Lembaga Tabung Haji (TH) has appointed its executive finance director Mustakim Mohamad as the new group managing director and CEO, succeeding Syed Hamadah Syed Othman.
Religious affairs minister Na’im Mokhtar announced the appointment, effective May 6, in a statement.
“Deepest appreciation is also extended to Syed Hamadah, whose contract will end on May 5, 2025, after serving as TH’s group managing director and chief executive officer for two years,” according to the statement.
The statement said Mustakim’s appointment was in line with TH’s philosophy of driving excellence in all aspects for the benefit of its depositors, including navigating the challenges of operating amid global market uncertainties and rising third-party service costs such as airfare, accommodation, and medical expenses.
It said appointing credible leaders is crucial because TH is an agency entrusted with a huge responsibility.
“Mustakim’s appointment is based on his experience and capability to realise TH’s vision at the next level,” the statement added.
Mustakim, who holds a master’s degree in finance from RMIT University in Australia, is a fellow of the Association of Chartered Certified Accountants. He has spent nearly 20 years at TH in various key roles across finance, investment, deposits, operations, IT, and security.
The statement said TH’s new leadership would prioritise a proactive and innovative approach to ensure TH remains a sustainable Islamic institution in the long-term, adding that the leadership transition reflects the institution’s strength in nurturing internal talent.
“Mustakim has served nearly two decades at TH and is trusted to shoulder this responsibility in line with TH’s continued efforts to drive excellence in all aspects for the benefit of its depositors.”
