KUALA LUMPUR: CGS International Securities Malaysia Sdn Bhd (CGS) has appointed Tan Sri Shahril Ridza Ridzuan and former minister of health, Khairy Jamaluddin Abu Bakar as independent non-executive directors effective Feb 28, 2024.

       In a statement released, CGS said the duo will join six other board members, Carol Fong, Yuen Kwok Wai, Chan Yuen May, Azizah Binti Mohd Yatim, Alan Inn Wei Loon, and Khairi Shahrin Arief Bin Baki.

       Shahril is known for being an effective strategist, orchestrating operational turnarounds and strategic resets which led to new performance highs and returns whilst driving operational improvement transformations.

       Having held positions in the Employees Provident Fund, Khazanah Nasional Bhd, and Malaysian Resources Corporation Bhd, his experience has spanned across multiple industries from legal to fund management.

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       He is currently on the board of Axiata Group Bhd, Ekuiti Nasional Bhd, Pengurusan Danaharta Nasional, and Kuala Lumpur Kepong Bhd among others.

       The other newly appointed director, Khairy has gained vast experience in government administration, legislative representation, policy research, finance, military leadership and party politics.

       “His stellar political career includes ministerial positions with the Ministry of Health, Ministry of Science, Technology, and Innovation, and the Ministry of Youth and Sports,” CGS said.

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       During the pandemic, Khairy led one of the world’s most successful vaccination programmes by digitising the management system and instituting open-data reporting in public healthcare.

       CGS is a market-leading integrated financial services provider that offers insights on equities trading, leveraged products, wealth management, investment banking, equities research, Shariah-compliant financing, fixed income, currency and commodities, structured products and prime brokerage services in over 15 countries and regions.