Brunei Investment Agency Chairman Replaced

Bandar Seri Begawan - His Majesty Sultan Hj Hassanal Bolkiah of Brunei has appointed a new man to head Brunei Investment Agency (BIA), which controls the sultanate's vast investments abroad.

He is Pehin Dato Awang Haji Yahya a key man in the Brunei administration and a Permanent Secretary at the Prime Minister's Office.

He will also now relinquish the Chairmanship of Royal Brunei Airlines Board of Directors and its subsidiaries.

As the new acting BIA head he replaces Dato Haji Yakub bin Abu Bakar. Dato Haji Yakub, the deputy Finance Minister was BIA Chairman up to Saturday.

The Prime Minister's Office press release said yesterday:

"By command of His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar Ali Safuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam, the Prime Minister's Office hereby announces that His Majesty has consented to the appointment of Yang Dimuliakan Pehin Orang Kaya Seri Utama Dato Seri Paduka Awang Haji Yahya bin Begawan Mudim Dato Paduka Haji Bakar as the Acting Chairman of the Brunei Investment Agency in addition to his appointment as the Permanent Secretary at the Prime Minister's Office to replace Yang Mulia Dato Paduka Haji Yakub bin Abu Bakar from Saturday 6th Zulhijah 1423 corresponding to 8th February 2003.

With the appointment, of Yang Dimuliakan Pehin Orang Kaya Seri Utama Dato Seri Paduka Awang Haji Yahya will no longer hold any position or duties as Chairman of the Royal Brunei Airlines Pte Ltd and its subsidiary companies such as the Royal Brunei Catering Pte Ltd; Mulaut Abattoir Pte Ltd; RBA Golf Club Pte Ltd and other with from the above date."

Click Here To Have Your Say On This Story

Budirect.com