KUALA LUMPUR (July 2): Kenanga Investment Bank Berhad (Kenanga IB) has appointed Tan Sri Syed Zainol Anwar Ibni Syed Putra Jamalullail as its chairman effective July 1.

Syed Anwar succeeds Izlan Izhab.

In a statement, Kenanga IB managing director Datuk Chay Wai Leong said Syed Anwar’s extensive experience, knowledge and proven leadership will provide the bank the continued momentum to chart innovations, pursue future growth, and further strengthen its position as the largest independent investment bank in the country.

Syed Anwar is also currently the Chairman of Nestle (Malaysia) Bhd and the Chairman of its Nomination and Compensation Committee and a member of its Audit Committee.

He is also the Chairman of S P Setia Bhd and Chairman of its Nomination and Remuneration Committee, as well as the Chairman of Lembaga Zakat Selangor and the Chancellor of SEGi University.

He was formerly the Chairman of Cahya Mata Sarawak Bhd, EON Bank Bhd, Uni Asia Life Assurance Berhad, Uni Asia General Insurance Berhad, DRB-Hicom Bhd, Malaysia Airports Holdings Bhd, Malakoff Corporation Bhd, Media Prima Bhd, Malaysian Resources Corporation Bhd, Lembaga Tabung Haji’s Investment Panel, Pulau Indah Ventures Sdn Bhd.

He was also the former Executive Chairman of Realmild (M) Sdn Bhd and Radicare (M) Sdn Bhd.

Syed Anwar also served as an Independent Director of Maxis Communications Berhad and Bangkok Bank Berhad.