Zeti appointed Sime Darby Property chairman

PETALING JAYA: Sime Darby Property Bhd has appointed Tan Sri Dr Zeti Akhtar Aziz as the first woman chairman of the board, replacing Tan Sri Abdul Wahid Omar who resigned on June 30.
Zeti, presently the group chairman of Permodalan Nasional Bhd (PNB) and appointed member of the Council of Eminent Persons, will assume chairmanship effective July 23.
Sime Darby Property group managing director Amrin Awaluddin said Zeti’s presence reaffirms PNB’s commitment to Sime Darby Property and its transformation journey.
“We look forward to work under the chairmanship of Zeti in moving the company forward and to deliver value to our stakeholders,” he said in a statement.
Zeti was the seventh governor of Bank Negara Malaysia from year 2000 to 2016. She led the central bank in successfully implementing the selective exchange controls to restore stability and promote economic recovery in Malaysia.
Zeti graduated from the University of Malaya with a Bachelor of Science Degree in Economics. She then pursued her PhD from the University of Pennsylvania, specialising in Monetary and International Economics.
Sime Darby Property also appointed Datin Norazah Mohamed Razali, who is currently one of the company’s directors, as the new chairman of the nomination and remuneration committee. Norazah replaces Datuk Rohana Mahmood who resigned from the board on June 30.