Tengku Zafrul Aziz operates at the highest echelons of national economic strategy, currently serving as the Chairman of the Malaysian Investment Development Authority (MIDA) and the Senior Political Advisor to the Prime Minister of Malaysia. Bridging the gap between high-level political advisory and targeted industrial growth, his leadership is instrumental in steering the nation’s investment landscape and competitive positioning on the global stage.
His current strategic mandates are built upon a formidable foundation in public administration and corporate finance. Drawing from over 22 years of extensive experience in the banking and finance sector, he brought profound macroeconomic acumen to the national cabinet, notably serving as the Minister of Finance from March 2020 to October 2022. Most recently, during his transformative tenure as the Minister of Investment, Trade & Industry (MITI) from December 2022 to December 2025, he vigorously drove manufacturing growth, expansive trade relations, and robust investment attraction.
At MITI, Tengku Zafrul spearheaded a suite of landmark policies designed to future-proof the Malaysian economy, including the New Industrial Master Plan 2030 (NIMP2030), the National Semiconductor Strategy, the Chemical Industry Roadmap, and comprehensive frameworks surrounding ESG, Green Investment, and the Circular Economy. His decisive leadership yielded record-breaking national milestones, culminating in Malaysia's highest-ever approved investments of RM378.5 billion and trade figures reaching RM2.879 trillion in 2024. Under his stewardship, the nation's economic vitality was further affirmed globally, marked by an impressive 11-notch leap to secure the 23rd spot in the World Competitiveness Ranking 2025.