Date: 26 Jan 2024
Ahmad Zulqarnain Onn Appointed As The New EPF CEO

KWASA DAMANSARA, 26 January 2024: The Board of the Employees Provident Fund (EPF) is pleased to announce the appointment of Encik Ahmad Zulqarnain Onn as the EPF’s new Chief Executive Officer (CEO), effective 19 February 2024.


Previously helming Permodalan Nasional Berhad (PNB) as President and Group Chief Executive, Encik Ahmad Zulqarnain succeeds YB Senator Datuk Seri Amir Hamzah Azizan, who was appointed as the Minister of Finance II, after leading the Fund since 1 March 2021.


Encik Ahmad Zulqarnain brings with him strong corporate background, having served as the CEO of Danajamin Nasional Berhad, the Deputy Managing Director of Khazanah Nasional Berhad, and the President and Group Chief Executive of Permodalan Nasional Berhad (PNB) before joining the EPF. He has a Bachelor’s Degree in Economics from Harvard University.


EPF Chairman Tan Sri Ahmad Badri Mohd Zahir said, “The EPF Board extends their heartfelt gratitude to Datuk Seri Amir Hamzah for his exemplary service to the EPF and significant contributions and achievements, which have positioned the EPF for continued success. At the same time, we would like to welcome and congratulate Encik Ahmad Zulqarnain on his appointment as the new EPF CEO. With his extensive corporate experience, we are looking forward to his dynamic and focused leadership to drive the EPF to greater heights.”


He added that the entire EPF team is committed to ensuring a seamless transition and looks forward to Encik Ahmad Zulqarnain’s leadership and strategic direction in fulfilling EPF’s mission to safeguard the retirement future and wellbeing of EPF’s 15.9 million members.


Issued by the EPF Media Desk 
Corporate Affairs Department
26 January 202

About the Employees Provident Fund (EPF)

The Employees Provident Fund® (EPF®) is Malaysia’s premier retirement savings fund, helping its members achieve adequate savings for a comfortable retirement. This is in line with EPF’s vision to help members achieve a better future and its mission to safeguard members’ savings and deliver excellent services. The EPF has evolved significantly from a transaction-centric to a professional fund management organisation with a strong focus on retirement security. The EPF is guided by a robust and professional governance framework when making investment decisions. It continues to play a catalytic role in the nation’s economic growth and seeks to cultivate a savings and investment culture among its members to improve the country’s financial literacy level.