Khalid Ibrahim

Abdul Khalid bin Ibrahim (Jawi: عبدالخالد بن إبراهيم; 14 December 1946 – 31 July 2022) was a Malaysian politician who served as the 14th Menteri Besar of Selangor from 2008 to 2014.

In 1979, he joined the United Malays National Organisation (UMNO), the leading party in Malaysia's ruling Barisan Nasional (BN) coalition.

[3] In the same year, he became the chief executive of the government-controlled fund management firm Permodalan Nasional Berhad (PNB), a position he held until 1994.

[2] In 1981, he became famous for leading the "dawn raid" on the London Stock Exchange, which resulted in PNB gaining a 51% share in British plantation concern Guthrie in less than two hours.

He won both seats, while the opposition Pakatan Rakyat coalition made unprecedented gains and took a majority in the Selangor State Assembly.

[5] In his first term, Khalid's government implemented a policy of delivering to each Selangor household an initial 20 cubic metres of water each year free of charge.

But I will continue to assist Pas," On matters that would benefit the populace, he declared that he was prepared to work with Barisan Nasional and other groups on both sides of the divide: "Any issues that would bring good to the people of Selangor, such as the much talked about the water industry takeover to be sped up and I am supportive of that.

In early 2014, PKR's national leader, Anwar Ibrahim, then a federal parliamentarian, sought to contest the Selangor State Assembly seat of Kajang in a by-election.

[14] Khalid sacked the PKR and DAP members of Selangor's Cabinet-like Executive Council,[15] and continued to administer the state as an independent assemblyman with the remaining four councillors from PAS.

[17] He remained in office while Sultan Sharafuddin deliberated on whom to appoint his replacement, before settling on PKR's deputy president Azmin Ali, who was sworn in on 23 September 2014.

Due to his austere economic policies, Selangor recorded its strongest savings reserves up to that point, amounting to RM3.3 billion by the time he left office in 2014.

The political machinations that engineered his downfall were not well-received by Selangorians and the Sultan himself, and PKR was criticised for its removal of a highly-regarded Menteri Besar at the height of his popularity.

Nevertheless, upon his enforced dismissal, Khalid sat out the rest of his terms as an MP and Member of the Legislative Assembly, whereupon he retired quietly from politics, serving as a consultant to several corporations and state governments.