Malaysia’s Khazanah hires new chief from Maybank

Malaysia’s $31 billion sovereign wealth fund Khazanah Nasional has appointed Amirul Feisal Wan Zahir as its new managing director, effective July 16. Feisal will replace Shahril Ridza Ridzuan, who will be departing after his three-year term ends in August "to pursue his personal interests,” the fund said in a statement on Tuesday (June 29). Amirul Feisal Wan Zahir There had been speculation that Ridza was set to leave after the fund posted a 61% drop in profi…