Amrin bin Awaluddin was named chief executive of Malaysia's Armed Forces Fund Board, or Lembaga Tabung Angkatan Tentera, effective Jan. 4, a Kuala Lumpur-based spokesman confirmed Thursday.
Mr. Amrin replaces Nik Amlizan Mohamed. Effective Nov. 2, Ms. Nik Amlizan was named CEO of Kumpulan Wang Persaraan, or KWAP, the 140 billion ringgit ($34.5 billion), Kuala Lumpur-based pension fund for employees of the country's federal government and agencies.
LTAT's assets could not immediately be learned.
Mr. Amrin joined LTAT from Kuala Lumpur-based conglomerate Boustead Holdings Bhd, where he was managing director through mid-November.
LTAT is Boustead's biggest shareholder with a roughly 60% stake in the firm.