The Malaysian Investment Development Authority announced the appointment of Sikh Shamsul Ibrahim Sikh Abdul Majid as its new Chief Executive Officer effective 18 April 2024 who will succeed Datuk Wira Arham Abdul Rahman, who is set to retire from public service tomorrow, 17 April 2024.
Shamsul brings approximately 28 years of dedicated service to MIDA, during which he has been pivotal in defining the strategic direction of the agency and elevating Malaysia’s investment environment. A graduate from the University of Malaya, he earned a Bachelor’s Degree in Economics, with a major in Analytical Economics, in 1995. His academic achievements have enriched his extensive professional experience.
Since joining MIDA in 1996, he has occupied various significant leadership roles, including Executive Director for Manufacturing Development and Investment Promotion, and most recently, Senior Executive Director of Investment Policy Advocacy. In his latest role, he has led initiatives that significantly bolstered both domestic and foreign investments, showcasing his profound grasp of economic trends and policy advocacy.
Datuk Wira Arham Abdul Rahman has been instrumental from 1 April 2021 to 17 April 2024 in steering MIDA towards groundbreaking achievements. Under his leadership, MIDA has seen historical achievement in approved investments and unprecedented growth in areas such as high-tech investments and digital transformation, which have significantly enhanced Malaysia’s economic resilience and competitiveness on the global stage.
