MIDA’s New CEO: Steering Malaysia’s Economic Future

The Malaysian Investment Development Authority (MIDA), recognised as the nation’s principal investment promotion agency, recently welcomed the appointment of Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid as its new Chief Executive Officer. This leadership change heralds a notable epoch in the history of MIDA, with Mr. Sikh Shamsul taking over the reins from Datuk Wira Arham Abdul Rahman, who capably led the organisation for three insightful years.

Mr. Sikh Shamsul is no stranger to MIDA’s corridors of power, having dedicated over a quarter-century to shaping the agency’s policies and enhancing Malaysia’s appeal as an investment hub. His career began in 1996, and he has since ascended through many critical roles, from Executive Director for Manufacturing Development and Investment Promotion to Senior Executive Director of Investment Policy Advocacy. His latest role involved spearheading initiatives that significantly amplified both domestic and international investments, demonstrating a keen acumen for economic trends and strategic policy-making.

As MIDA undergoes a strategic overhaul, Mr. Sikh Shamsul’s leadership arrives at a crucial juncture. The restructuring emphasises MIDA’s role as the Central Investment Promotion Agency and reaffirms its dedication to transforming Malaysia’s investment landscape. This initiative is designed to boost MIDA’s capability to attract high-quality investments that align with the nation’s developmental goals. By focusing on key sectors and streamlining the investment process, MIDA aims to cultivate a business environment that not only fosters economic growth but also provides a rewarding experience for investors.

Mr. Sikh Shamsul is ideally suited to help deliver MIDA’s strategy of building a dynamic, stronger organisation for the future and growing with discipline. Under his leadership, MIDA is positioned as a strong contender in the global arena, poised to attract quality and sustainable investments and innovation.