CEO Morning Brief

Appointment of New EPF CEO Soon, Says PM

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Publish date: Fri, 19 Jan 2024, 03:01 PM
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TheEdge CEO Morning Brief
 

CYBERJAYA (Jan 18): The appointment of the new Employees Provident Fund (EPF) chief executive officer will be decided soon, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.

Speaking to newsmen at a resort here where the unity government ministers have gone on a retreat, Anwar, who is also finance minister, said the names of several candidates have been submitted, but the appointment needs to go through several processes.

“As usual, all our appointments go through the screening of the MACC (Malaysian Anti-Corruption Commission), IRB (Inland Revenue Board), Royal Malaysia Police and Bank Negara. Sometimes, it takes a few weeks,” he said.

The position is currently vacant following the appointment of its previous CEO, Datuk Seri Amir Hamzah Azizan, as finance minister II after a Cabinet reshuffle on Dec 12.

On the water tariff adjustments for domestic users in Peninsular Malaysia and Labuan, which takes effect on Feb 1, Anwar said the federal government agreed to the increase after requests from all states.

“It has been explained that all states have asked us to increase it (tariff) in meetings with the menteris besar and chief ministers.

“... and there are states that have not increased it for over 40 years... they proposed it, and the federal government agreed,” Anwar said.

The National Water Services Commission (SPAN) announced the adjustment on Wednesday, which sees an average increase of 22 cents per cubic metre.

It said the tariff adjustment could no longer be postponed to avoid jeopardising the sustainability of the water services industry in the long term, thereby boosting the quality of water supply services enjoyed by the people.

Source: TheEdge - 19 Jan 2024

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