Tabung Haji Appoints New Group MD, CEO: Mustakim Mohamad Takes the Helm
KUALA LUMPUR: In a significant development, Lembaga Tabung Haji (TH) has announced the appointment of Mustakim Mohamad as its new group managing director and CEO. Mustakim, who previously served as the executive finance director, will succeed Syed Hamadah Syed Othman in this key role. As a leading Islamic financial institution, Tabung Haji plays a vital role in Malaysia's economy, providing Shariah-compliant investment opportunities and managing pilgrims' funds. With his extensive experience in finance, Mustakim is expected to drive growth and innovation in the organization, while upholding the principles of Islamic finance and ensuring the well-being of its depositors. This move is seen as a strategic step towards enhancing the institution's performance and reputation in the Islamic banking sector. Key areas of focus are expected to include digital transformation, risk management, and expansion of Islamic investment products.