KUALA LUMPUR- Human Resource Development Fund (HRDF) chief executive officer Datuk Vignaesvaran Jeyandran has tendered his resignation effective June 21.
HRDF said in a statement Friday (June 22) that deputy CEO Lim Kah Cheng would take over as the acting CEO immediately.
“The Human Resource Minister (M. Kulasegaran) has directed HRDF to establish a Governance Oversight Committee with a mandate to assist the HRDF board of directors to fulfill its oversight responsibilities.
“The committee shall review all aspects of the board’s governance framework to ensure the board functions in an effective and efficient manner, to support the operations of the HRDF,” it said in its statement.
The statement added that members of the committee would be announced following the HRDF annual general meeting next week.
Kulasegaran was reported recently as saying that the Human Resource Ministry would set up an independent board soon to investigate and address complaints against the HRDF.
He called on the HRDF to be more transparent with its funds as many allegations had surfaced on social and mainstream media over the misappropriation of funds.
HRDF had said previously that it took all allegations made against the fund seriously and pledged to extend full cooperation to the Human Resource Ministry and the relevant authorities.
Meanwhile, Lim holds a Bachelor’s Degree in Technology from the Universiti Sains Malaysia (USM) and a Master in Business Administration (MBA) from Universiti Putra Malaysia (UPM).
He is also a Chartered Fellow with the Chartered Institute of Personnel and Development as well as the First Fellow of the Australian Human Resources Institute. – Bernama