Inter-Pacific Asset Management Sdn Bhd (IPAM), a subsidiary of Berjaya Corp Bhd, has announced the appointment of economist Datuk Nazri Khan as its new head.
“Nazri is a prominent figure and a notable economist among investors. I am impressed with his success in managing a sizeable fund which has achieved an impressive return on investment of 17% within five short months, ” said Berjaya Corp executive chairman Tan Sri Vincent Tan during the launch event.
“I am confident that as the new head of IPAM, Dato’ Dr Nazri Khan will be able to substantially increase the number of investors, particularly from the Muslim community, to IPAM and diversify our current investor base, as well as introduce new fund products to the market, ” said Tan.
An economics graduate from Manchester University, United Kingdom and a PhD holder from Multimedia University, Nazri is the former senior vice-president (investment) of fund management company, Phillip Capital Management and former chief investment officer of private equity specialist, Widuri Capital Sdn Bhd. Prior to that, he was the Head of Retail Research in Affin Hwang Investment Bank.