KUALA LUMPUR: Datuk Megat Jalaluddin Megat Hassan today began his duty as Tenaga Nasional Bhd's (TNB) new president and chief executive officer (CEO) for the next two years.

In a statement, the utility firm said Megat Jalaluddin, who previously held the position of chief operating officer, replaced Datuk Seri Baharin Din, who completed his term of service yesterday.

He received his appointment letter from TNB chairman Datuk Abdul Razak Abdul Majid at a brief ceremony at TNB headquarters in Bangsar this morning.

According to the statement, Megat Jalaluddin has extensive experience in the energy industry, and he has led various key roles in TNB since 1989, including chief strategic officer, chief retail officer, and chief strategy and business officer.

He is considered a leader with the calibre to lead the company towards more sustainable growth and provide added value to all stakeholders, it said.

"As the new CEO of TNB, he will be entrusted to continue steering the company to drive TNB's business growth and energy transition agenda towards net zero emissions.

"This is in line with goal of a carbon-neutral Malaysia by 2050 - to build a more sustainable future for the coming generations," TNB said.

Megat Jalaluddin's appointment by the special shareholder, the Minister of Finance (Inc), for a period of two years with effect from today until Feb 29, 2026, was announced by TNB in a filing with Bursa Malaysia on Dec 14, 2023. -- Bernama