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FINANCIAL
REPORTING
FOUNDATION
The Financial Reporting Foundation (FRF) was established as an independent body under the Financial Reporting Act 1997 (Act). The FRF and the Malaysian Accounting Standards Board (MASB) are part of the financial reporting framework in Malaysia. The framework comprises representation from all relevant parties in the standard setting process, including preparers, users, regulators and the accountancy profession.
The FRF is largely responsible for the establishment of a sound and effective infrastructure for the financial reporting framework and acts as a sounding board for the adoption of the MASB's accounting standards, technical pronouncements and its annual work programme. The FRF, as a trustee body, has responsibility for the oversight of the MASB's performance, financial and funding arrangements, and as an initial source of views for the MASB on proposed standards and pronouncements. It has no direct responsibility with regard to standard setting. This responsibility rests solely with the MASB.
The functions of the FRF as provided under section 4 (1) of the Act:
(a) to oversee the carrying out of the functions of the MASB; and
(b) to perform any other function as the Minister may prescribe by order published in the Gazette.
Without limiting the generality of functions of the FRF in subsection (1), the FRF shall be responsible:
(a) to provide its views to the MASB on any matter which the MASB seeks to undertake or implement in relation to the MASB’s functions under section 7 of the Act;
(b) to review the performance of the MASB; and
(c) for all financing arrangements for the operations of the MASB, including approving the budget of the MASB.
MEMBERS OF THE FINANCIAL REPORTING FOUNDATION
The Financial Reporting Foundation (FRF) comprises twelve (12) members who are appointed by the Minister of Finance. Eight (8) of the members are ex-officio representing the Minister of Finance, the Central Bank of Malaysia, the Securities Commission Malaysia, the Audit Oversight Board, the Registrar of Companies, Bursa Malaysia Berhad, the Malaysian Institute of Accountants and the Malaysian Accounting Standards Board. The four (4) other members who possess knowledge and experience in matters of financial accounting and in one or more of the following fields of accountancy, law, business, or finance.
The members are:
DATO' ZAINAL ABIDIN PUTIH
Vacant
ENCIK AZNAN ABDUL AZIZ
DATO’ MOHAMMAD FAIZ AZMI
TAN SRI ABU SAMAH NORDIN
DATO' ZAINAL ABIDIN PUTIH
Chairman
Financial Reporting Foundation
Dato’ Zainal Abidin Putih is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), a Member of The Malaysian Institute of Certified Public Accountants (MICPA) and a Member of the Malaysian Institute of Accountants (MIA).
Upon qualifying from the ICAEW, Dato’ Zainal joined the firm of Messrs Hanafiah, Raslan & Mohamad, which merged with Ernst & Young in July 2002. He has extensive experience in audit, having worked as a practicing accountant throughout his career covering many principal industries including banks, insurance, energy, transport, manufacturing, government agencies, plantations, properties, hotels, investment companies and unit trusts. He also has good working knowledge of taxation matters and management consultancy, especially in the areas of acquisitions, takeovers, amalgamations, restructuring and public listing of companies.
Dato’ Zainal plays an active role in the community and the corporate world, being a Past President of MICPA, former Chairman of the Malaysian Accounting Standards Board (MASB) and Pengurusan Danaharta Nasional Berhad. He was a member of the Malaysian Communication and Multimedia Commission (a body set up by the Malaysian Government to oversee the orderly development of the multimedia and telecommunication industry in Malaysia) and also a member of the Investment Panel of Employees Provident Fund (EPF).
Dato’ Zainal has more than 45 years of experience in various capacities in the corporate sector and was the Chairman of CIMB Bank Berhad until his retirement in June 2020. He is currently the Chairman of Telekom Malaysia Berhad, Land and General Berhad and Tokio Marine Insurans (Malaysia) Berhad. He also sits on the boards of several private limited companies. He is an Advisor to the Board of Petron Malaysia Refining and Marketing Berhad.
Dato’ Zainal is a Trustee of IJN Foundation, MICPA Educational Trust Fund and Chairman of the Board of Trustees of Yayasan Telekom Malaysia.
Vacant
ENCIK AZNAN ABDUL AZIZ
Assistant Governor
Bank Negara Malaysia
Encik Aznan Abdul Aziz is the Assistant Governor of Bank Negara Malaysia who is responsible for the Payments Services Oversight, Financial Conglomerates Supervision, Banking Supervision, Insurance and Takaful Supervision as well as Risk Specialist and Technology Supervision Departments.
Prior to his appointment as the Assistant Governor, he served in several departments including Financial Conglomerates Supervision, Governor’s Office, Islamic Banking and Takaful, Financial Sector Development, Financial Intelligence Unit, Financial Surveillance and Bank Regulation Departments.
He was previously the Chairman of the Financial Technology Enabler Group (FTEG) that was responsible for developing strategies and regulatory policies to facilitate the use of technology in financial services and the Assistant General Manager of Danamodal Nasional Berhad, the special purpose vehicle established to recapitalise distressed financial institutions during the 1997 Asian Financial Crisis.
Aznan holds a Degree in Economics and Accounting from the University of Bristol, England.
DATO’ MOHAMMAD FAIZ AZMI
Executive Chairman
Securities Commission Malaysia
Dato’ Mohammad Faiz Azmi has been appointed as a member of Yayasan Laporan Kewangan (FRF) on 1 November 2024. He is currently the Executive Chairman of the Securities Commission (SC), the capital markets regulator of Malaysia. He was a Board member of the SC since August 2023.
Dato’ Faiz was the Chairman of PwC Malaysia for 11 out of his 30 years with the firm. He has over 38 years of experience in the audit and business advisory services in Malaysia and the UK. He was the leader of PwC's Global Islamic Finance Team practice, PwC's Malaysia's Financial Services Leader and joint Head of Audit and lead the ESG and Shariah Investing part of PwC's Sustainability and Climate Change practice in Malaysia. He retired as a partner and the Executive Chairman of PwC Malaysia in June 2023.
Dato’ Faiz is a member of the Malaysian Institute of Accountants (MIA) and a Fellow of ICAEW. He has held the post of President of the Malaysian Institute of Accountants, Chairman of the Malaysia Accounting Standards Board, President of the Kuala Lumpur Business Club and ICAEW City Group Chairman.
He was educated in Malaysia and UK and read law at the University of Durham before being called to the English Bar. He is an alumnus of Lincoln’s Inn and a member of the Inns of Court of Malaysia. He is a member of the Worshipful Company of Chartered Accountants England and Wales. He was conferred the Darjah Kebesaran Dato’, which carries the title Dato’ in 2013 by the Sultan of Selangor. He was conferred an Honorary Degree of Doctorate of Laws by the University of Nottingham in July 2016.
TAN SRI ABU SAMAH NORDIN
Non-Executive Chairman
Audit Oversight Board (AOB)
Tan Sri Abu Samah was appointed as the Non-executive Chairman of the Audit Oversight Board (AOB) on 5 January 2024. Tan Sri brings with him more than 40 years of experience in various capacities in the government agencies and judicial services.
Tan Sri Abu Samah was appointed as Judicial Commissioner at the Commercial Division of Kuala Lumpur High Court in 1994, before becoming the High Court Judge of the Commercial Division in 1996. He then served as the High Court Judge in Kuantan, Shah Alam and Melaka between 1997 and 2003. He later became the Judge at the Criminal Division of Kuala Lumpur High Court in 2007 and was elevated to the Court of Appeal in the same year and the Federal Court in 2013 before retiring from judicial service in 2018.
Tan Sri Abu Samah holds a Bachelor of Law LLB (Hons) from the University of Malaya and Master of Law from University College London.
DATUK NOR AZIMAH BINTI ABDUL AZIZ
DATUK MUHAMAD UMAR SWIFT
DATO’ SERI DR MOHAMAD ZABIDI AHMAD
TAN SRI MOHD NASIR AHMAD
ENCIK SRIDHARAN NAIR
DATUK NOR AZIMAH BINTI ABDUL AZIZ
Chief Executive Officer
Companies Commission of Malaysia
Datuk Nor Azimah Abdul Aziz is the Chief Executive Officer (CEO) of the Companies Commission of Malaysia (SSM). Prior to her appointment as CEO on 1 May 2020, she was the Deputy Chief Executive Officer (DCEO) of Regulatory & Enforcement and thereafter, DCEO of Corporate Services between 2016 and 2020. She joined SSM as General Manager of the Corporate Policy, Planning and Development Department in 2003. She started her career in 1992 as an Advocate and Solicitor and from there on served as a Law Lecturer at the Accounting Department, Faculty of Business and Management, Universiti Kebangsaan Malaysia (UKM). During her tenure with UKM, in July 2000, she was seconded to the Regulatory and Standards Department of the Malaysian Institute of Accountants (MIA).
She has extensive experience in law reform initiatives and oversaw the passing of significant pieces of legislations under the purview of SSM, among others, the Companies Act 2016, Interest Schemes Act 2016, Limited Liability Partnership Act 2012 and Companies (Amendment) Act 2007. She is currently a Board Member of the Audit Oversight Board (AOB), Board Member of the Integrity Officer Accreditation Board (LPPIB), Board Member of the Financial Reporting Foundation (FRF), Member of the Approval and Implementation Committee of the Iskandar Regional Development Authority (IRDA), Board Member of the Labuan Financial Services Authority (Labuan FSA), Executive Committee member of the Corporate Registers Forum (CRF) which is an association of international corporate registries, and recently appointed as an Adjunct Professor at National University of Malaysia.
She obtained her Law Degree from the Institut Teknologi MARA (now Universiti Teknologi MARA or UiTM) and
her Master of Laws (LLM in Business Law) from the Aberystwyth University, United Kingdom.
DATUK MUHAMAD UMAR SWIFT
Chief Executive Officer
Bursa Malaysia Berhad
Datuk Muhamad Umar Swift is the Chief Executive Officer (CEO) of Bursa Malaysia Berhad, a position he has held since 2019. Datuk Umar leads the Exchange to fulfil its vision of becoming ASEAN’s leading, sustainable and globally connected marketplace. He is also the director of all subsidiary companies within the Bursa Malaysia Group and is the Chairman of Bursa Malaysia Derivatives Berhad and Bursa Malaysia Derivatives Clearing Berhad, Bursa Malaysia RAM Capital Sdn Bhd and Yayasan Bursa Malaysia. Furthermore, as Chairman of the CEO Action Network (CAN) and advisor for the UN Global Compact Network Malaysia and Brunei, he hopes to nurture sustainable businesses and sustainable development.
Datuk Umar brings over 25 years leadership experience in banking and financial services, which include previous appointments as CEO for MAA Group and CEO for Gas Malaysia. He currently also serves on the boards of the Securities Industry Development Corporation (SIDC), Capital Market Development Fund (CMDF), and the Malaysia Forest Fund (MFF). In addition, he is Adjunct Professor at the School of Economics, Finance and Banking of Universiti Utara Malaysia.
Datuk Umar graduated with a Bachelor of Economics degree from Monash University, Australia. He is a Fellow of Chartered Accountants Australia and New Zealand, a Fellow of CPA Australia, a Chartered Tax Adviser of the Tax Institute of Australia, and a Fellow of the Financial Services Institute of Australasia (FINSIA) in Australia. He is also a Chartered Accountant registered with the Malaysian Institute of Accountants (MIA) and a Registered Financial Planner.
DATO’ SERI DR MOHAMAD ZABIDI AHMAD
President
Malaysian Institute of Accountants (MIA)
Dato’ Seri Dr. Mohamad Zabidi Ahmad was elected by the Council as Malaysian Institute of Accountants (MIA) President on 1 December 2023. Previously, he was appointed as MIA Council member on 15 December 2022. He is currently the Senior Strategic Advisor and Chief Regional Representative for Malaysia and SEA, DDCap Limited.
Dato’ Seri Dr. Zabidi was previously the Senior Managing Director and Regional Head, Islamic Treasury, Treasury and Markets, Group Wholesale Banking, CIMB Group. He was responsible for developing the Islamic Treasury franchise for the CIMB Group regionally including United Kingdom, Singapore, Indonesia, Brunei and Thailand since 2006. In total, he has over 38 years of experience in the banking industry including 19 years’ experience in Group Treasury (conventional and Islamic), corporate (deposits, investment, client solutions), interbank, marketing, fixed income and derivatives, product development and structuring.
Dato’ Seri Dr. Zabidi is a member of the Malaysian Institute of Accountants (MIA) and a member of the Institute of Corporate Directors Malaysia (ICDM). He holds an Associate Qualification of Islamic Finance (AQIF) from the Islamic Banking and Finance Institute Malaysia (IBFIM). He is also a Chartered Professional of Islamic Finance (CPIF) and a member of the Chartered Institute of Islamic Finance (CIIF).
Dato’ Seri Dr. Zabidi holds a Doctorate in Business Administration from the Othman Yeop Abdullah Graduate School of Business (OYAGSB), Universiti Utara Malaysia (UUM) and a Bachelor’s in Accounting with Honours from Universiti Teknologi Malaysia (UTM). He recently completed the Oxford Executive Leadership Programme at the Sa’id Business School of Oxford University. He is also certified in Sustainable Finance Leaders by Institute for Sustainable Leadership, University of Cambridge.
TAN SRI MOHD NASIR AHMAD
Chairman
Malaysian Accounting Standards Board
Tan Sri Mohd Nasir Ahmad is the Chairman of CIMB Group Holdings Berhad. He has vast experience in the areas of leadership, management, finance and accounting which spans over 40 years. He also currently serves as the Chairman for CIMB Bank Berhad, CIMB Bank PLC (Cambodia), Touch ‘N Go Sdn Bhd and CIMB Foundation. Tan Sri Mohd Nasir is also a director of FIDE FORUM besides being a Trustee of Yayasan Canselor UNITEN and Perdana Leadership Foundation. He is a Past President of the Malaysian Institute of Accountants (MIA).
ENCIK SRIDHARAN NAIR
Vice Chairman – Markets, Asia Pacific
PricewaterhouseCoopers
Encik Sridharan Nair (or Sri as he is widely known) is the Vice Chairman, Markets for PricewaterhouseCoopers (PwC), in Asia Pacific based in Kuala Lumpur, Malaysia. He co-chairs the Asia Pacific Executive Team and is a member of the Asia Pacific Leadership Team. He is also a member of PwC’s Global Inclusion and Diversity Council.
Sri has held various other leadership roles in PwC prior to taking up his current position in July 2020. He was the Territory Senior Partner (TSP) of the Malaysian firm from 2012 and of the combined Malaysia-Vietnam firm from 2015. He was also the Chairman of the Board of the South East Asia Consulting (SEAC) practice and Board member of the ASEANZ Consulting practice.
He is an alumnus of Universiti Malaya and qualified as a Chartered Accountant in the United Kingdom. He has 34 years’ experience in audit and business advisory services, having worked with a wide range of clients across various industry sectors in Malaysia.
During his tenure as TSP, Sri was a regular speaker and moderator at various conferences and forums in Malaysia on topics such as leadership, corporate governance, current economic issues, human capital, and diversity. For his efforts in driving best practices in creating a diverse and inclusive workplace in PwC Malaysia, he was recognised as CEO Champion at the inaugural Life at Work Awards by the government several years ago.
ENCIK JALALULLAIL OTHMAN
DATUK TONG POH KEOW
ENCIK JALALULLAIL OTHMAN
Senior Partner
Shook Lin & Bok
Encik Jal Othman is a partner in the corporate and commercial law practice group at Shook Lin & Bok, one of the oldest and largest law firms in Malaysia. Within Shook Lin & Bok, Encik Jal heads the Islamic Finance practice, a practice he played a pivotal role in establishing. He leads a team of approximately 20 lawyers advising on Islamic finance deals and his portfolio of work includes advising on a wide range of sukuk issuances for various industries, project financing, Islamic structured products and Islamic syndicated financing. Encik Jal is actively involved in driving innovation within the Islamic finance industry, working on product developments for Malaysian and international Islamic banks.
In addition to Islamic finance, Encik Jal's other major areas of practice are corporate commercial law and real estate. His experience in advising on some major cross-border mergers and acquisitions and real estate acquisitions has benefited him in his role as an Islamic finance lawyer. He also co-heads the Regulatory and Compliance Practice Group at Shook Lin & Bok.
Encik Jal was appointed as Independent Director of CIMB Islamic Bank Berhad on 26 January 2018 and is a Member of the Board Risk Committee and the Board Shariah Committee. He holds positions at the International Centre for Education in Islamic Finance (INCEIF) University, which is under the auspices of Bank Negara Malaysia. He has been commissioned by the Securities Commission Malaysia and the Rating Agency of Malaysia for product development and regulatory requirements. He is actively involved in law reform, serving on the Bank Negara Malaysia committee for Islamic Finance Law Reform.
Encik Jal's involvement extends to the technical committees of the Malaysian Accounting Standards Board (MASB) and the Malaysian Institute of Accountants (MIA). He serves as a moderator for the Finance Accreditation Agency (FAA) and as an arbitrator for Islamic Finance at the Kuala Lumpur Regional Centre for Arbitration (KLRCA). Additionally, he is a chapter reviewer and contributor for the International Shariah Research Academy (ISRA).
Encik Jal's journey in his legal career began after completing his Malaysian Bar examinations. He commenced his pupillage at Shook Lin & Bok, where he later became a partner in 2001 and progressed to the role of a senior partner of the Firm in 2004. He graduated from Queen Mary & Westfield College of the University of London.
DATUK TONG POH KEOW
Independent Non-Executive Director
Sunway Berhad
Datuk Tong Poh Keow is the Independent Non-Executive Director of Sunway Berhad effective on 21 September 2020. Datuk Tong began her career as a secretarial assistant with Siva, Heng & Monteiro in 1978 and was promoted to manager of secretarial services and audit in 1980. In 1981, she left the firm and joined Shapadu Holding Sdn. Bhd. as an accountant and company secretary until March 1983.
In November 1983, she joined Highlands & Lowlands Berhad as an accountant and assistant company secretary. In 1985, she joined Kumpulan Guthrie Berhad and held various senior positions within the organisation until her promotion as Chief Financial Officer (CFO) in April 2003. After Sime Darby Berhad's merger was complete in October 2007, Sime Darby Plantation Berhad appointed her as CFO, and she later assumed the position of Group CFO of Sime Darby Berhad in 2008 and has held on to the position for about 9 years. She was then appointed as the Executive Director and Group CFO of Sime Darby Property Berhad in November 2017, after the completion of demerger of Sime Darby Berhad. She retired as Group CFO of Sime Darby Property Berhad on March 2019, and as Executive Director on May 2019, respectively.
Datuk Tong is a Fellow of the Association of Chartered Certified Accountants and a Member of the Association of Chartered Certified Accountants Malaysian Advisory Committee since 1 January 2020, as well as a member of the Malaysian Institute of Accountants. She was a member of the Malaysian Accounting Standards Board from October 2013 to September 2019. She was awarded Best CFO in Malaysia for 2014, 2015 and 2017 by the Institutional Investor Corporate Awards – Alpha Southeast Asia and Best CFO for Investor Relations (Large Cap) for 2013, 2014 and 2017 at the Malaysia Investor Relations Awards.
Datuk Tong graduated from Kolej Tunku Abdul Rahman with a Diploma in Commerce. She also has a qualification from the Institute of the Chartered Secretaries and Administrators, UK.
DATO' ZAINAL ABIDIN PUTIH
Vacant
ENCIK AZNAN ABDUL AZIZ
DATO' ZAINAL ABIDIN PUTIH
Chairman
Financial Reporting Foundation
Dato’ Zainal Abidin Putih is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), a Member of The Malaysian Institute of Certified Public Accountants (MICPA) and a Member of the Malaysian Institute of Accountants (MIA).
Upon qualifying from the ICAEW, Dato’ Zainal joined the firm of Messrs Hanafiah, Raslan & Mohamad, which merged with Ernst & Young in July 2002. He has extensive experience in audit, having worked as a practicing accountant throughout his career covering many principal industries including banks, insurance, energy, transport, manufacturing, government agencies, plantations, properties, hotels, investment companies and unit trusts. He also has good working knowledge of taxation matters and management consultancy, especially in the areas of acquisitions, takeovers, amalgamations, restructuring and public listing of companies.
Dato’ Zainal plays an active role in the community and the corporate world, being a Past President of MICPA, former Chairman of the Malaysian Accounting Standards Board (MASB) and Pengurusan Danaharta Nasional Berhad. He was a member of the Malaysian Communication and Multimedia Commission (a body set up by the Malaysian Government to oversee the orderly development of the multimedia and telecommunication industry in Malaysia) and also a member of the Investment Panel of Employees Provident Fund (EPF).
Dato’ Zainal has more than 45 years of experience in various capacities in the corporate sector and was the Chairman of CIMB Bank Berhad until his retirement in June 2020. He is currently the Chairman of Telekom Malaysia Berhad, Land and General Berhad and Tokio Marine Insurans (Malaysia) Berhad. He also sits on the boards of several private limited companies. He is an Advisor to the Board of Petron Malaysia Refining and Marketing Berhad.
Dato’ Zainal is a Trustee of IJN Foundation, MICPA Educational Trust Fund and Chairman of the Board of Trustees of Yayasan Telekom Malaysia.
Vacant
ENCIK AZNAN ABDUL AZIZ
Assistant Governor
Bank Negara Malaysia
Encik Aznan Abdul Aziz is the Assistant Governor of Bank Negara Malaysia who is responsible for the Payments Services Oversight, Financial Conglomerates Supervision, Banking Supervision, Insurance and Takaful Supervision as well as Risk Specialist and Technology Supervision Departments.
Prior to his appointment as the Assistant Governor, he served in several departments including Financial Conglomerates Supervision, Governor’s Office, Islamic Banking and Takaful, Financial Sector Development, Financial Intelligence Unit, Financial Surveillance and Bank Regulation Departments.
He was previously the Chairman of the Financial Technology Enabler Group (FTEG) that was responsible for developing strategies and regulatory policies to facilitate the use of technology in financial services and the Assistant General Manager of Danamodal Nasional Berhad, the special purpose vehicle established to recapitalise distressed financial institutions during the 1997 Asian Financial Crisis.
Aznan holds a Degree in Economics and Accounting from the University of Bristol, England.
DATO’ MOHAMMAD FAIZ AZMI
TAN SRI ABU SAMAH NORDIN
DATUK NOR AZIMAH BINTI ABDUL AZIZ
DATO’ MOHAMMAD FAIZ AZMI
Executive Chairman
Securities Commission Malaysia
Dato’ Mohammad Faiz Azmi has been appointed as a member of Yayasan Laporan Kewangan (FRF) on 1 November 2024. He is currently the Executive Chairman of the Securities Commission (SC), the capital markets regulator of Malaysia. He was a Board member of the SC since August 2023.
Dato’ Faiz was the Chairman of PwC Malaysia for 11 out of his 30 years with the firm. He has over 38 years of experience in the audit and business advisory services in Malaysia and the UK. He was the leader of PwC's Global Islamic Finance Team practice, PwC's Malaysia's Financial Services Leader and joint Head of Audit and lead the ESG and Shariah Investing part of PwC's Sustainability and Climate Change practice in Malaysia. He retired as a partner and the Executive Chairman of PwC Malaysia in June 2023.
Dato’ Faiz is a member of the Malaysian Institute of Accountants (MIA) and a Fellow of ICAEW. He has held the post of President of the Malaysian Institute of Accountants, Chairman of the Malaysia Accounting Standards Board, President of the Kuala Lumpur Business Club and ICAEW City Group Chairman.
He was educated in Malaysia and UK and read law at the University of Durham before being called to the English Bar. He is an alumnus of Lincoln’s Inn and a member of the Inns of Court of Malaysia. He is a member of the Worshipful Company of Chartered Accountants England and Wales. He was conferred the Darjah Kebesaran Dato’, which carries the title Dato’ in 2013 by the Sultan of Selangor. He was conferred an Honorary Degree of Doctorate of Laws by the University of Nottingham in July 2016.
TAN SRI ABU SAMAH NORDIN
Non-Executive Chairman
Audit Oversight Board (AOB)
Tan Sri Abu Samah was appointed as the Non-executive Chairman of the Audit Oversight Board (AOB) on 5 January 2024. Tan Sri brings with him more than 40 years of experience in various capacities in the government agencies and judicial services.
Tan Sri Abu Samah was appointed as Judicial Commissioner at the Commercial Division of Kuala Lumpur High Court in 1994, before becoming the High Court Judge of the Commercial Division in 1996. He then served as the High Court Judge in Kuantan, Shah Alam and Melaka between 1997 and 2003. He later became the Judge at the Criminal Division of Kuala Lumpur High Court in 2007 and was elevated to the Court of Appeal in the same year and the Federal Court in 2013 before retiring from judicial service in 2018.
Tan Sri Abu Samah holds a Bachelor of Law LLB (Hons) from the University of Malaya and Master of Law from University College London.
DATUK NOR AZIMAH BINTI ABDUL AZIZ
Chief Executive Officer
Companies Commission of Malaysia
Datuk Nor Azimah Abdul Aziz is the Chief Executive Officer (CEO) of the Companies Commission of Malaysia (SSM). Prior to her appointment as CEO on 1 May 2020, she was the Deputy Chief Executive Officer (DCEO) of Regulatory & Enforcement and thereafter, DCEO of Corporate Services between 2016 and 2020. She joined SSM as General Manager of the Corporate Policy, Planning and Development Department in 2003. She started her career in 1992 as an Advocate and Solicitor and from there on served as a Law Lecturer at the Accounting Department, Faculty of Business and Management, Universiti Kebangsaan Malaysia (UKM). During her tenure with UKM, in July 2000, she was seconded to the Regulatory and Standards Department of the Malaysian Institute of Accountants (MIA).
She has extensive experience in law reform initiatives and oversaw the passing of significant pieces of legislations under the purview of SSM, among others, the Companies Act 2016, Interest Schemes Act 2016, Limited Liability Partnership Act 2012 and Companies (Amendment) Act 2007. She is currently a Board Member of the Audit Oversight Board (AOB), Board Member of the Integrity Officer Accreditation Board (LPPIB), Board Member of the Financial Reporting Foundation (FRF), Member of the Approval and Implementation Committee of the Iskandar Regional Development Authority (IRDA), Board Member of the Labuan Financial Services Authority (Labuan FSA), Executive Committee member of the Corporate Registers Forum (CRF) which is an association of international corporate registries, and recently appointed as an Adjunct Professor at National University of Malaysia.
She obtained her Law Degree from the Institut Teknologi MARA (now Universiti Teknologi MARA or UiTM) and
her Master of Laws (LLM in Business Law) from the Aberystwyth University, United Kingdom.
DATUK MUHAMAD UMAR SWIFT
DATO’ SERI DR MOHAMAD ZABIDI AHMAD
TAN SRI MOHD NASIR AHMAD
DATUK MUHAMAD UMAR SWIFT
Chief Executive Officer
Bursa Malaysia Berhad
Datuk Muhamad Umar Swift is the Chief Executive Officer (CEO) of Bursa Malaysia Berhad, a position he has held since 2019. Datuk Umar leads the Exchange to fulfil its vision of becoming ASEAN’s leading, sustainable and globally connected marketplace. He is also the director of all subsidiary companies within the Bursa Malaysia Group and is the Chairman of Bursa Malaysia Derivatives Berhad and Bursa Malaysia Derivatives Clearing Berhad, Bursa Malaysia RAM Capital Sdn Bhd and Yayasan Bursa Malaysia. Furthermore, as Chairman of the CEO Action Network (CAN) and advisor for the UN Global Compact Network Malaysia and Brunei, he hopes to nurture sustainable businesses and sustainable development.
Datuk Umar brings over 25 years leadership experience in banking and financial services, which include previous appointments as CEO for MAA Group and CEO for Gas Malaysia. He currently also serves on the boards of the Securities Industry Development Corporation (SIDC), Capital Market Development Fund (CMDF), and the Malaysia Forest Fund (MFF). In addition, he is Adjunct Professor at the School of Economics, Finance and Banking of Universiti Utara Malaysia.
Datuk Umar graduated with a Bachelor of Economics degree from Monash University, Australia. He is a Fellow of Chartered Accountants Australia and New Zealand, a Fellow of CPA Australia, a Chartered Tax Adviser of the Tax Institute of Australia, and a Fellow of the Financial Services Institute of Australasia (FINSIA) in Australia. He is also a Chartered Accountant registered with the Malaysian Institute of Accountants (MIA) and a Registered Financial Planner.
DATO’ SERI DR MOHAMAD ZABIDI AHMAD
President
Malaysian Institute of Accountants (MIA)
Dato’ Seri Dr. Mohamad Zabidi Ahmad was elected by the Council as Malaysian Institute of Accountants (MIA) President on 1 December 2023. Previously, he was appointed as MIA Council member on 15 December 2022. He is currently the Senior Strategic Advisor and Chief Regional Representative for Malaysia and SEA, DDCap Limited.
Dato’ Seri Dr. Zabidi was previously the Senior Managing Director and Regional Head, Islamic Treasury, Treasury and Markets, Group Wholesale Banking, CIMB Group. He was responsible for developing the Islamic Treasury franchise for the CIMB Group regionally including United Kingdom, Singapore, Indonesia, Brunei and Thailand since 2006. In total, he has over 38 years of experience in the banking industry including 19 years’ experience in Group Treasury (conventional and Islamic), corporate (deposits, investment, client solutions), interbank, marketing, fixed income and derivatives, product development and structuring.
Dato’ Seri Dr. Zabidi is a member of the Malaysian Institute of Accountants (MIA) and a member of the Institute of Corporate Directors Malaysia (ICDM). He holds an Associate Qualification of Islamic Finance (AQIF) from the Islamic Banking and Finance Institute Malaysia (IBFIM). He is also a Chartered Professional of Islamic Finance (CPIF) and a member of the Chartered Institute of Islamic Finance (CIIF).
Dato’ Seri Dr. Zabidi holds a Doctorate in Business Administration from the Othman Yeop Abdullah Graduate School of Business (OYAGSB), Universiti Utara Malaysia (UUM) and a Bachelor’s in Accounting with Honours from Universiti Teknologi Malaysia (UTM). He recently completed the Oxford Executive Leadership Programme at the Sa’id Business School of Oxford University. He is also certified in Sustainable Finance Leaders by Institute for Sustainable Leadership, University of Cambridge.
TAN SRI MOHD NASIR AHMAD
Chairman
Malaysian Accounting Standards Board
Tan Sri Mohd Nasir Ahmad is the Chairman of CIMB Group Holdings Berhad. He has vast experience in the areas of leadership, management, finance and accounting which spans over 40 years. He also currently serves as the Chairman for CIMB Bank Berhad, CIMB Bank PLC (Cambodia), Touch ‘N Go Sdn Bhd and CIMB Foundation. Tan Sri Mohd Nasir is also a director of FIDE FORUM besides being a Trustee of Yayasan Canselor UNITEN and Perdana Leadership Foundation. He is a Past President of the Malaysian Institute of Accountants (MIA).
ENCIK SRIDHARAN NAIR
ENCIK JALALULLAIL OTHMAN
DATUK TONG POH KEOW
ENCIK SRIDHARAN NAIR
Vice Chairman – Markets, Asia Pacific
PricewaterhouseCoopers
Encik Sridharan Nair (or Sri as he is widely known) is the Vice Chairman, Markets for PricewaterhouseCoopers (PwC), in Asia Pacific based in Kuala Lumpur, Malaysia. He co-chairs the Asia Pacific Executive Team and is a member of the Asia Pacific Leadership Team. He is also a member of PwC’s Global Inclusion and Diversity Council.
Sri has held various other leadership roles in PwC prior to taking up his current position in July 2020. He was the Territory Senior Partner (TSP) of the Malaysian firm from 2012 and of the combined Malaysia-Vietnam firm from 2015. He was also the Chairman of the Board of the South East Asia Consulting (SEAC) practice and Board member of the ASEANZ Consulting practice.
He is an alumnus of Universiti Malaya and qualified as a Chartered Accountant in the United Kingdom. He has 34 years’ experience in audit and business advisory services, having worked with a wide range of clients across various industry sectors in Malaysia.
During his tenure as TSP, Sri was a regular speaker and moderator at various conferences and forums in Malaysia on topics such as leadership, corporate governance, current economic issues, human capital, and diversity. For his efforts in driving best practices in creating a diverse and inclusive workplace in PwC Malaysia, he was recognised as CEO Champion at the inaugural Life at Work Awards by the government several years ago.
ENCIK JALALULLAIL OTHMAN
Senior Partner
Shook Lin & Bok
Encik Jal Othman is a partner in the corporate and commercial law practice group at Shook Lin & Bok, one of the oldest and largest law firms in Malaysia. Within Shook Lin & Bok, Encik Jal heads the Islamic Finance practice, a practice he played a pivotal role in establishing. He leads a team of approximately 20 lawyers advising on Islamic finance deals and his portfolio of work includes advising on a wide range of sukuk issuances for various industries, project financing, Islamic structured products and Islamic syndicated financing. Encik Jal is actively involved in driving innovation within the Islamic finance industry, working on product developments for Malaysian and international Islamic banks.
In addition to Islamic finance, Encik Jal's other major areas of practice are corporate commercial law and real estate. His experience in advising on some major cross-border mergers and acquisitions and real estate acquisitions has benefited him in his role as an Islamic finance lawyer. He also co-heads the Regulatory and Compliance Practice Group at Shook Lin & Bok.
Encik Jal was appointed as Independent Director of CIMB Islamic Bank Berhad on 26 January 2018 and is a Member of the Board Risk Committee and the Board Shariah Committee. He holds positions at the International Centre for Education in Islamic Finance (INCEIF) University, which is under the auspices of Bank Negara Malaysia. He has been commissioned by the Securities Commission Malaysia and the Rating Agency of Malaysia for product development and regulatory requirements. He is actively involved in law reform, serving on the Bank Negara Malaysia committee for Islamic Finance Law Reform.
Encik Jal's involvement extends to the technical committees of the Malaysian Accounting Standards Board (MASB) and the Malaysian Institute of Accountants (MIA). He serves as a moderator for the Finance Accreditation Agency (FAA) and as an arbitrator for Islamic Finance at the Kuala Lumpur Regional Centre for Arbitration (KLRCA). Additionally, he is a chapter reviewer and contributor for the International Shariah Research Academy (ISRA).
Encik Jal's journey in his legal career began after completing his Malaysian Bar examinations. He commenced his pupillage at Shook Lin & Bok, where he later became a partner in 2001 and progressed to the role of a senior partner of the Firm in 2004. He graduated from Queen Mary & Westfield College of the University of London.
DATUK TONG POH KEOW
Independent Non-Executive Director
Sunway Berhad
Datuk Tong Poh Keow is the Independent Non-Executive Director of Sunway Berhad effective on 21 September 2020. Datuk Tong began her career as a secretarial assistant with Siva, Heng & Monteiro in 1978 and was promoted to manager of secretarial services and audit in 1980. In 1981, she left the firm and joined Shapadu Holding Sdn. Bhd. as an accountant and company secretary until March 1983.
In November 1983, she joined Highlands & Lowlands Berhad as an accountant and assistant company secretary. In 1985, she joined Kumpulan Guthrie Berhad and held various senior positions within the organisation until her promotion as Chief Financial Officer (CFO) in April 2003. After Sime Darby Berhad's merger was complete in October 2007, Sime Darby Plantation Berhad appointed her as CFO, and she later assumed the position of Group CFO of Sime Darby Berhad in 2008 and has held on to the position for about 9 years. She was then appointed as the Executive Director and Group CFO of Sime Darby Property Berhad in November 2017, after the completion of demerger of Sime Darby Berhad. She retired as Group CFO of Sime Darby Property Berhad on March 2019, and as Executive Director on May 2019, respectively.
Datuk Tong is a Fellow of the Association of Chartered Certified Accountants and a Member of the Association of Chartered Certified Accountants Malaysian Advisory Committee since 1 January 2020, as well as a member of the Malaysian Institute of Accountants. She was a member of the Malaysian Accounting Standards Board from October 2013 to September 2019. She was awarded Best CFO in Malaysia for 2014, 2015 and 2017 by the Institutional Investor Corporate Awards – Alpha Southeast Asia and Best CFO for Investor Relations (Large Cap) for 2013, 2014 and 2017 at the Malaysia Investor Relations Awards.
Datuk Tong graduated from Kolej Tunku Abdul Rahman with a Diploma in Commerce. She also has a qualification from the Institute of the Chartered Secretaries and Administrators, UK.
DATO' ZAINAL ABIDIN PUTIH
Vacant
DATO' ZAINAL ABIDIN PUTIH
Chairman
Financial Reporting Foundation
Dato’ Zainal Abidin Putih is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), a Member of The Malaysian Institute of Certified Public Accountants (MICPA) and a Member of the Malaysian Institute of Accountants (MIA).
Upon qualifying from the ICAEW, Dato’ Zainal joined the firm of Messrs Hanafiah, Raslan & Mohamad, which merged with Ernst & Young in July 2002. He has extensive experience in audit, having worked as a practicing accountant throughout his career covering many principal industries including banks, insurance, energy, transport, manufacturing, government agencies, plantations, properties, hotels, investment companies and unit trusts. He also has good working knowledge of taxation matters and management consultancy, especially in the areas of acquisitions, takeovers, amalgamations, restructuring and public listing of companies.
Dato’ Zainal plays an active role in the community and the corporate world, being a Past President of MICPA, former Chairman of the Malaysian Accounting Standards Board (MASB) and Pengurusan Danaharta Nasional Berhad. He was a member of the Malaysian Communication and Multimedia Commission (a body set up by the Malaysian Government to oversee the orderly development of the multimedia and telecommunication industry in Malaysia) and also a member of the Investment Panel of Employees Provident Fund (EPF).
Dato’ Zainal has more than 45 years of experience in various capacities in the corporate sector and was the Chairman of CIMB Bank Berhad until his retirement in June 2020. He is currently the Chairman of Telekom Malaysia Berhad, Land and General Berhad and Tokio Marine Insurans (Malaysia) Berhad. He also sits on the boards of several private limited companies. He is an Advisor to the Board of Petron Malaysia Refining and Marketing Berhad.
Dato’ Zainal is a Trustee of IJN Foundation, MICPA Educational Trust Fund and Chairman of the Board of Trustees of Yayasan Telekom Malaysia.
Vacant
ENCIK AZNAN ABDUL AZIZ
DATO’ MOHAMMAD FAIZ AZMI
ENCIK AZNAN ABDUL AZIZ
Assistant Governor
Bank Negara Malaysia
Encik Aznan Abdul Aziz is the Assistant Governor of Bank Negara Malaysia who is responsible for the Payments Services Oversight, Financial Conglomerates Supervision, Banking Supervision, Insurance and Takaful Supervision as well as Risk Specialist and Technology Supervision Departments.
Prior to his appointment as the Assistant Governor, he served in several departments including Financial Conglomerates Supervision, Governor’s Office, Islamic Banking and Takaful, Financial Sector Development, Financial Intelligence Unit, Financial Surveillance and Bank Regulation Departments.
He was previously the Chairman of the Financial Technology Enabler Group (FTEG) that was responsible for developing strategies and regulatory policies to facilitate the use of technology in financial services and the Assistant General Manager of Danamodal Nasional Berhad, the special purpose vehicle established to recapitalise distressed financial institutions during the 1997 Asian Financial Crisis.
Aznan holds a Degree in Economics and Accounting from the University of Bristol, England.
DATO’ MOHAMMAD FAIZ AZMI
Executive Chairman
Securities Commission Malaysia
Dato’ Mohammad Faiz Azmi has been appointed as a member of Yayasan Laporan Kewangan (FRF) on 1 November 2024. He is currently the Executive Chairman of the Securities Commission (SC), the capital markets regulator of Malaysia. He was a Board member of the SC since August 2023.
Dato’ Faiz was the Chairman of PwC Malaysia for 11 out of his 30 years with the firm. He has over 38 years of experience in the audit and business advisory services in Malaysia and the UK. He was the leader of PwC's Global Islamic Finance Team practice, PwC's Malaysia's Financial Services Leader and joint Head of Audit and lead the ESG and Shariah Investing part of PwC's Sustainability and Climate Change practice in Malaysia. He retired as a partner and the Executive Chairman of PwC Malaysia in June 2023.
Dato’ Faiz is a member of the Malaysian Institute of Accountants (MIA) and a Fellow of ICAEW. He has held the post of President of the Malaysian Institute of Accountants, Chairman of the Malaysia Accounting Standards Board, President of the Kuala Lumpur Business Club and ICAEW City Group Chairman.
He was educated in Malaysia and UK and read law at the University of Durham before being called to the English Bar. He is an alumnus of Lincoln’s Inn and a member of the Inns of Court of Malaysia. He is a member of the Worshipful Company of Chartered Accountants England and Wales. He was conferred the Darjah Kebesaran Dato’, which carries the title Dato’ in 2013 by the Sultan of Selangor. He was conferred an Honorary Degree of Doctorate of Laws by the University of Nottingham in July 2016.
TAN SRI ABU SAMAH NORDIN
DATUK NOR AZIMAH BINTI ABDUL AZIZ
TAN SRI ABU SAMAH NORDIN
Non-Executive Chairman
Audit Oversight Board (AOB)
Tan Sri Abu Samah was appointed as the Non-executive Chairman of the Audit Oversight Board (AOB) on 5 January 2024. Tan Sri brings with him more than 40 years of experience in various capacities in the government agencies and judicial services.
Tan Sri Abu Samah was appointed as Judicial Commissioner at the Commercial Division of Kuala Lumpur High Court in 1994, before becoming the High Court Judge of the Commercial Division in 1996. He then served as the High Court Judge in Kuantan, Shah Alam and Melaka between 1997 and 2003. He later became the Judge at the Criminal Division of Kuala Lumpur High Court in 2007 and was elevated to the Court of Appeal in the same year and the Federal Court in 2013 before retiring from judicial service in 2018.
Tan Sri Abu Samah holds a Bachelor of Law LLB (Hons) from the University of Malaya and Master of Law from University College London.
DATUK NOR AZIMAH BINTI ABDUL AZIZ
Chief Executive Officer
Companies Commission of Malaysia
Datuk Nor Azimah Abdul Aziz is the Chief Executive Officer (CEO) of the Companies Commission of Malaysia (SSM). Prior to her appointment as CEO on 1 May 2020, she was the Deputy Chief Executive Officer (DCEO) of Regulatory & Enforcement and thereafter, DCEO of Corporate Services between 2016 and 2020. She joined SSM as General Manager of the Corporate Policy, Planning and Development Department in 2003. She started her career in 1992 as an Advocate and Solicitor and from there on served as a Law Lecturer at the Accounting Department, Faculty of Business and Management, Universiti Kebangsaan Malaysia (UKM). During her tenure with UKM, in July 2000, she was seconded to the Regulatory and Standards Department of the Malaysian Institute of Accountants (MIA).
She has extensive experience in law reform initiatives and oversaw the passing of significant pieces of legislations under the purview of SSM, among others, the Companies Act 2016, Interest Schemes Act 2016, Limited Liability Partnership Act 2012 and Companies (Amendment) Act 2007. She is currently a Board Member of the Audit Oversight Board (AOB), Board Member of the Integrity Officer Accreditation Board (LPPIB), Board Member of the Financial Reporting Foundation (FRF), Member of the Approval and Implementation Committee of the Iskandar Regional Development Authority (IRDA), Board Member of the Labuan Financial Services Authority (Labuan FSA), Executive Committee member of the Corporate Registers Forum (CRF) which is an association of international corporate registries, and recently appointed as an Adjunct Professor at National University of Malaysia.
She obtained her Law Degree from the Institut Teknologi MARA (now Universiti Teknologi MARA or UiTM) and
her Master of Laws (LLM in Business Law) from the Aberystwyth University, United Kingdom.
DATUK MUHAMAD UMAR SWIFT
DATO’ SERI DR MOHAMAD ZABIDI AHMAD
DATUK MUHAMAD UMAR SWIFT
Chief Executive Officer
Bursa Malaysia Berhad
Datuk Muhamad Umar Swift is the Chief Executive Officer (CEO) of Bursa Malaysia Berhad, a position he has held since 2019. Datuk Umar leads the Exchange to fulfil its vision of becoming ASEAN’s leading, sustainable and globally connected marketplace. He is also the director of all subsidiary companies within the Bursa Malaysia Group and is the Chairman of Bursa Malaysia Derivatives Berhad and Bursa Malaysia Derivatives Clearing Berhad, Bursa Malaysia RAM Capital Sdn Bhd and Yayasan Bursa Malaysia. Furthermore, as Chairman of the CEO Action Network (CAN) and advisor for the UN Global Compact Network Malaysia and Brunei, he hopes to nurture sustainable businesses and sustainable development.
Datuk Umar brings over 25 years leadership experience in banking and financial services, which include previous appointments as CEO for MAA Group and CEO for Gas Malaysia. He currently also serves on the boards of the Securities Industry Development Corporation (SIDC), Capital Market Development Fund (CMDF), and the Malaysia Forest Fund (MFF). In addition, he is Adjunct Professor at the School of Economics, Finance and Banking of Universiti Utara Malaysia.
Datuk Umar graduated with a Bachelor of Economics degree from Monash University, Australia. He is a Fellow of Chartered Accountants Australia and New Zealand, a Fellow of CPA Australia, a Chartered Tax Adviser of the Tax Institute of Australia, and a Fellow of the Financial Services Institute of Australasia (FINSIA) in Australia. He is also a Chartered Accountant registered with the Malaysian Institute of Accountants (MIA) and a Registered Financial Planner.
DATO’ SERI DR MOHAMAD ZABIDI AHMAD
President
Malaysian Institute of Accountants (MIA)
Dato’ Seri Dr. Mohamad Zabidi Ahmad was elected by the Council as Malaysian Institute of Accountants (MIA) President on 1 December 2023. Previously, he was appointed as MIA Council member on 15 December 2022. He is currently the Senior Strategic Advisor and Chief Regional Representative for Malaysia and SEA, DDCap Limited.
Dato’ Seri Dr. Zabidi was previously the Senior Managing Director and Regional Head, Islamic Treasury, Treasury and Markets, Group Wholesale Banking, CIMB Group. He was responsible for developing the Islamic Treasury franchise for the CIMB Group regionally including United Kingdom, Singapore, Indonesia, Brunei and Thailand since 2006. In total, he has over 38 years of experience in the banking industry including 19 years’ experience in Group Treasury (conventional and Islamic), corporate (deposits, investment, client solutions), interbank, marketing, fixed income and derivatives, product development and structuring.
Dato’ Seri Dr. Zabidi is a member of the Malaysian Institute of Accountants (MIA) and a member of the Institute of Corporate Directors Malaysia (ICDM). He holds an Associate Qualification of Islamic Finance (AQIF) from the Islamic Banking and Finance Institute Malaysia (IBFIM). He is also a Chartered Professional of Islamic Finance (CPIF) and a member of the Chartered Institute of Islamic Finance (CIIF).
Dato’ Seri Dr. Zabidi holds a Doctorate in Business Administration from the Othman Yeop Abdullah Graduate School of Business (OYAGSB), Universiti Utara Malaysia (UUM) and a Bachelor’s in Accounting with Honours from Universiti Teknologi Malaysia (UTM). He recently completed the Oxford Executive Leadership Programme at the Sa’id Business School of Oxford University. He is also certified in Sustainable Finance Leaders by Institute for Sustainable Leadership, University of Cambridge.
TAN SRI MOHD NASIR AHMAD
ENCIK SRIDHARAN NAIR
TAN SRI MOHD NASIR AHMAD
Chairman
Malaysian Accounting Standards Board
Tan Sri Mohd Nasir Ahmad is the Chairman of CIMB Group Holdings Berhad. He has vast experience in the areas of leadership, management, finance and accounting which spans over 40 years. He also currently serves as the Chairman for CIMB Bank Berhad, CIMB Bank PLC (Cambodia), Touch ‘N Go Sdn Bhd and CIMB Foundation. Tan Sri Mohd Nasir is also a director of FIDE FORUM besides being a Trustee of Yayasan Canselor UNITEN and Perdana Leadership Foundation. He is a Past President of the Malaysian Institute of Accountants (MIA).
ENCIK SRIDHARAN NAIR
Vice Chairman – Markets, Asia Pacific
PricewaterhouseCoopers
Encik Sridharan Nair (or Sri as he is widely known) is the Vice Chairman, Markets for PricewaterhouseCoopers (PwC), in Asia Pacific based in Kuala Lumpur, Malaysia. He co-chairs the Asia Pacific Executive Team and is a member of the Asia Pacific Leadership Team. He is also a member of PwC’s Global Inclusion and Diversity Council.
Sri has held various other leadership roles in PwC prior to taking up his current position in July 2020. He was the Territory Senior Partner (TSP) of the Malaysian firm from 2012 and of the combined Malaysia-Vietnam firm from 2015. He was also the Chairman of the Board of the South East Asia Consulting (SEAC) practice and Board member of the ASEANZ Consulting practice.
He is an alumnus of Universiti Malaya and qualified as a Chartered Accountant in the United Kingdom. He has 34 years’ experience in audit and business advisory services, having worked with a wide range of clients across various industry sectors in Malaysia.
During his tenure as TSP, Sri was a regular speaker and moderator at various conferences and forums in Malaysia on topics such as leadership, corporate governance, current economic issues, human capital, and diversity. For his efforts in driving best practices in creating a diverse and inclusive workplace in PwC Malaysia, he was recognised as CEO Champion at the inaugural Life at Work Awards by the government several years ago.
ENCIK JALALULLAIL OTHMAN
DATUK TONG POH KEOW
ENCIK JALALULLAIL OTHMAN
Senior Partner
Shook Lin & Bok
Encik Jal Othman is a partner in the corporate and commercial law practice group at Shook Lin & Bok, one of the oldest and largest law firms in Malaysia. Within Shook Lin & Bok, Encik Jal heads the Islamic Finance practice, a practice he played a pivotal role in establishing. He leads a team of approximately 20 lawyers advising on Islamic finance deals and his portfolio of work includes advising on a wide range of sukuk issuances for various industries, project financing, Islamic structured products and Islamic syndicated financing. Encik Jal is actively involved in driving innovation within the Islamic finance industry, working on product developments for Malaysian and international Islamic banks.
In addition to Islamic finance, Encik Jal's other major areas of practice are corporate commercial law and real estate. His experience in advising on some major cross-border mergers and acquisitions and real estate acquisitions has benefited him in his role as an Islamic finance lawyer. He also co-heads the Regulatory and Compliance Practice Group at Shook Lin & Bok.
Encik Jal was appointed as Independent Director of CIMB Islamic Bank Berhad on 26 January 2018 and is a Member of the Board Risk Committee and the Board Shariah Committee. He holds positions at the International Centre for Education in Islamic Finance (INCEIF) University, which is under the auspices of Bank Negara Malaysia. He has been commissioned by the Securities Commission Malaysia and the Rating Agency of Malaysia for product development and regulatory requirements. He is actively involved in law reform, serving on the Bank Negara Malaysia committee for Islamic Finance Law Reform.
Encik Jal's involvement extends to the technical committees of the Malaysian Accounting Standards Board (MASB) and the Malaysian Institute of Accountants (MIA). He serves as a moderator for the Finance Accreditation Agency (FAA) and as an arbitrator for Islamic Finance at the Kuala Lumpur Regional Centre for Arbitration (KLRCA). Additionally, he is a chapter reviewer and contributor for the International Shariah Research Academy (ISRA).
Encik Jal's journey in his legal career began after completing his Malaysian Bar examinations. He commenced his pupillage at Shook Lin & Bok, where he later became a partner in 2001 and progressed to the role of a senior partner of the Firm in 2004. He graduated from Queen Mary & Westfield College of the University of London.
DATUK TONG POH KEOW
Independent Non-Executive Director
Sunway Berhad
Datuk Tong Poh Keow is the Independent Non-Executive Director of Sunway Berhad effective on 21 September 2020. Datuk Tong began her career as a secretarial assistant with Siva, Heng & Monteiro in 1978 and was promoted to manager of secretarial services and audit in 1980. In 1981, she left the firm and joined Shapadu Holding Sdn. Bhd. as an accountant and company secretary until March 1983.
In November 1983, she joined Highlands & Lowlands Berhad as an accountant and assistant company secretary. In 1985, she joined Kumpulan Guthrie Berhad and held various senior positions within the organisation until her promotion as Chief Financial Officer (CFO) in April 2003. After Sime Darby Berhad's merger was complete in October 2007, Sime Darby Plantation Berhad appointed her as CFO, and she later assumed the position of Group CFO of Sime Darby Berhad in 2008 and has held on to the position for about 9 years. She was then appointed as the Executive Director and Group CFO of Sime Darby Property Berhad in November 2017, after the completion of demerger of Sime Darby Berhad. She retired as Group CFO of Sime Darby Property Berhad on March 2019, and as Executive Director on May 2019, respectively.
Datuk Tong is a Fellow of the Association of Chartered Certified Accountants and a Member of the Association of Chartered Certified Accountants Malaysian Advisory Committee since 1 January 2020, as well as a member of the Malaysian Institute of Accountants. She was a member of the Malaysian Accounting Standards Board from October 2013 to September 2019. She was awarded Best CFO in Malaysia for 2014, 2015 and 2017 by the Institutional Investor Corporate Awards – Alpha Southeast Asia and Best CFO for Investor Relations (Large Cap) for 2013, 2014 and 2017 at the Malaysia Investor Relations Awards.
Datuk Tong graduated from Kolej Tunku Abdul Rahman with a Diploma in Commerce. She also has a qualification from the Institute of the Chartered Secretaries and Administrators, UK.
Members of the FRF Committees are:
Executive Committee
- Dato’ Zainal Abidin Putih
- Dato’ Mohammad Faiz Azmi
- Datuk Muhamad Umar Swift
- Tan Sri Mohd Nasir Ahmad
Audit Committee
- Dato' Seri Dr Mohamad Zabidi Ahmad
- Tan Sri Abu Samah Nordin
- Encik Sridharan Nair
- Encik Jalalullail Othman
Nomination Committee
- Dato’ Mohammad Faiz Azmi
- Encik Aznan Abdul Aziz
- Dato’ Zainal Abidin Putih
- Tan Sri Mohd Nasir Ahmad
- Encik Jalalullail Othman
- Dato’ Mohammad Faiz Azmi
- Encik Aznan Abdul Aziz
- Datuk Muhamad Umar Swift
Quotation Committee
- Tan Sri Mohd Nasir Ahmad
- Encik Jalalullail Othman
- Datuk Tong Poh Keow
