Pembangunan Sumber Manusia Berhad Act 2001 · Updated to 1 Nov 2017 · Part IV · Human Resources Development Fund
26. Investment Panel
Feedback & supportIn addition to the provisions contained in the Memorandum and Articles of Association of the Corporation, there shall be established an Investment Panel which shall, subject to such directions as may be issued by the Corporation, be responsible for matters pertaining to the investments of the Fund.
Corporation
“Corporation” means the Pembangunan Sumber Manusia Berhad referred to in section 3;
The Investment Panel shall consist of—
the Chairman of the Board or the person for the time being performing the functions of the Chairman of the
Board, as chairman;
two members appointed by the Board from amongst its members;
the Chief Executive;
a representative of the Ministry of Finance;
a representative of the Central Bank of Malaysia; and
two other persons with business and financial experience to be appointed by the Minister.
Pembangunan Sumber Manusia Berhad 23
A person appointed in accordance with paragraph (2)(f) shall serve for a period of two years from the date of his appointment.
The provisions of the Third Schedule shall apply to the members of the Investment Panel.