Board of Directors
The Board of Directors is responsible for the formulation of the Company's general policies. There is also a Board Executive Committee comprising three directors who act for the Board between Board Meetings.
Datuk Shaik Abdul Rasheed bin Abdul Ghaffour - Chairman Of The Board
Datuk Shaik Abdul Rasheed bin Abdul Ghaffour, Malaysian, aged 53, was appointed to the Board of Directors on 1 January 2017 as a Non-Executive Director. On 1 July 2017, he was appointed as the Chairman of the Board of Directors and Board Executive Committee. He is also a member of the Board Staff Compensation and Organisation Committee. Datuk Abdul Rasheed is a Board Member of Cagamas Holdings Berhad and Cagamas SRP Berhad.
Datuk Abdul Rasheed is the Deputy Governor of Bank Negara Malaysia (BNM). He is a member of the Monetary Policy Committee, the Management Committee, the Reserve Management Committee and the Risk Management Committee of the Bank. Prior to that, Datuk Abdul Rasheed was Assistant Governor of BNM and was responsible for the Bank’s Monetary and Economics Sector, which also includes the international relations and statistical services functions of the Bank. Datuk Abdul Rasheed was the Alternate Executive Director for Malaysia on the Executive Board of the International Monetary Fund, in Washington DC, between November 2012 to October 2014.
Datuk Abdul Rasheed graduated from University of Malaya with a Bachelor’s degree in Economics (Honours).
Dato' Halipah binti Esa - Non-Executive Director
Dato’ Halipah binti Esa, Malaysian, aged 68, was appointed to the Board of Directors on 27 March 2013 as a Non-Executive Director. She is also the Chairman of the Board Staff Compensation and Organisation Committee.
Dato’ Halipah binti Esa received her Bachelor of Arts (Hons) degree in Economics and a Master of Economics from the University of Malaya. She also holds Certificates in Economic Management from the IMF Institute, Washington and the Kiel Institute for World Economics, Germany as well as a Certificate in Advanced Management Programme from Adam Smith Institute, London.
She started her career with the Administrative and Diplomatic Services in 1973 in the Economic Planning Unit (EPU) of the Prime Minister’s Department. During her tenure in EPU, she served in various capacities in the areas of infrastructure, water supply, energy, health, housing, telecommunications, urban services, human resource development, macro economy, international economy, environment, regional development and distribution. She held various senior positions in the EPU and retired as the Director General in 2006. She had also served in the Ministry of Finance as Deputy Secretary General.
Currently, she serves on the Boards of MISC Berhad, KLCC Property Holdings Berhad, Malaysia Marine and Heavy Engineering Holdings Berhad, S P Setia Berhad and the Securities Industry Dispute Resolution Centre.
She was previously Chairman of Pengurusan Aset Air Berhad and Cagamas SME Berhad and also served on the Boards of Petroliam Nasional Berhad, Employees Provident Fund, Inland Revenue Board, FELDA, UDA Holdings Berhad, NCB Holdings Berhad and Malaysia Deposit Insurance Corporation. She was a consultant to the World Bank and United Nations Development Programme in advising the Royal Kingdom of Saudi Arabia on economic planning, and had also provided technical advice to planning agencies in Vietnam, Cambodia, Indonesia and several African countries.
Dato' Md Agil bin Mohd Natt - Non-Executive Director
Dato’ Md Agil bin Mohd Natt, Malaysian, aged 66, was appointed to the Board of Directors on 12 August 2011 as a Non- Executive Director. He is a member of the Board Executive Committee and the Board Staff Compensation and Organisation Committee.
Dato’ Agil holds a Bachelor of Science in Economics (Hons) degree from Brunel University, United Kingdom and a Master of Science (Finance) degree from the Cass Business School, London. He also attended the Advance Management Program, Harvard Business School in the United States of America.
He started his career as Corporate Finance Manager with Bumiputra Merchant Bankers Berhad in 1977 before serving as Senior General Manager with Island & Peninsular Berhad. He was also the Chief Representative of Kleinwort Benson Limited before joining the Maybank Group in 1995 where he served as Senior General Manager, Corporate Banking, Chief Executive Officer of Aseambankers Berhad (now known as Maybank Investment Bank Berhad), and Deputy President/Executive Director of Maybank. From 2006 until 2011, he was the President and Chief Executive Officer of The International Centre for Education in Islamic Finance (INCEIF), The Global University of Islamic Finance established by Bank Negara Malaysia.
In addition to his current directorship in Cagamas, Dato’ Agil is also an Independent Non- Executive Chairman of the Board of Sumitomo Mitsui Banking Corporation Malaysia Berhad, Manulife Insurance Berhad, Manulife Asset Management Services Berhad and Credit Guarantee Corporation Malaysia Berhad. He is also an independent Non-Executive Director of Export-Import Bank of Malaysia Berhad, Sogo (KL) Sdn. Bhd. and Sogo (KL) Department Store Sdn. Bhd. He also sits on the Board of Trustees of Yayasan Tun Abdul Razak.
Mr Philip Tan Puay Koon - Non-Executive Director
Mr. Philip Tan Puay Koon, Malaysian, aged 60, was appointed to the Board of Directors on 12 August 2011 as a Non- Executive Director. He is a member of the Board Executive Committee and currently Chairman of the Board Risk Committee of the Company.
Mr. Tan holds an Honours degree in Business Studies majoring in Accounting and Finance from North-East London Polytechnic, United Kingdom.
Mr. Tan has close to three decades of experience in the field of banking and finance, principally in the areas of treasury and risk management. He was formerly a Managing Director and Chief Financial Officer of Emerging Market Sales and Trading, Asia-Pacific of Citigroup based in Singapore. He was also the Country Treasurer and Financial Markets Head of Citibank Berhad from 1999 to 2001. Prior to 1995, Mr. Tan spent 14 years with the MUI Group of Companies in various senior management positions in MUI Bank and MUI Finance.
Mr. Tan is a Director of Danajamin Nasional Berhad, Malaysian Electronic Clearing Corporation Sdn. Bhd., MIDF Amanah Investment Bank Berhad, S P Setia Berhad and Citibank Berhad. He also sits on the Board of Qinzhou Development (Malaysia) Consortium Sdn. Bhd. and China-Malaysia Qinzhou Industrial Park (Guangxi) Development Co. Ltd.
He is also a member of the Corporate Debt Restructuring Committee, established by Bank Negara Malaysia.
Datuk Azizan bin Haji Abd Rahman - Non-Executive Director
Datuk Azizan bin Haji Abd Rahman, Malaysian, aged 63, was appointed to the Board of Directors on 1 January 2019 as an Independent Non-Executive Director. He is a member of the Board Risk Committee and serves on the Board of Cagamas SRP Berhad.
Datuk Azizan is the Chairman of Malaysian Rating Corporation Berhad, MIDF Amanah Investment Bank Bhd, Kensington Trust Labuan Ltd. and Kensington Trust Malaysia Berhad. He was the former Director General of Labuan Financial Services Authority (Labuan FSA), where he served for more than six years until his retirement in September 2011.
Datuk Azizan started his career in Bank Negara Malaysia (BNM) in 1979. During his 31 years of service with BNM, Datuk Azizan accumulated a wide spectrum of experience in finance, supervision and examination. Prior to joining Labuan FSA, he was a Director of Banking Supervision at BNM, where his portfolio included the examination and supervision of major domestic and foreign banking institutions operating in Malaysia. He was also a member of the boards and investment committees of several government bodies, including Kumpulan Wang Persaraan (Diperbadankan) and ERF Sdn Bhd, and Advisor to the Malaysian Accounting Standards Board.
Currently, Datuk Azizan serves on various boards including Malaysian Industrial Development Finance Berhad, CTOS Holdings Sdn Bhd, CTOS Data Systems Sdn Bhd, City Credit Investment Bank Ltd, Labuan, MARC Risk Management Solutions Sdn Bhd, MARC Training Sdn Bhd, OCBC Bank Malaysia Berhad and OCBC Al Amin Bank Berhad. He is also a member of a Panel Review Committee at Suruhanjaya Pencegahan Rasuah Malaysia.
Datuk Azizan graduated with a Bachelor in Accounting (Hons) degree from the University of Malaya and holds a Master’s degree in Business Administration from the University of Queensland, Australia. He is a Fellow Member of CPA (Australia) and Chartered Accountant of the Malaysian Institute of Accountants.
Dato’ Wee Yiaw Hin @ Ong Yiaw Hin - Non-Executive Director
Dato’ Wee Yiaw Hin, Malaysian, aged 58, was appointed to the Board of Directors on 1 July 2016 as a Non- Executive Director. He is also a member of the Board Staff Compensation and Organisation Committee.
Dato’ graduated as a Civil Engineer and holds a Masters of Science Degree from Imperial College, U.K. He was attached to Shell for over 21 years in Malaysia and overseas including United Kingdom and South Africa, where his last position was Vice President, Malaysia for Upstream International Asia and Managing Director of Shell Malaysia Exploration and Production Companies.
After a short period as Vice President for Talisman Energy, Malaysia where he spent some time in Canada, Dato’ joined PETRONAS as Executive Vice President and CEO of Upstream Business in May 2010. In PETRONAS, he was a member of the Board of Directors at the Group level and Executive Committee and chaired/sat on the Boards of several companies.
Dato’ is active in the Society of Petroleum Engineers where he served as the Regional Director for North Asia Pacific at the Group level. He actively promotes the development of technology, technical capabilities and young professional of the industry.
Mr Nazrul Hisyam bin Mohd Noh - Non-Executive Director
Mr. Nazrul Hisyam bin Mohd Noh, Malaysian, aged 43, was appointed to the Board of Directors on 1 January 2017 as a Non-Executive Director. He is a member of the Board Risk Committee.
Mr. Nazrul Hisyam Mohd Noh is the Assistant Governor & Chief of Staff of Bank Negara Malaysia (BNM). Prior to this, he served the Bank for almost 20 years in several capacities, most recently as the Director of the International Department and Deputy Director of the Monetary Policy Implementation, Investment Operations & Financial Market Department. He has been deeply involved in overseeing the central bank’s relationship with other regional and international central banks and financial institutions, developing financial market infrastructure related to bond market as well as the Bank’s reserve management, open market and foreign exchange operations. He was previously a member of the Taskforce on ASEAN Banking Integration Framework (ABIF) and a member of the Board of Directors and Investment Committee of the CIMB Agro Ventures between 2011 to 2015.
Mr. Nazrul Hisyam holds a degree of Economics from the University of Cambridge.
Datuk Chung Chee Leong - President/Chief Executive Officer
Datuk Chung Chee Leong, Malaysian, aged 57, was appointed to the Board of Directors on 27 March 2013 as an Executive Director of Cagamas Berhad. He is a member of the Board Executive Committee.
Datuk Chung joined Cagamas Berhad as the Chief Executive Officer on 1 April 2012. He is the Chairman of Cagamas Global P.L.C., Cagamas Global Sukuk Berhad and also sits on the Board of Directors of Cagamas MBS Berhad, Cagamas SRP Berhad and BNM Sukuk Berhad.
Prior to his appointment at Cagamas, Datuk Chung served as Director of Bank Negara Malaysia’s (BNM) Banking Supervision Department as well as Risk Management Department. Datuk Chung has 29 years’ experience in central banking, focusing mainly on the financial system stability and the financial sector. He was involved in the development of the Financial Sector Blue Print, establishment of the deposit insurance scheme and the Malaysian Cooperative Commission.
During his service with BNM, he carried out assignments for the International Monetary Fund and the Islamic Financial Services Board.
He was also a member of the Board of Directors of Credit Guarantee Corporation Berhad and its Board Audit Committee. Datuk Chung also sat on the Small Debt Resolution Committee from 2003 to 2014.
Datuk Chung spearheaded Cagamas’ entrance into the international bond market. Starting with the A3 Sovereign Equivalent International Rating by Moody’s Investors Service, Datuk Chung was instrumental in establishing the Company’s USD5 billion Multicurrency EMTN Programme under which Cagamas’ inaugural and South East Asia largest Offshore Renminbi bond was issued. Under his leadership, Cagamas also concluded the country’s largest Sukuk issuance in 2013 and was accorded many awards including the ‘Islamic Finance Advocacy award’ at the Global Islamic Finance Awards.
He served as the first Chairman of the Asian Secondary Mortgage Market Association in 2015. He is currently a member of the Bond Market Sub-Committee, Financial Market Committee which was established by Bank Negara Malaysia to look into the development of the domestic bond market.
Datuk Chung holds a Bachelor of Economics (Honours) degree majoring in Business Administration from the University of Malaya.