Malaysia $311 Billion Pension Employees Provident Fund Declares 6.15% Dividend for Savings Accounts (Conventional & Syariah) for 2025, Declared 6.3% Dividend in 2024
2nd March 2026 | Hong Kong
Malaysia pension Employees Provident Fund (EPF) with $311 billion AUM has declared 6.15% dividend for savings accounts (Conventional & Syariah) for 2025. In 2024, Malaysia pension Employees Provident Fund (EPF) declared 6.3% dividend in 2024. Announcement (28/2/26): “The Employees Provident Fund (EPF) Board today announced a dividend rate of 6.15% for Simpanan Konvensional, with a total payout of RM67.1 billion, and 6.15% for Simpanan Shariah, with a payout of RM12.5 billion, bringing total distribution for 2025 to RM79.6 billion. For the year ended 31 December 2025, EPF recorded total distributable income of RM82.7 billion, up 9.5% from RM75.5 billion in 2024. Investment assets grew to RM1,409 billion, an increase of 12.8% from RM1,250 billion, driven by portfolio income and net contributions of RM66.5 billion.” More info below: In 2026 February, Malaysia pension Employees Provident Fund (EPF) with $311 billion AUM 56 subsidiaries reported $252 million (MYR 980 million) profit in 2024, with 35 subsidiaries reporting $619 million (MYR 2.41 billion) profit in 2024 & 21 subsidiaries reporting $368 million (MYR 1.43 billion) losses in 2024. In 2025 December, Employees Provident Fund (EPF) appointed Mohamad Hafiz Kassim as Chief Investment Officer (CIO) succeeding Rohaya Mohammad Yusof, and Ahmad Rizal Omar appointed as Chief Financial Officer (CFO) succeeding Mohamad Hafiz Kassim (Effective 1/12/25). EPF CEO is Ahmad Zulqarnain Onn. In 2025 August, Malaysia pension Employees Provident Fund (EPF) announced the appointment of Mohamad Hafiz Kassim as Chief Investment Officer to succeed Rohaya Mohammad Yusof who will be retiring in 2025 November. Mohamad Hafiz Kassim is currently the Chief Finance Officer. The Deputy Chief Investment Officer is Lim Tze Seong. In 2025 August, Malaysia pension Employees Provident Fund (EPF) reported $311 billion (MYR 1.3 trillion) AUM in 2025 June, and $9.2 billion (MYR 38.9 billion) investment income for 2025 1st half. Portfolio Allocation – Equities 45%, Fixed Income 46%, Real Estate & Infrastructure 7% & Money Market 2%. Employees Provident Fund (EPF) has total 16.4 million members with 8.9 million active members. In 2025 March, Malaysia Employees Provident Fund (EPF) declared 6.3% dividend for 2024 for both Conventional & Syariah Savings accounts. EPF Conventional Savings dividend payout ranges from 5.2% to 6.1% yearly in last 5 years. Syariah Savings dividend payout ranges from 4.75% to 5.65% yearly in last 5 years. Malaysia has 16 million EPF members with 8.8 million active members. In 2024 May, Malaysia Employees Provident Fund (EPF) allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
“ Malaysia $311 Billion Pension Employees Provident Fund Declares 6.15% Dividend for Savings Accounts (Conventional & Syariah) for 2025, Declared 6.3% Dividend in 2024 “
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EPF Chairman Tan Sri Mohd Zuki Ali: “We are pleased the EPF delivered a commendable performance in 2025 despite a volatile year marked by unpredictable trade policies. Resilient equity markets were the main driver of EPF’s income, supported by stable returns from fixed income and the well diversified nature of the portfolio. These results reflect our long-term approach to safeguarding members’ savings while delivering sustainable returns … …. Our diversified portfolio across asset classes and markets, guided by our Strategic Asset Allocation, has enabled us to navigate market volatility that peaked in second quarter after the announcement of reciprocal import tariffs by the United States. While market cycles may bring short-term volatility, disciplined risk management with a long-term investment strategy remains key to sustaining resilience and delivering consistent returns for members … … “EPF remains cautious in its outlook as global uncertainties persist. Our investment approach remains anchored on discipline, diversification, and strong governance. As a long-term retirement fund, EPF operates with a multi-year investment horizon, recognising that returns may vary from year to year while remaining focused on sustainable returns over time, enabling members to benefit from compounding to grow their savings.”
- Despite trade and geopolitical tensions, the global economy remained resilient in 2025. Moderating inflation allowed major central banks to begin easing policy, providing a more supportive environment for long-term investors.
- Malaysia’s economy expanded by 5.2% in 2025, underpinned by steady domestic demand and resilient exports. Fiscal reforms, structural reforms, and strategic national initiatives strengthened investment activity and business confidence, while Bank Negara Malaysia’s policy rate adjustment to 2.75% supported growth momentum.
Performance driven by equities, anchored by fixed income:
- Equities remained the primary contributor in 2025, generating RM50.7 billion, or 64% of total investment income. This surpassed RM49.9 billion in 2024, while ROI moderated to 7.9% amid global market volatility and softer domestic market conditions. Private Equity investments, which represent around 8% of the equity investments, recorded an ROI of 10.5%.
- Fixed Income instruments, predominantly Malaysian Government Securities, anchored EPF’s portfolio with a stable income stream, contributing RM26.3 billion or 33% of total investment income with an ROI of 4.3%. As yields trended lower during the year, fund managers were able to realise capital gains in a measured manner while taking deliberate steps to keep the portfolio yield well‑positioned for future returns.
- Real Estate and Infrastructure delivered RM1.6 billion in income with an ROI of 4.8% on a constant currency basis, while Money Market instruments contributed RM0.6 billion with an ROI of 1.6%. As most of these investments are denominated in non-Ringgit currencies, performance was affected by foreign exchange translation as the Ringgit strengthened against the US Dollar.
- Total investment income recorded was RM79.2 billion. Consistent with previous years, the figure includes unrealised mark-to-market gains and losses on securities, arising mainly from foreign exchange rate fluctuations. Investment income for Simpanan Konvensional and Simpanan Shariah were RM66.2 billion and RM13.0 billion, respectively.
- Equities made up 46.1% of total assets, while Fixed Income instruments comprised 44.7%. Real Estate and Infrastructure, and Money Market instruments accounted for 6.0% and 3.2%, respectively.
- Domestic investments continued to provide steady income. Of the RM1,409 billion in total assets as at December 2025, 61.7% was invested domestically, generating RM39.3 billion or 49.6% of total investment income. Global investments, representing 38.3% of the portfolio, generated RM39.9 billion, accounting for 50.4% of total investment income.
Policy on non-Malaysian employees widens coverage, strengthens social protection
- EPF membership grew to 18.1 million, supported by wider workforce participation, including non-Malaysian employees. Active members increased to 10.6 million, improving the active-to-inactive ratio to 59:41. New registrations remained robust, with 2.8 million new members and 89,649 new employers, bringing total active employers to 640,391.
- Voluntary contributions continued to gain momentum, rising to RM19.2 billion. The i-Saraan programme was a key driver, with incentive recipients increasing 35.9% to 720,056 and total contributions rising 50.8% to RM4.0 billion. The number of Malaysian formal sector members contributing above statutory rates through i-Topup increased 26.0% to 229,901. Overall contributions received grew 12.3% to RM121.5 billion, supported by higher membership, wage growth and sustained confidence in EPF.
Navigating 2026 with caution amid global shifts
- The global economy is expected to remain resilient as moderating inflation and a gradual monetary easing cycle support financial conditions for businesses and households. While growth across major economies may remain uneven, continued investment flows, particularly into technology are expected to provide underlying stability.
- Malaysia’s outlook remains supported by resilient domestic demand, a healthy labour market and accelerated private investment, alongside higher tourism activity and sustained technology-driven exports.
- The crediting of dividends for both Simpanan Konvensional and Simpanan Shariah will be completed on Sunday, 1 March 2026. Members may check their accounts via i-Akaun or obtain statements from EPF’s Self-Service Terminals (SST) nationwide.
Malaysia $311 Billion Pension Employees Provident Fund (EPF) 56 Subsidiaries Reported $252 Million (MYR 980 Million) Profit in 2024, 35 Subsidiaries Reported $619 Million (MYR 2.41 Billion) Profit in 2024 & 21 Subsidiaries Reported $368 Million (MYR 1.43 Billion) Losses in 2024
27th February 2026 – Malaysia pension Employees Provident Fund (EPF) with $311 billion AUM 56 subsidiaries had reported $252 million (MYR 980 million) profit in 2024, with 35 subsidiaries reporting $619 million (MYR 2.41 billion) profit in 2024 & 21 subsidiaries reporting $368 million (MYR 1.43 billion) losses in 2024. In 2025 December, Employees Provident Fund (EPF) appointed Mohamad Hafiz Kassim as Chief Investment Officer (CIO) succeeding Rohaya Mohammad Yusof, and Ahmad Rizal Omar appointed as Chief Financial Officer (CFO) succeeding Mohamad Hafiz Kassim (Effective 1/12/25). EPF CEO is Ahmad Zulqarnain Onn. In 2025 August, Malaysia pension Employees Provident Fund (EPF) announced the appointment of Mohamad Hafiz Kassim as Chief Investment Officer to succeed Rohaya Mohammad Yusof who will be retiring in 2025 November. Mohamad Hafiz Kassim is currently the Chief Finance Officer. The Deputy Chief Investment Officer is Lim Tze Seong. In 2025 August, Malaysia pension Employees Provident Fund (EPF) reported $311 billion (MYR 1.3 trillion) AUM in 2025 June, and $9.2 billion (MYR 38.9 billion) investment income for 2025 1st half. Portfolio Allocation – Equities 45%, Fixed Income 46%, Real Estate & Infrastructure 7% & Money Market 2%. Employees Provident Fund (EPF) has total 16.4 million members with 8.9 million active members. In 2025 March, Malaysia Employees Provident Fund (EPF) declared 6.3% dividend for 2024 for both Conventional & Syariah Savings accounts. EPF Conventional Savings dividend payout ranges from 5.2% to 6.1% yearly in last 5 years. Syariah Savings dividend payout ranges from 4.75% to 5.65% yearly in last 5 years. Malaysia has 16 million EPF members with 8.8 million active members. In 2024 May, Malaysia Employees Provident Fund (EPF) allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
Malaysia Pension $311 Billion Employees Provident Fund (EPF) Appoints Mohamad Hafiz Kassim as Chief Investment Officer (CIO) Succeeding Rohaya Mohammad Yusof & Ahmad Rizal Omar as Chief Financial Officer (CFO) Succeeding Mohamad Hafiz Kassim (Effective 1/12/25), EPF CEO is Ahmad Zulqarnain Onn
3rd December – Malaysia pension Employees Provident Fund (EPF) with $311 billion AUM has appointed Mohamad Hafiz Kassim as Chief Investment Officer (CIO) succeeding Rohaya Mohammad Yusof, and Ahmad Rizal Omar appointed as Chief Financial Officer (CFO) succeeding Mohamad Hafiz Kassim (Effective 1/12/25). EPF CEO is Ahmad Zulqarnain Onn. Announcement (1/12/25): “years of financial industry & private banking experienceThe Employees Provident Fund (EPF) today announces the appointment of Mohamad Hafiz Kassim as its new Chief Investment Officer (CIO) and Ahmad Rizal Omar as Chief Financial Officer (CFO). Both appointments are effective 1 December 2025. Mohamad Hafiz succeeds Rohaya Mohammad Yusof, who has led the Investment Division for the past five years. Mohamad Hafiz has served the EPF since 2008, holding senior leadership roles across Private Equity, Private Market, Capital Market, and Real Estate portfolios. He also served as Managing Director of Kwasa Land Sdn Bhd from 2020 until 2021. With over 25 years of experience in accounting, private markets and fixed income, Mohamad Hafiz holds a Bachelor’s Degree (Economics) in Accounting and Finance from the London School of Economics and Political Science; is a Fellow of the Association of Chartered Certified Accountants (ACCA); a Chartered Financial Analyst (CFA) charterholder; and has attended the Advanced Management Programme at Harvard Business School. His extensive experience across the Finance and Investment divisions, combined with deep institutional knowledge, positions him strongly to lead the EPF’s investment strategy forward. Ahmad Rizal, formerly the Head of Finance Department, succeeds Mohamad Hafiz as CFO. He is a chartered accountant with over two decades of experience. Ahmad Rizal holds a Master of Finance from the University of Cambridge and a Bachelor of Business (Accountancy) from the Royal Melbourne Institute of Technology. He brings deep expertise in investment evaluation, corporate finance, and financial management. Before joining the EPF, he served as CFO at PLUS Malaysia Bhd and held senior roles at Istanbul Sabiha Gökçen International Airport, Malaysia Airports Holdings Bhd, Khazanah Nasional Bhd, and Axiata Group Bhd … … The EPF records its sincere appreciation to Rohaya for her dedicated service and exceptional leadership.” In 2025 August, Malaysia pension Employees Provident Fund (EPF) announced the appointment of Mohamad Hafiz Kassim as Chief Investment Officer to succeed Rohaya Mohammad Yusof who will be retiring in 2025 November. Mohamad Hafiz Kassim is currently the Chief Finance Officer. The Deputy Chief Investment Officer is Lim Tze Seong. In 2025 August, Malaysia pension Employees Provident Fund (EPF) reported $311 billion (MYR 1.3 trillion) AUM in 2025 June, and $9.2 billion (MYR 38.9 billion) investment income for 2025 1st half. Portfolio Allocation – Equities 45%, Fixed Income 46%, Real Estate & Infrastructure 7% & Money Market 2%. Employees Provident Fund (EPF) has total 16.4 million members with 8.9 million active members. In 2025 March, Malaysia Employees Provident Fund (EPF) declared 6.3% dividend for 2024 for both Conventional & Syariah Savings accounts. EPF Conventional Savings dividend payout ranges from 5.2% to 6.1% yearly in last 5 years. Syariah Savings dividend payout ranges from 4.75% to 5.65% yearly in last 5 years. Malaysia has 16 million EPF members with 8.8 million active members. In 2024 May, Malaysia Employees Provident Fund (EPF) allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
EPF CEO Ahmad Zulqarnain Onn: “Mohamad Hafiz brings a wealth of experience, steady leadership, and a strong understanding of the EPF’s long-term investment philosophy. His background in both investment and finance makes him the ideal individual to lead this critical portfolio. We are confident that under his stewardship, the EPF will continue delivering resilient and sustainable returns for our members. We also congratulate Ahmad Rizal on his appointment as the new CFO. His proven leadership and financial acumen will continue to strengthen the EPF’s financial management and governance … … On behalf of the EPF, I extend our heartfelt gratitude to Rohaya for her contributions over the past 17 years. Her leadership and integrity have strengthened the EPF’s investment capabilities and helped safeguard members’ retirement savings through both challenging and transformative periods. We thank her sincerely and wish her every success in her next chapter.”
Malaysia Pension $311 Billion Employees Provident Fund (EPF) Appoints Mohamad Hafiz Kassim as Chief Investment Officer to Succeed Rohaya Mohammad Yusof Who Will Retire in 2025 November, Mohamad Hafiz Kassim is Currently Chief Finance Officer, Deputy Chief Investment Officer is Lim Tze Seong
25th August – Malaysia pension Employees Provident Fund (EPF) with $311 billion AUM has announced the appointment of Mohamad Hafiz Kassim as Chief Investment Officer to succeed Rohaya Mohammad Yusof who will be retiring in 2025 November. Mohamad Hafiz Kassim is currently the Chief Finance Officer. The Deputy Chief Investment Officer is Lim Tze Seong. In 2025 August, Malaysia pension Employees Provident Fund (EPF) reported $311 billion (MYR 1.3 trillion) AUM in 2025 June, and $9.2 billion (MYR 38.9 billion) investment income for 2025 1st half. Portfolio Allocation – Equities 45%, Fixed Income 46%, Real Estate & Infrastructure 7% & Money Market 2%. Employees Provident Fund (EPF) has total 16.4 million members with 8.9 million active members. In 2025 March, Malaysia Employees Provident Fund (EPF) declared 6.3% dividend for 2024 for both Conventional & Syariah Savings accounts. EPF Conventional Savings dividend payout ranges from 5.2% to 6.1% yearly in last 5 years. Syariah Savings dividend payout ranges from 4.75% to 5.65% yearly in last 5 years. Malaysia has 16 million EPF members with 8.8 million active members. In 2024 May, Malaysia Employees Provident Fund (EPF) allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
Malaysia Pension Employees Provident Fund (EPF) Reports $311 Billion (MYR 1.3 Trillion) AUM in 2025 June & $9.2 Billion (MYR 38.9 Billion) Investment Income for 2025 1H, Portfolio Allocation – Equities 45%, Fixed Income 46%, Real Estate & Infrastructure 7% & Money Market 2%, Total 16.4 Million Members with 8.9 Million Active Members
25th August – Malaysia pension Employees Provident Fund (EPF) has reported $311 billion (MYR 1.3 trillion) AUM in 2025 June, and $9.2 billion (MYR 38.9 billion) investment income for 2025 1st half. Portfolio Allocation – Equities 45%, Fixed Income 46%, Real Estate & Infrastructure 7% & Money Market 2%. Employees Provident Fund (EPF) has total 16.4 million members with 8.9 million active members. In 2025 March, Malaysia Employees Provident Fund (EPF) declared 6.3% dividend for 2024 for both Conventional & Syariah Savings accounts. EPF Conventional Savings dividend payout ranges from 5.2% to 6.1% yearly in last 5 years. Syariah Savings dividend payout ranges from 4.75% to 5.65% yearly in last 5 years. Malaysia has 16 million EPF members with 8.8 million active members. In 2024 May, Malaysia Employees Provident Fund (EPF) allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
Malaysia Pension $260 Billion (MYR 1.1 Trillion) Employees Provident Fund (EPF) Declares 6.3% Dividend for 2024 for Both Conventional & Syariah Savings Accounts, EPF Conventional Savings Dividend Payout Ranges from 5.2% to 6.1% Yearly in Last 5 Years, Syariah Savings Dividend Payout Ranges from 4.75% to 5.65% Yearly in Last 5 Years, 16 Million EPF Members with 8.8 Million Active Members
3rd March 2025 – Malaysia pension $260 billion (MYR 1.1 trillion) Employees Provident Fund (EPF) has declared 6.3% dividend for 2024 for both Conventional & Syariah Savings accounts. EPF Conventional Savings dividend payout ranges from 5.2% to 6.1% yearly in last 5 years. Syariah Savings dividend payout ranges from 4.75% to 5.65% yearly in last 5 years. Malaysia has 16 million EPF members with 8.8 million active members. In 2024 May, Malaysia Employees Provident Fund (EPF) with $242 billion AUM had allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
Employees Provident Fund (EPF) – The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991.
Malaysia $242 Billion Employees Provident Fund Allocated $40 Billion Assets Representing 17% of AUM to External Asset Managers in 2023, Recognized BNP Paribas Asset Management as Best Global Bond Manager in 2023, Amundi Asset Management as Best Global Equity Manager in 2023 & Malaysia AHAM Capital Asset Management as Best Domestic Equity Fund Manager in 2023
29th May 2024 – Malaysia Employees Provident Fund (EPF) with $242 billion AUM had allocated $40 billion assets representing 17% of AUM to external asset managers in 2023, and recognizing BNP Paribas Asset Management as best global bond manager in 2023, Amundi Asset Management as best global equity manager in 2023 & Malaysia AHAM Capital Asset Management as best domestic equity fund manager in 2023. In January 2024, Malaysia Employees Provident Fund (EPF) appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn was the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
Malaysia $230 Billion Employees Provident Fund EPF Appoints Ahmad Zulqarnain Onn as New CEO, Currently CEO of Malaysia Largest Asset Manager & State-Owned Permodalan Nasional Berhad PNB with $72 Billion AUM, Succeeds Datuk Seri Amir Hamzah Azizan Who was Appointed as Malaysia Finance Minister II in 2023 December
31st January 2024 – Malaysia Employees Provident Fund (EPF) with $230 billion AUM (Assets under Management) has appointed Ahmad Zulqarnain Onn as the new CEO of EPF (19/2/24). Ahmad Zulqarnain Onn is currently the CEO of Malaysia’s largest asset manager & state-owned Permodalan Nasional Berhad (PNB) with $72 billion AUM (MYR 343 billion), succeeding Datuk Seri Amir Hamzah Azizan who was appointed as Malaysia Finance Minister II in 2023 December. The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991. PNB: “The Board of Directors of Permodalan Nasional Berhad (PNB) wishes to announce the resignation of Ahmad Zulqarnain Onn from the position of President & Group Chief Executive (PGCE) effective 16th February 2024. After more than 3 years with PNB, Ahmad Zulqarnain Onn will assume the position of Chief Executive Officer at the Employees Provident Fund.”
Employees Provident Fund (EPF)
The Employees Provident Fund (EPF) is one of the world’s oldest provident funds, founded in 1951. EPF helps the Malaysian workforce to save for their retirement in accordance to the Employees Provident Fund Act 1991.
Permodalan Nasional Berhad (PNB)
Permodalan Nasional Berhad (PNB) is one of the largest fund management companies in Malaysia with assets under management (AUM) exceeding RM300 billion. PNB’s portfolio covers strategic investments in Malaysia’s leading corporates, global equities, private investments and real estate. For over four decades, we remain focused in contributing to the wealth of Bumiputeras and all Malaysians and are dedicated to fulfilling our purpose to uplift the financial lives of Malaysians across generations. We are committed to sustainability, responsible practices, and the creation of an inclusive future that benefits both our stakeholders and the communities we serve.
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