KUALA LUMPUR, April 20 – The Malaysian Investment Development Authority (MIDA) proudly announces the appointment of Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid as its new Chief Executive Officer, effective April 18, 2024. Mr. Shamsul succeeds YBhg. Datuk Wira Arham Abdul Rahman, who retires from public service on April 17, 2024. This strategic transition underscores MIDA’s steadfast commitment to fostering economic growth and diversification, aligning with its mission of building dynamic and sustainable investment ecosystems to attract quality investments.
With nearly 28 years of dedicated service to MIDA, Mr. Shamsul brings a wealth of experience and expertise to his new role. A graduate of the University of Malaya, he holds a Bachelor’s Degree in Economics, majoring in Analytical Economics, earned in 1995. Throughout his tenure, Mr. Shamsul has held various pivotal leadership positions within MIDA, including Executive Director for Manufacturing Development and Investment Promotion, and most recently, Senior Executive Director of Investment Policy Advocacy. His leadership has been instrumental in advancing initiatives that significantly enhance both domestic and foreign investments, underscoring his profound understanding of economic trends and policy advocacy.
As Mr. Shamsul assumes his new responsibilities, MIDA acknowledges the exceptional contributions of YBhg. Datuk Wira Arham Abdul Rahman during his tenure from April 1, 2021, to April 17, 2024. Under his visionary leadership, MIDA achieved historic milestones in approved investments and witnessed unprecedented growth in high-tech investments and digital transformation, bolstering Malaysia’s economic resilience and global competitiveness. With a steadfast focus on attracting investments in key sectors such as manufacturing, ICT, and green technologies, MIDA remains committed to enhancing Malaysia’s position as the preferred investment destination on the world stage.
