Tuesday, September 25, 2007

Prudential Fund appoints new syariah investments director

TheEdge

KUALA LUMPUR: Prudential Fund Management Bhd (PFMB) has appointed Zulkifli Ishak as its new drector of syariah investments, with effect from Aug 10, 2007.

PFMB’s chief executive officer Mark Toh said that Zulkifli would be responsible for building its syariah investment business and driving its vision to be the regional hub of Islamic fund management for the Prudential group.

“His 16 years of investment experience, strong fund management expertise and excellent understanding of Islamic unit trusts will be a great asset to PFMB,” he said in a statement.
Zulkifli joins Prudential from Amanah Raya-JMF Asset Management where he managed RM5 billion of portfolios mainly in fixed income and structured product investments.

Prior to that, he was a fund manager at Amanah Saham Mara, managing equity and fixed income investments. He was also head of treasury in Danamodal Nasional Bhd, a special-purpose vehicle set up by Bank Negara Malaysia from 2000 to 2002, where he was responsible for establishing strategic investments in conjunction with the recapitalisation exercise of banking Institutions.

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