MEET THE BOARD

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TAN SRI DATO’ DR MOHD MUNIR BIN ABDUL MAJID (Chairman, FSPB)


Tan Sri Dr. Munir returned from his studies and work experience in the UK as a university tutor and research analyst in the City of London at the end of 1978, and started work in Malaysia as leader writer for the New Straits Times. He progressed to the position of Group Editor before leaving in 1986 to become Chief Executive Officer of a small merchant bank Pertanian Baring Sanwa, whose name he changed to Commerce International Merchant Bankers (CIMB), which was then transformed into one of Malaysia’s leading merchant banks. In 1993, he was invited by the Government of Malaysia to establish the Securities Commission, where he served as founding Executive Chairman for two terms until 1999. He was instrumental in shaping the legal and regulatory framework of the capital markets in Malaysia, particularly in establishing disclosure-based regulation. He was also responsible for drafting the country’s first code of corporate governance in the aftermath of the Asian Financial Crisis of 1997-98. He was the Chairman of the Emerging Markets Committee of the International Organisation of Securities Commissions during his term at Malaysia’s Securities Commission. After leaving the Securities Commission, he became Independent Non-Executive Director of Telekom Malaysia Berhad, Chairman of Celcom (Malaysia) Berhad and Non-Executive Chairman of Malaysian Airline System Berhad. He was Founder President of the Kuala Lumpur Business Club, established in 2003 and is a member of the Court of Fellows of the Malaysian Institute of Management. He is currently Chairman respectively of Bank Muamalat Malaysia Berhad, of CIMB Asean Research Institute and of the Asean Business Advisory Council, Malaysia, as well as President of the Asean Business Club. He also sits on the board of the Institute of Strategic and International Studies (ISIS) Malaysia and on the Financial Services Talent Council of Bank Negara Malaysia. He writes a fortnightly column, in the Saturday BizStar section of The Star newspaper.

Tan Sri Dr. Munir obtained a B.Sc (Econ) and Ph.D in international relations from the London School of Economic and Political Science (LSE) in 1971 and 1978. He is an Honorary Fellow of LSE and continues the long association with his alma mater as Visiting Senior Fellow at the Centre of International affairs, Diplomacy and Strategy.

 

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Mr Abdul Kadir Md Kassim

Managing Partner
Kadir, Andri & Partners

Abdul Kadir Kasim served in the Ministry of Foreign Affairs and the Judicial and Legal Service between 1966 and 1973 and has been in private practice since then. Currently, he is a Senior Partner practising at Messrs Kadir, Andri & Partners.

Kadir was a member of the Malaysian Securities Commission from its inception in February 1993 to February 1998. He was a committee member of Kuala Lumpur Stock Exchange from March 1998 to April 2004 and remained as a member of the Listing Committee of Bursa Malaysia until April 2008. He was also a director of Danamodal Nasional Berhad, a special purpose company established by Bank Negara Malaysia to facilitate the recapitalisation of financial institutions following the Asian financial crisis.

Kadir previously chaired the Islamic Capital Market Working Group of the Securities Commission. Kadir now serves on the Corporate Debt Restructuring Committee and is a member of the Tabung Haji Investment Panel.

Kadir is currently Chairman of TimedotCom, a company listed on Bursa Malaysia and sits on the Boards of non-listed UEM Group of Companies. He serves as Chairman and public interest director of Federation of Investment Managers Malaysia, a mutual organisation which is recognised as a self-regulatory organisation under the CMSA. He also sits on the Board of Danajamin Nasional Berhad, the financial guarantee insurer jointly owned by Minister of Finance Incorporated and Credit Guarantee Corporation Malaysia Berhad, a financial institution majority owned by Bank Negara Malaysia.

Kadir has a Bachelor of Laws (Honours) from the University of Singapore.

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Dato’ Seri Johan Raslan

Johan is a Former Executive Chairman of PricewaterhouseCoopers (PwC) Malaysia. He worked in auditing and corporate advisory for 10 years in London and for 20 years in Kuala Lumpur. He retired from PwC in 2012.

A Chartered Accountant, Johan is a member of the Malaysian Association of Certified Public Accountants (MICPA) and the Malaysian Institute of Accountants (MIA). He is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW) and is also an Eisenhower Fellow.

Amongst other positions he has held in the past, Johan has been: board member of Putrajaya Corporation (Putrajaya is the new city which houses most of the Government of Malaysia); board member of Kumpulan Wang Persaraan (KWAP is the pension fund for Malaysian civil servants); trustee of the Sultan Azlan Shah Foundation; member of Bank Negara Malaysia’s Financial Stability Executive Committee; Chairman of the Financial Reporting Foundation (which oversees the accounting standard-setting in Malaysia); member of the Securities Commission Malaysia’s Corporate Governance Consultative Committee; President of the MICPA; Adjunct Professor of University Malaya; and President of the Kuala Lumpur Business Club.

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Mr Bill Howarth

President and Chairman
International Compliance Association (ICA, Group Managing Director (Risk and Compliance Division) of Wilmington plc

Bill is the President and Chairman of the International Compliance Association (ICA) and Group Managing Director (Risk and Compliance Division) of Wilmington plc, a UK listed public company.

Originally from a legal and academic background Bill spent more than 30 years lecturing at universities across the world. Bill was the founder of the ICA and it Chief Executive for 15 years up to 2015. During that period he championed the professionalism and status of compliance as a discipline and sought to bring training, knowledge, ethics and standards to those working in the financial services sector.


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Mr Ng Keng Hooi

Group Chief Executive and President Designate
AIA Group
Hong Kong 

Ng Keng Hooi is the Group Chief Executive and President Designate of AIA Group. Prior to this, he was the Regional Chief Executive responsible for the Group’s businesses operating in Thailand, Singapore, Brunei, Malaysia, China, Jakarta and Taiwan as well as Group Agency and Group Product Strategy.

Ng is a director of various companies within the Group including AIA Co. and AIA International. He joined the Group in October 2010. Prior to joining the Group, Ng was Group Chief Executive Officer and Director of Great Eastern Holdings Limited from December 2008. Ng worked for Prudential plc from 1989 to 2008, serving as a Managing Director of Insurance of Prudential Corporation Asia Limited from 2005 to 2008 responsible for its operations in Malaysia, Singapore, Indonesia and the Philippines. He has been a Fellow of the Society of Actuaries (U.S.) since 1985.

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Mr Richard Thomas, OBE

Institutional, Governmental and Multilateral Relationships
Gatehouse Bank, United Kingdom

Richard is currently Institutional, Governmental and Multilateral Relationships of Gatehouse Bank and Senior Advisor to the Board, Gatehouse Bank plc. Richard relinquished his role as Chief Executive Officer of Gatehouse Bank to focus on expanding Gatehouse Bank business model in SE Asia and linking the third Islamic financial hub to the UK.

Gatehouse Bank received its authorisation to operate as a Shariah-compliant investment bank based in the City of London from the Financial Services Authority in April 2008. The Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

In a career spanning almost 35 years in Merchant and Investment Banking in the City of London, the last 30 years have been entirely in "Islamic Financial Services” and dedicated to establishing the Islamic economic model as viable in the heart of the City of London and in an international context. Richard has held senior management and Board executive and non-executive positions in regulated financial services firms in the City of London since the 1980’s and authorised under successive regulatory regimes in various capacities.
Richard is a Fellow of the Chartered Institute for Securities & Investment (CISI), a member of INCIEF Governing Council and also a British Expertise Advisory Council Member.

In 2010, Richard received his Order of the British Empire, an honour bestowed by Her Majesty Queen Elizabeth II, in recognition for civic excellence and his contribution to the UK Islamic Financial Services industry.

Awards

2013
Outstanding Contribution to Islamic Finance
2012
Best Islamic Bank

Gatehouse Bank plc (CEO)
2011
Islamic Finance Leadership Award

Outstanding Contribution to Islamic Finance 13
2010 OBE
2008 Outstanding Contribution to Islamic Finance in UK

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Sir David Tweedie

Chairman
Board of Trustees, International Valuation Standards Council
United Kingdom

Sir David was educated at Edinburgh University (BCom 1966, PhD 1969) and qualified as a Scottish Chartered Accountant in 1972.

After teaching at Edinburgh University he became Technical Director of the Institute of Chartered Accountants of Scotland (ICAS) in 1978. In 1982, he was appointed national technical partner of Thomson McLintock & Co and later of KPMG.

In 1990, he became the Chairman of the UK Accounting Standards Board (ASB) and in January 2001 was appointed the first Chairman of the International accounting Standards Board (IASB). He then led the Board for ten years, retiring in June 2011.

He is a Fellow of the Judge Business School at Cambridge University and a visiting Professor of Accounting in the Management School at Edinburgh University. He has received honorary degrees from nine British Universities.

He was knighted in 1994 and has been presented with a number of awards from the Accounting Profession. He was inducted into the Accounting Hall of Fame in 2013.

Sir David became President of the Institute of Chartered Accountants of Scotland in April 2012 (until April 2013) and Chairman of the International Valuation Standards Council (IVSC) in October 2012.

He chairs the Royal Household Audit Committee for the Sovereign Grant and is also Chairman of the Board of Trustees of the Scottish Charities, Leuchie House and the ICAS Foundation.
 

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Mr Chandrashekhar Bhaskar Bhave

Board Member
Public Interest Oversight Board (PIOB)
Madrid, Spain

Mr. C. B. Bhave is a former Chairman of the Securities and Exchange Board of India (SEBI), the Indian securities and market regulator, between February 2008 and February 2011. During this time, he was also the Chairman of the Asia-Pacific Regional Committee and a member of the Technical and the Executive Committees of the International Organization of Securities Commissions (IOSCO).

Mr. Bhave started his career in the Indian Administrative Service in 1975. He worked in the districts of Maharashtra, the State Government and the central Government between 1975 and 1992. During this time, he won an award from the Government of Maharashtra for outstanding work in the area of family welfare, and an award for excellence in administration. He then joined the SEBI as a Senior Executive Director from 1992-1996. These were the formative years for SEBI and the work of creating the regulatory infrastructure for the capital market was undertaken during this period.
 
Mr. Bhave then left the Indian administrative service to set up the National Securities Depository Ltd. (NSDL), the first depository in India. He was the Chairman and Managing Director of the NSDL from July 1996 to Feb 2008. NSDL also set up the Tax Information System during this time for the Income Tax Department, Government of India.
 
Mr Bhave is currently a member of the board of the Public Interest Oversight Board (PIOB), a not-for-profit foundation registered in Madrid, Spain, that supervises the work of the standard-setting bodies of the International Federation of Accountants from the perspective of public interest. Mr. Bhave is also a trustee of the London-based International Financial Reporting Standards (IFRS) foundation. He is the non-Executive Chairman of the Indian Institute for Human Settlements (IIHS) and Vistaar Finance Private Limited. He is also a member of the Board of Directors of Avenue Supermarts Limited. He is a member of the regulatory committee set up by the Abu Dhabi Global Markets.
 
Mr. Bhave holds a Bachelor’s Degree in electrical engineering from Jabalpur University, and a Master's Degree in Public Administration from Harvard University.

 

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Dato' Dr. Nik Ramlah Mahmood

Former Deputy Chief Executive and Commission member
Securities Commission Malaysia

Dato’ Dr. Nik Ramlah Mahmood retired as Deputy Chief Executive and Commission member of Securities Commission Malaysia (SC) in March 2016, having served the SC in various capacities since joining the institution in 1993, the year it was established.

Currently she is a member of the board of the Malaysia Deposit Insurance Corporation which is better known as Perbadanan Insurans Deposit Malaysia (PIDM). She also sits on the boards of United Malacca Berhad, Amanah Saham Nasional Berhad and the Securities Industry Development Corporation. She is also a member of the Professional Development Panel (Senate) of International Centre for Education in Islamic Finance (INCEIF) and an Adjunct Professor at the Faculty of Law, Universiti Teknologi MARA.
 
Dato’ Dr. Nik Ramlah Mahmood graduated with a First Class Honours in Law in 1979 from the University of Malaya and obtained her LLM and PhD from the University of London, U.K.