KOTA KINABALU: Invest Sabah Berhad welcomes the appointment of Tan Sri Andrew Sheng as Special Adviser to YAB Chief Minister. This appointment matters.
Tan Sri Andrew brings decades of experience at the highest levels of global finance — from Bank Negara Malaysia and the Hong Kong Monetary Authority to the World Bank — and subsequently as Chairman of the Hong Kong Securities and Futures Commission and Chief Adviser to the China Banking and Insurance Regulatory Commission.
He has also served on the board of Khazanah Nasional Berhad, placing him at the intersection of policy, markets, and institutional reform. His appointment comes at a critical point for Sabah.
Following the State’s recent governance review, Invest Sabah Berhad is undergoing a necessary reset — strengthening internal processes, reinforcing accountability, and returning focus to its core mandate as the State’s investment promotion agency.
Sabah’s challenge has never been a lack of opportunity. It has been the consistency and credibility needed to convert that opportunity into sustained investment. That is the gap that must now be closed.
Tan Sri Andrew’s experience in financial systems, regulatory discipline, and global capital flows — together with his standing in international policy circles — brings the perspective required to guide that transition.
In his advisory role, including on matters relating to Invest Sabah Berhad, we look forward to working with him to strengthen institutional confidence, improve policy clarity, and ensure that Sabah presents itself as a serious, disciplined, and competitive investment destination. This is ultimately about restoring trust — and sustaining it.
Invest Sabah Berhad is committed to that standard.-pr/BNN
