KUALA LUMPUR: Tenaga Nasional Bhd's (TNB) chief financial officer (CFO) Nazmi Othman will be replaced by MMC Corporation Bhd's current group CFO Badrulhisyam Fauzi following the expiry of the former's employment contract on Dec 31, 2024.
According to a filing with Bursa Malaysia Securities, TNB said Badrulhisyam's appointment will come into effect on Jan 1, 2025.
He is also a covering chief executive officer of Alam Flora Sdn Bhd since July this year.
The filing stated that Badrulhisyam's positions at MMC and Alam Flora will end in December 2024 before he takes on the role at TNB.
He joined MMC in 2011 as the assistant general manager at the group managing director's (MD) office from 2011 until 2013.
He then became the general manager at the MD office for a year until 2014.
He became MMC's group strategy head from 2014 to 2020.
Prior to joining MMC, Badrulhisyam served as an analyst at Permodalan Nasional Bhd from 2004 until 2011, with his last position as head of analyst at PNB's international fund management department.
Badrulhisyam graduated with a bachelor of engineering in computing from Imperial College London. He is also a Chartered Financial Analyst (CFA) charter holder of the CFA Institute, and a Chartered Management Accountant holder of the Chartered Institute of Management Accountant.