Tengku Zafrul’s appointment as Finance Minister breaks norm | Malay Mail

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Tengku Zafrul’s appointment as Finance Minister breaks norm

Tengku Datuk Seri Zafrul Tengku Aziz has been appointed as the Finance Minister. — Bernama pic

His appointment as the Finance Minister in the newly-set up cabinet was considered historic as the powerful and influential cabinet post was normally reserved for a senior figure within the ruling political party.A known technocrat, the youthful-looking, 46-year-old Tengku Zafrul was born in Kuala Lumpur on June 25, 1973, where he kick-started his career in the banking/finance sector as a corporate finance executive with AmInvestment Bank in 1996.

Tengku Zafrul then joined Avenue Capital Resources , a listed company specialising in financial services such as investment banking and fund management, which he was appointed as group managing director of Avenue Capital Resources . The newly minted Finance Minister is also a member of the APEC Business Advisory Council, representing Malaysia in promoting intra-trade and collaboration within the Asia Pacific.

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