Shahril, 39, will succeed Johari Muid, who is now in charge of the pension fund's strategic planning unit.
The outgoing chief of property group Malaysian Resources Corp Bhd has vast experience in corporate finance, restructuring, mergers and acquisitions, as well as property development, the EPF said in a statement.
Shahril also serves as a non-executive director on the boards of Media Prima Bhd, The New Straits Times Press (Malaysia) Bhd and Pengurusan Danaharta Nasional Bhd.