Finding value in a disruptive age
Emmanuel Samarathisa | 31 May 2019 00:30
For most people, managing a giant fund that will soon reach RM1 tril will probably give them sleepless nights. But not Employees Provident Fund (EPF) CEO Tunku Alizakri Alias. A “perpetual optimist”, he takes the challenge in his stride.
“People ask me how do I sleep at night? And I tell them, I have no problems sleeping soundly,” he tells FocusM, alluding to EPF’s integrity, governance and teamwork which have placed the fund on a firm foundation.
Nevertheless, meeting the expectations of EPF’s 7.4 million active members is still a tall order for Alizakri, 49, who took office in August last year. After all, this is Malaysia’s largest government-linked investment company (GLIC) with assets of RM833.8 bil as of Dec 31, 2018.
To put that in perspective, its assets are equivalent to 65% of the country’s RM1.3 tril economy, leaving its other GLIC peers far behind.
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