LABUAN: Labuan-born\u00a0Rithuan Ismail has\u00a0been appointed as Labuan Corporation chief executive officer effective\u00a0Oct 1 to Sept 30, 2024.
\nHe replaces\u00a0Dr Fary Akmal Osman whose contract expired on Oct 8, 2021.
\nRithuan, 54, the first local Labuan appointed to the highest executive post in the local authority, had\u00a0served with the\u00a0LC since 1994 when it was\u00a0known as Lembaga Pembangunan Labuan before being elevated to a corporation in\u00a02001.
\nHe graduated from Mara Institute of Technology (now known as UiTM) with a Bachelor in Business Administration, and a Master\u00a0in Business Administration (Economic and Accounting) from Universiti\u00a0Malaysia Sabah (UMS).
\nFederal Territories Minister Datuk Seri Shahidan Kassim presented the appointment letter in line with subsection 10 (1) of the Labuan Corporation Act 2001 (Act 609) at the Menara Perbadanan Labuan witnessed by LC chairman Senator Datuk Bashir Alias.
\n\u201cWith his capability and vast experience in the local authority, I\u2019m optimistic Rithuan should be able to lead LC to a greater height,\u201d he told a press conference after handing over the appointment letter.
\nShahidan said Rithuan, along with\u00a0Bashir, should now focus on attracting local and foreign investors to the island.
\n\u201cLabuan needs investment to boost its economy, LC must now focus on how it can woo investors and facilitate their investment in this island,\u201d he said.
\nShahidan also directed LC, as\u00a0the lead agency in this federal territory, to coordinate allocation for development and programmes from among the various government agencies in the interest of the people.
\n— BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
LABUAN: Labuan-born\u00a0Rithuan Ismail has\u00a0been appointed as Labuan Corporation chief executive officer effective\u00a0Oct 1 to Sept 30, 2024. He replaces\u00a0Dr Fary Akmal Osman whose contract expired on Oct 8, 2021. Rithuan, 54, the first local Labuan appointed to the highest executive post in the local authority, had\u00a0served with the\u00a0LC since 1994 when it was\u00a0known as Lembaga […]<\/p>\n","protected":false},"author":9,"featured_media":15397,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-15396","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/15396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/comments?post=15396"}],"version-history":[{"count":1,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/15396\/revisions"}],"predecessor-version":[{"id":15398,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/15396\/revisions\/15398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media\/15397"}],"wp:attachment":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media?parent=15396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/categories?post=15396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/tags?post=15396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}