Dr. Khalid bin Abdul Hamid

Non- Independent Non-Executive Director

Dr. Khalid Abdul Hamid was appointed to the Board of Directors of Amanah Raya Berhad on 15 July 2019. He holds a PhD in Economics from University Putra Malaysia in 2011. Currently, he holds the post of Director of Services Industry Division of the Ministry of Economic Affairs (MEA) formulating policies, strategies and development programs for the services sector. Previously, he held several senior posts in the Government and served on several Board of Directors. He was the Under-secretary of the Development Division in the Ministry of Home Affairs, Head of Cluster of Research and Policy Development in INTAN and as the Deputy Under-secretary of the Fiscal & Economic Division with Ministry of Finance and led a team to prepare the operating expenditure of Budget 2016.

Dr Khalid has both applied and research experience in development economic in the areas of supply and demand side as well as fiscal management. During his recent secondment with the Malaysian Institute of Economic Research (MIER), he had authored and co-authored many international journals and articles particularly on the scope of energy economics. One of his most influential study was published by the

Economic Research Institute of Asian and East Asia (ERIA) in 2011 and covered the study on Energy Market Integration (EMI) in East Asia. Other studies covered crude oil price increase, oil subsidy rationalisation, economic linkages as well as leakages.

He also had imparted his expertise in macro and microeconomics courses to senior officials of ministries, agencies and local universities. For this purpose, he uses various research methodologies including system Dynamic, CGE, and input-output model to construct the Comprehensive National Development Policy under the Economic Planning Unit, Recursive CGE Model for MIER and Green Jobs initiatives in Malaysia for the International Labour Organization (ILO). In addition, in 2012 he was involved in the technical team on Minimum Wage Policy at the Ministry of Human Resources to introduce the first ever Minimum Wage Act that took effect in January 2013.