KUALA LUMPUR — Kumpulan Wang Persaraan (KWAP) today announced the appointment of Datuk Jay Khairil Jeremy Abdullah as its new Chief Executive Officer, effective May 20, 2026.
Jay Khairil brings nearly 30 years of experience in the banking and financial services sector, with extensive expertise spanning financial management, governance, internal audit, risk management, and institutional transformation.
Prior to his appointment at KWAP, Jay Khairil served as the Chief Executive of Bank Simpanan Nasional (BSN). During his tenure, he led the bank’s transformation in financial performance, digital banking, operational resilience, and financial inclusion, while fulfilling the institution’s mandate to serve communities across Malaysia.
His previous leadership roles include serving as the Chief Financial Officer and Chief Internal Auditor of BSN. He also held senior positions at CIMB Group, Bank of Tokyo-Mitsubishi UFJ (Malaysia) and Bank Negara Malaysia. He began his career at Hong Leong Bank and AmMerchant Bank.
Jay Khairil holds a Degree in Business and Finance from Heriot-Watt University, Edinburgh, Scotland, and an Advanced Diploma in Management Accounting. His professional certifications include Chartered Banker, Chartered Global Management Accountant and Certified Financial Services Auditor.
He is a member of the Malaysian Institute of Accountants (MIA), the Chartered Institute of Management Accountants (CIMA), and a Chartered Member of the Institute of Internal Auditors Malaysia.
As the CEO of KWAP, Jay Khairil will spearhead the institution’s strategic direction, operations, and priorities. He will be responsible for executing KWAP’s mandate as Malaysia’s public sector pension fund through disciplined investment, robust governance, and long-term institutional leadership.
KWAP also expressed its appreciation to Datuk Nik Amlizan Mohamed, who has served as CEO since 2020, for her dedicated service and contributions to the organization’s continued success throughout her tenure. —KWAP
