Permodalan Nasional Berhad

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Permodalan Nasional Berhad (PNB)
Company typeGovernment-owned investment company
IndustryInvestment
Founded17 March 1978; 48 years ago (1978-03-17)
HeadquartersLevel 91, Menara Merdeka 118, Presint Merdeka 118, 50118 Kuala Lumpur, Malaysia
Key people
  • YM Raja Arshad Raja Uda (Chairman)
  • Ahmad Zulqarnain Onn (President & Group Chief Executive (PGCE))
Revenue
  • Increase RM 16.42 billion (2023)
  • RM 14.53 billion (2022)
  • Increase RM 13.04 billion (2023)
  • RM 10.38 billion (2022)
Total assets
  • Decrease RM 337 billion (2023)
  • RM 341.61 billion (2022)
Number of employees
1,500
Subsidiaries
Websitepnb.com.my

Permodalan Nasional Berhad (PNB) is a state-owned Malaysian investment management company.[1] One of the largest fund management companies in Malaysia, it was established on 17 March 1978 as one of the instruments of the government's New Economic Policy.[2][3]

PNB's two notable projects are located in Kuala Lumpur. They are the megatall skyscraper Merdeka 118 on Jalan Hang Jebat, and the PNB 1194 Hotel (formerly MAS Building) on Jalan Sultan Ismail.

In June 2023, PNB announced that it planned to move its corporate headquarters from PNB Tower, Jalan Tun Razak, where it had operated since 1985, to Merdeka 118 by the year-end.[4][5][6]

Leadership

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Chairpersons

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Chief Executive Officers (CEOs)

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  • Desa Pachi (1978–1979)
  • Khalid Ibrahim (1979–1994)
  • Hilmey Taib (1995–1997)
  • Hamad Kama Piah Che Othman (1998–2016)
  • Abdul Rahman Ahmad (2016–2019)
  • Abdul Jalil Abdul Rasheed (2019–2020)
  • Ahmad Zulqarnain Onn (2020–present)

Subsidiaries

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  • Amanah Saham Nasional Berhad (ASNB)[8]
  • Pelaburan Hartanah Nasional Berhad (PHNB)[9]
  • Property Management Services Sdn Bhd (PMSSB)[9]
  • PNB Commercial Sdn Berhad (PNBC)[10]
  • PNB Development Sdn Bhd (PNBD)[11]
  • PNB Merdeka Ventures Sdn Bhd (PNBMV)[12]
  • PNB Research Institute Sdn Bhd (PNBRi)

References

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  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Four decades on, PNB now Malaysia's biggest fund manager. Retrieved 22 March 2021.
  3. ^ Malaysia's biggest fund manager changes CEO in latest reshuffle at a state-linked firm. Retrieved 22 March 2021.
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