LTAT Promotes Mohammad Ashraf To Chief Executive Officer

Lembaga Tabung Angkatan Tentera (LTAT) has announced the appointment of General Tan Sri Azizan Ariffin (pic) as Chairman and Mohammad Ashraf Md Radzi as the new Chief Executive Officer, effective this Monday.

In a statement, LTAT highlighted Azizan’s extensive leadership and experience, having served with distinction in the Malaysian Armed Forces (ATM) for 40 years. Throughout his career, Azizan held various crucial positions, including Air Operations Commander, Deputy Air Force Commander, and the 15th Air Force Commander.

He made history by becoming the first Air Force Commander from the Royal Malaysian Air Force (RMAF). LTAT expressed confidence in Azizan’s vast experience in military affairs, diplomacy, and leadership development to drive LTAT towards achieving its strategic objectives and enhancing its role in safeguarding the welfare of ATM members and their families.

Azizan completed the Basic Flight Course in Australia and qualified as a Royal Malaysian Air Force (RMAF) pilot on July 7, 1977. He is a graduate of the Air Command and Staff College (USA) and the National Defence College (India).

Meanwhile, Mohammad Ashraf assumed the role of CEO after serving as Chief Financial Officer since March 2020. LTAT commended Mohammad Ashraf for his efficiency in managing financial affairs, leading financial strategy formulation, and ensuring compliance with financial accountability principles within LTAT.

His leadership significantly contributed to the successful organizational transformation agenda, restoring dividends to sustainable levels, and improving overall financial positioning.

Mohammad Ashraf began his career in Europe, undergoing training as an accountant with Ernst & Young before serving at UBS Investment Bank. Upon returning to Malaysia, he further developed his expertise in corporate finance at Prokhas Sdn Bhd, a wholly-owned advisory firm of the Ministry of Finance (MOF).

Subsequently, he served at Ahmad Zaki Resources Bhd (AZRB) as Chief Corporate Finance Officer before assuming the position of Chief Financial Officer at AZRB.

Mohammad Ashraf holds a Bachelor’s Degree in Accounting from Universiti Tenaga Nasional (UNITEN) and is a member of the Association of Chartered Certified Accountants (ACCA) and a Chartered Accountant of the Malaysian Institute of Accountants.

The appointments of Azizan and Mohammad Ashraf signify LTAT’s commitment to effective leadership and strategic management as it continues to fulfill its mission in supporting the welfare and well-being of Malaysian Armed Forces personnel and their families.

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