Saturna Sdn Bhd, a wholly-owned subsidiary of US-based Saturna Capital Corporation, has appointed Shahariah Shaharudin as its new president, succeeding Monem Salam, who has returned to Saturna’s US office.

Possessing over 30 years of experience in commercial banking, fund management and stockbroking, Shaharudin previously served as the CEO and executive director of Kenanga Islamic Investors Berhad. She holds a master of arts in economics from the University of Illinois in the US and a bachelor of business administration and economics degree from Knox College, which is also located in Illinois.

The Kuala Lumpur-based Saturna specializes in Islamic-compliant investment advisory services for individuals and institutions. It is a licensed Islamic fund manager under the Securities Commission of Malaysia and is an adviser to the Asean Equity Fund and the ICD Global Sustainable Fund.

Saturna Capital Corporation, established in 1989 in Bellingham, Washington, is a private, employee-owned investment adviser with US$3.6 billion in assets under management.