Wednesday, June 12

Tenaga Nasional Bhd Appoints Megat Jalaluddin Megat Hassan as Next President and CEO

Tenaga Nasional Bhd has announced the appointment of Datuk Megat Jalaluddin Megat Hassan as its new President and Chief Executive Officer. He will succeed Datuk Seri Baharin Din, whose tenure is concluding on February 29, 2024.

According to the company’s filing on Thursday, Megat Jalaluddin will assume office on March 1, 2024, after being appointed by TNB’s special shareholder Minister of Finance (Inc). His tenure will extend for a period of two years until February 29, 2026.

Megat Jalaluddin, aged 58, has a longstanding history with TNB, having initially joined the company in 2006. He briefly transitioned to Celcom in 2008 before returning to TNB in 2009. His extensive career within TNB encompasses roles in engineering, business and strategic planning, development, project management, process improvement, metering services, and engineering.

TNB expressed gratitude to Baharin for his valuable contributions to the company during his tenure.

Shares of TNB closed higher at RM9.97 on Thursday, reflecting a 0.9% increase and leading to a market capitalization of RM57.7 billion.

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