FGV says Abu Huraira Abu Yazid appointed as new chairman
TL;DR
PIDM appoints Datuk Abu Huraira Abu Yazid as Chairman effective November 15, 2025, succeeding Dato Sri Zukri Samat. His extensive experience in public and private sectors is expected to strengthen financial governance and stability.
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FGV says Abu Huraira Abu Yazid appointed as new chairman
PIDM Appoints Datuk Abu Huraira Abu Yazid as Chairman of Board of Directors
Kuala Lumpur, March 1, 2026 — Perbadanan Insurans Deposit Malaysia (PIDM) has confirmed the appointment of Datuk Abu Huraira Abu Yazid as Chairman of its Board of Directors, effective November 15, 2025. This follows the retirement of Dato Sri (Dr) Zukri Samat, who served as Chairman prior to this transition.
Datuk Abu Huraira brings extensive experience in public sector leadership and financial industry governance. His career includes roles such as Chairman of the Social Security Organisation (SOCSO), Executive Director of Pos Malaysia Berhad, and CEO of Bank Simpanan Nasional. He also holds board positions at MISC Berhad, Human Resource Development Corporation, and Malaysian Maritime Academy Sdn. Bhd. According to the announcement.
PIDM's Chief Executive Officer, Rafiz Azuan Abdullah, emphasized that Datuk Abu Huraira's expertise in banking operations, risk management, and financial governance will strengthen the organization's mandate to promote financial system stability. Rafiz stated: "His leadership in both public and private sectors positions him well to provide strategic direction and governance oversight."
The PIDM Board of Directors now comprises ten members, including Datuk Abu Huraira as Chairman, alongside ex officio members such as Dato' Sri Abdul Rasheed Ghaffour (Governor of Bank Negara Malaysia) and Datuk Johan Mahmood Merican (Secretary General of the Treasury). Other board members include industry professionals and academics.
Dato Sri (Dr) Zukri Samat's contributions during his tenure were acknowledged, with Rafiz expressing gratitude for his "wisdom and insights" in advancing PIDM's objectives. Rafiz expressed gratitude for his "wisdom and insights" in advancing PIDM's objectives.
This appointment reflects PIDM's commitment to maintaining robust governance frameworks amid evolving financial sector challenges. No further details about potential leadership changes at FGV (as referenced in unrelated reports) were disclosed in PIDM's official statement.
Issued by: Corporate Communication Department, Perbadanan Insurans Deposit MalaysiaAccording to the official statement.
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