LTAT chairman Raja Mohamed Affandi retires

PETALING JAYA: Lembaga Tabung Angkatan Tentera (LTAT) chairman Jen (R) Tan Sri Raja Mohamed Affandi Raja Mohamed Noor has retired effective yesterday.

He assumed the role in 2021 and was instrumental in achieving significant milestones, notably securing approval for the amendment to the Tabung Angkatan Tentera Act 1973 (Act 101), aimed at fortifying LTAT’s corporate governance framework, the fund stated in a statement yesterday.

His stewardship saw LTAT inaugurate the investment risk policy and guidelines, a pivotal measure ensuring the safeguarding of LTAT’s investments while optimising its risk-return profile.