PETALING JAYA: The Armed Forces Fund Board (LTAT) has announced the resignation of Datuk Ahmad Nazim Abd Rahman as its chief executive with immediate effect.

       In a statement, LTAT said Ahmad Nazim had been an integral part of its growth and success.

       “Under his leadership, the organisation has achieved significant milestones, including the launch of LTAT Strategic Plan 2023-2025.

       “His strategic vision and unwavering commitment have propelled LTAT to new heights towards becoming a sustainable provident fund.

       In the same statement, Ahmad Nazim said it had been a privilege to serve as chief executive of LTAT.

       “I am incredibly proud of what we have accomplished together as a team, and I am confident that the organisation is well-positioned for continued success in the future.”

       Meanwhile, LTAT chairman, Tan Sri Raja Mohamed Affandi Raja Mohamed Noor expressed his gratitude to Ahmad Nazim for his exceptional dedication and contributions to LTAT and its group of companies during his tenure.

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       "We laud his efforts in ensuring LTAT and its stakeholders’ interests, particularly contributors, are not only safeguarded but will also continue to grow.

       “We wish him the very best in his future endeavours. As we begin the search for a new chief executive, we remain focused on executing our strategic priorities and delivering value.”