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PNB accepts Jalil Rasheed's resignation as president, chief executive

KUALA LUMPUR: The board of directors of Permodalan Nasional Bhd (PNB) has accepted the resignation of Abdul Jalil Abdul Rasheed from the position of president and group chief executive, effective today.

In a statement today, PNB said the board of directors and leadership team conveyed their appreciation to Abdul Jalil for his leadership and contributions during his tenure with PNB.

"PNB wishes Abdul Jalil every success in his future endeavours. The board has also approved the appointment of the successor and the announcement will be made upon receipt of the requisite regulatory approvals," it said.