribas Asset Management as Best Global Bond Manager in 2023, Amundi Asset Management as Best Global Equity Manager in 2023 & Malaysia AHAM Capital Asset Management as Best Domestic Equity Fund Manager in 2023
29th May 2024 | Hong Kong
Malaysia Employees Provident Fund (EPF) with $242 billion AUM had allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
“ Malaysia $242 Billion Employees Provident Fund Allocated $40 Billion Assets Representing 17% of AUM to External Asset Managers in 2023, Recognized BNP Paribas Asset Management as Best Global Bond Manager in 2023, Amundi Asset Management as Best Global Equity Manager in 2023 & Malaysia AHAM Capital Asset Management as Best Domestic Equity Fund Manager in 2023 “
Malaysia $230 Billion Employees Provident Fund EPF Appoints Ahmad Zulqarnain Onn as New CEO, Currently CEO of Malaysia Largest Asset Manager & State-Owned Permodalan Nasional Berhad PNB with $72 Billion AUM, Succeeds Datuk Seri Amir Hamzah Azizan Who was Appointed as Malaysia Finance Minister II in 2023 December
31st January 2024 – Malaysia Employees Provident Fund (EPF) with $230 billion AUM (Assets under Management) has appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn is currently the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
Employees Provident Fund (EPF)
The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991.
Permodalan Nasional Berhad (PNB)
Permodalan Nasional Berhad (PNB) is one of the largest fund management companies in Malaysia with assets under management (AUM) exceeding RM300 billion. PNB’s portfolio covers strategic investments in Malaysia’s leading corporates, global equities, private investments and real estate. For over four decades, we remain focused in contributing to the wealth of Bumiputeras and all Malaysians and are dedicated to fulfilling our purpose to uplift the financial lives of Malaysians across generations. We are committed to sustainability, responsible practices, and the creation of an inclusive future that benefits both our stakeholders and the communities we serve.
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