KUALA LUMPUR, Dec 4 (Bernama) — Following the announcement by the Prime Minister YAB Dato’ Seri Anwar Ibrahim today, the Malaysian Investment Development Authority (MIDA) welcomes the appointment of Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz as its new Chairman, effective 3 December 2025. The appointment represents a strategic move to strengthen Malaysia’s investment promotion and development capabilities during a period of heightened global economic competition.
Tengku Zafrul brings exceptional credentials to MIDA, combining deep expertise and experiences in both financial services and government policy. Most recently, he served as the Minister of Investment, Trade and Industry for three years (from 3 December 2022 to 2 December 2025), where he successfully navigated Malaysia through complex trade negotiations, geopolitical tensions and positioned the nation as a preferred investment destination amidst global economic uncertainties and supply chain realignment.