Key Takeaways
- • Malaysia's state pension fund Kumpulan Wang Persaraan Diperbadankan (KWAP) appointed Dato' Jay Khairil Jeremy Abdullah as its new chief executive officer, effective May 20, 2026, according to a KWAP statement issued Monday.
- • Jay Khairil previously served as CEO of state-owned Bank Simpanan Nasional (BSN) and brings three decades of experience in banking and financial services, per KWAP.
- • He succeeds Nik Amlizan Mohamed, who has served as CEO since 2020, according to FMT reporting on the announcement.
- • KWAP said the role will involve leading the fund's strategic direction, operations and institutional priorities.
Summary
Kumpulan Wang Persaraan Diperbadankan, Malaysia's state pension fund, has appointed former banker Jay Khairil Jeremy Abdullah as its new chief executive officer, effective May 20, the fund said in a statement on Monday, as reported by Bloomberg.
Jay Khairil most recently served as chief executive of state-owned Bank Simpanan Nasional, where he joined KWAP from. KWAP said he has three decades of experience in the banking and financial services sector and has also held senior roles at several other institutions. Publisher coverage notes that he will lead the organisation's strategic direction, operations and institutional priorities.
FMT reported that Jay Khairil will succeed Nik Amlizan Mohamed, who has led the fund since 2020. The announcement positions KWAP's leadership transition ahead of the May 20 start date. No financial performance, assets under management or fund-level figures were included in the statement.
Jay Khairil most recently served as chief executive of state-owned Bank Simpanan Nasional, where he joined KWAP from. KWAP said he has three decades of experience in the banking and financial services sector and has also held senior roles at several other institutions. Publisher coverage notes that he will lead the organisation's strategic direction, operations and institutional priorities.
FMT reported that Jay Khairil will succeed Nik Amlizan Mohamed, who has led the fund since 2020. The announcement positions KWAP's leadership transition ahead of the May 20 start date. No financial performance, assets under management or fund-level figures were included in the statement.
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