Shahril Ridza Ridzuan, CEO Employees Provident Fund
The Employees Provident Fund (EPF) matters.
It is not just that, with RM768.51 billion ($196.6 billion) under management as at December 31, 2017, it is one of the biggest pension funds in the region.
Nor that, with assets equivalent to more than half of the Malaysia Stock Exchange’s market capitalization, it is uncommonly powerful in its own country. Nor even that it is a vital sign of well-run institutional stability in a country where the political environment seems more of a circus by the day.
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