Permodalan Negeri Selangor Berhad, or as it is more widely known, PNSB is a Selangor State Government subsidiary, under the supervision of Menteri Besar Selangor (Incorporated) or MBI.
Through its subsidiary, PNSB offer insurance service through PNSB Insurance Brokers Sdn. Bhd. (PIBSB), project management consultant service via PNSB Management Consultancy Sdn. Bhd. (PMCsb), mining through PNSB Trading Sdn. Bhd. (PTSB) and aeronautical exploration services via PNSB Aero Frontier Sdn. Bhd. (PAFSB). Meanwhile, in the property sector, it leads property development efforts for affordable housing under the ‘Project Rumah Idaman MBI’ scheme via its subsidiary PNSB Construction Sdn. Bhd. (PCSB).
With its mission to diversify its business, PNSB intends to seek opportunities to work with investors through its subsidiary, PNSB Innovation Ventures Sdn. Bhd. (PIV).
PNSB also does not shy away from taking a leading role in executing its corporate social responsibilities as it is a government agency with conscience taking an active role in corporate social responsibility (CSR) on behalf of the Selangor state government and PNSB itself.
Our Mission
Accelerate and steer Selangor’s economic transformation journey by 2026 towards shared prosperity.
Our Vision
To elevate the level of investment in Selangor while simultaneously empowering the state’s socioeconomic conditions. To achieve this goal PNSB has vowed to be a dynamic, competent and a high achieving conglomerate.
Our motto
Shaping the Selangor of tomorrow.
Board of Directors
Chairman
Dato' Menteri Besar Selangor
YAB Dato’ Seri Amirudin Shari
Selangor State Executive Councillor
YB Datuk Borhan Bin Aman Shah
Chief Executive Officer, PNSB
YM Raja Ahmad Shahrir Iskandar Bin Raja Salim
Chief Executive Officer, MBI Group
YBrs. Ts. Saipolyazan Bin M Yusop
Independent Director
YBhg. Dato’ Mohd Azizi Bin Mohd Zain
Independent Director
YBhg. Dato’ Mohamad Lotfy Bin Mohamad Noh
Management Team
In the quest for excellence, PNSB relies on the expertise and experience of its senior management team. The senior management officers of the conglomerate are entrusted with the layout and implementation of strategies to achieve PNSB’s objectives.
Chief Executive Officer
YM Raja Ahmad Shahrir Iskandar Bin Raja Salim
Senior Advisor
New Business, Strategic Investments & Projects
YBhg. Dato’ Wan Hashimi AlBakri Bin Wan Ahmad Amin Jaffri
Head
Planning and Operations
YBhg. Dato’ Haji Zamri Bin Haji Ahmad
Senior General Manager
Project Planning & Management
En. Md Yunus @ Iskandar Bin Md Noor
Senior General Manager
Finance
Tn. Haji Ahmad Zamwawi Bin Ahmad Nazari
General Manager
Project Management and Development
YBhg. Dato’ Mohd Azlan Bin Kachong
General Manager
Human Resources & Administration
En. Khalid Bin Abdullah
General Manager
Corporate / Company Secretary
En. Mohamad Nizam Bin Hj. Yaacob
General Manager
Finance
En. Beh Boon Guan
General Manager
Legal
Pn. Nor Juanna Hilda Binti Dato’ Julaini
General Manager
Strategic Planning & New Business
Tn. Haji Hairolnisam Bin Isnin
Head of Department
Public Relations
Pn. Alina Binti Dato’ Idris
Integrity, Audit & Governance
En. Mohammed Hanafi Bin Muhi
Investment
En. Asyrul Ridzwan Bin Ramali
Head of Subsidiary
PNSB Management Consultancy Sdn. Bhd.
En. Hasmadi bin Paiman
PNSB Construction Sdn. Bhd.
En. Wan Afnizam bin Wan Moran
Corporate Governance
Cognisant of its corporate responsibility, PNSB is committed to executing its business with integrity and transparency. Towards this ideal, it has adopted a zero-tolerance approach towards bribery and corruption, culminating in an anti-bribery and corruption policy.
Anti-Bribery & Corruption Policy
The formulation of PNSB’s anti-bribery and corruption policy is aligned with all the relevant laws and regulations according to the standards prescribed by the relevant government agencies.
This reflects PNSB commitment in prioritising integrity in all of its business deals and transactions. The policy is aimed at ensuring the group’s day-to-day operations is free from all forms of bribery and corruption.
Code of Ethics and Business Conduct Policy
With the aim of setting the highest standards of integrity and governance, PNSB has set up a Code of Ethics and Business Conduct Policy. This policy sets out the core values and principles for the group’s employees in the course of their duties.
Conflict of Interest Policy
Aiming to eliminate bias and nurture a professional workforce, PNSB has formulated a Conflict of Interest Policy to ensure that the interests of the company are given priority by its employees while performing their duties. This policy provides guidance and examples on various forms of conflicts of interest as well as procedures and solutions to address such issues.
Whistleblower Policy
Given that integrity is one of the core principles of PNSB and its subsidiaries, the policy is formulated to establish proper procedures and for whistleblowers to disclose any suspected inappropriate, unethical or unlawful behaviour and practises by the management or employees.
In addition, this policy also outlines the protection of whistleblowers from any punishment or unfair action, if the disclosure is made in good faith.
For whistleblowing, please email to:
whistleblowing@pnsb.com.my / anuwar@mbiselangor.com.my
Gift Policy
As the culture of giving and receiving gifts is the norm cultural practice, especially during the festive season, PNSB has formulated a Gift Policy as a guideline for giving and receiving gifts among PNSB staff and its subsidiaries. Because company staff members deal with outside parties in the course of their work, this policy ensures that their work is carried out with integrity.