Report: Wahid Omar to be Bursa chairperson

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Former Permodalan Nasional Bhd chairperson Abdul Wahid Omar is set to be Bursa Malaysia Bhd’s new chairperson, according to The Edge. The business daily quoted sources in its report today that he is tipped to chair Bursa Malaysia. When the daily reached out to him, the Bursa Malaysia chief executive officer declined to comment over the matter. A veteran in the country’s corporate community, Wahid has held multiple positions in the government and government-linked corporations (GLCs), which are commercial bank Malayan Banking Bhd and national telco Telekom Malaysia Bhd. For three years from June 2013, Wahid was a minister in the Prime Minister’s Department in charge of economic planning, before being appointed as Permodalan Nasional Bhd (PNB) chairperson in August 2016. Following the historic general election in May 2018, he stepped down from the board of PNB a month later, with for…