Kenanga Investment Bank Berhad

Get introduced to the leadership team and learn more about their experience and the expertise they bring to ensure we continue to stay in the forefront.

Board of Directors

Y.A.M. Tan Sri Dato’ Seri Syed Zainol Anwar Ibni Syed Putra Jamalullail

Malaysian, age 72, Male

Chairman of the Board
Independent Non-Executive Director

Y.A.M. Tan Sri Dato’ Seri Syed Zainol Anwar Ibni Syed Putra Jamalullail

Malaysian, age 72, Male

Chairman of the Board
Independent Non-Executive Director

Y.A.M. Tan Sri Dato’ Seri Syed Zainol Anwar Ibni Syed Putra Jamalullail (“Y.A.M. Tan Sri”) was appointed as the Chairman of the Board of Directors of Kenanga Investment Bank Berhad (“KIBB”) on 1 July 2020.

Y.A.M. Tan Sri graduated with a Bachelor of Arts in Accounting from Macquarie University, Sydney, Australia, having qualified in 1975. He is also a Chartered Accountant, a member of the Certified Practising Accountant (Australia) and the Malaysian Institute of Accountant. In December 2019, Y.A.M. Tan Sri was admitted into the Court of Emeritus Fellows of Malaysian Institute of Management.

Y.A.M. Tan Sri commenced his career with Malaysian Airlines Systems Berhad in 1975 as a Financial Accountant, before moving on to hold senior positions in various companies.

His last executive position was as the Group Managing Director of Amanah Capital Partners Berhad. Y.A.M. Tan Sri was the former Chairman of Nestle (Malaysia) Berhad, Chairman of its Nomination and Compensation Committee and a Member of its Audit Committee until his retirement on 30 April 2024. Y.A.M. Tan Sri was also the former Chairman of Cahya Mata Sarawak Berhad, Lembaga Tabung Haji’s Investment Panel, Malaysia Airports Holdings Berhad, Malakoff Corporation Berhad, Pulau Indah Ventures Sdn Bhd, Media Prima Berhad, Malaysian Resources Corporation Berhad, DRB-Hicom Berhad, EON Bank Berhad, Uni Asia Life Assurance Berhad and Uni Asia General Insurance Berhad. He was also the former Executive Chairman of Realmild (M) Sdn Bhd and Radicare (M) Sdn Bhd. Y.A.M. Tan Sri also served as an Independent Director of Maxis Communications Berhad and Bangkok Bank Berhad.

Currently, Y.A.M. Tan Sri is the Chairman of S P Setia Berhad and Chairman of its Nomination and Remuneration Committee, as well as the Chairman of Lembaga Zakat Selangor and the Chancellor of SEGi University.

He has no family relationship with any Director and/or major shareholder of KIBB and also has no conflict of interest with KIBB. He has never been charged for any offence within the past five (5) years nor has he had any public sanction and/ or penalty imposed on him by any relevant regulatory bodies during the Financial Year Ended 31 December 2023.

Ismail Harith Merican

Malaysian, age 74, Male

Non-Independent Non-Executive Director
Member of Group Governance, Nomination & Compensation Committee

Luk Wai Hong, William

Hong Kong, age 60, Male

Non-Independent Non-Executive Director
Member of Group Board Risk Committee (Ceased to be Chairman with effect from 1 November 2022)
Member of Group Board Digital Innovation & Technology Committee

Luk Wai Hong, William

Hong Kong, age 60, Male

Non-Independent Non-Executive Director
Member of Group Board Risk Committee (Ceased to be Chairman with effect from 1 November 2022)
Member of Group Board Digital Innovation & Technology Committee

Luk Wai Hong, William (“Luk”) was appointed to the Board of Directors of Kenanga Investment Bank Berhad (“KIBB”) as an Independent Non-Executive Director on 1 November 2013. He was subsequently re-designated as a Non-Independent Non-Executive Director of KIBB on 1 November 2022.

He holds a Bachelor of Arts (Honours) from Concordia University, Montreal, Canada, a Masters of Urban Planning from the University of Michigan, USA and an Executive Fellowship awarded by the State of Washington.

Luk is currently the Director of Investment of Cotton Tree Capital Ltd, of which he is the co-owner, with offices in Hong Kong and Singapore. He has more than twenty (20) years of experience in various capacities in the financial services industry, out of which eleven (11) years were spent in Deutsche Bank AG, Hong Kong and Singapore.

He began his career in 1989 as an Executive Fellow and Transportation Finance Specialist in the Office of Financial Management in the State of Washington. He later joined Lehman Brothers, Hong Kong as a Fixed Income and Credit Trader in 1993. After three (3) years, he joined HSBC Markets, Hong Kong for a year, before joining Deutsche Bank AG in 1997 as a Senior Associate Director and Senior Credit and Derivatives Trader. He then became Deutsche Bank AG’s Director and Head of Structured Credit Trading and Principal Finance Asia, a post he held until 2004.

In 2004 and 2008, Luk was appointed as Deutsche Bank AG’s Managing Director and Co-Head of Global Credit Trading and Principal Finance Asia, as well as Managing Director and Co-Head of Saba Proprietary Trading Group Asia, respectively. In 2008, he joined Pacific Advantage Capital, Hong Kong and Singapore, as its Principal and Portfolio Manager focusing on credits and special situations, before taking up the position of Director of Investment of Cotton Tree Capital Ltd in 2011.

Jeremy Nasrulhaq

Malaysian, age 71, Male

Senior Independent Non-Executive Director
Chairman of Audit Committee
Member of Group Governance, Nomination & Compensation Committee
Member of Employees’ Share Scheme Committee
Member of Group Board Digital Innovation & Technology Committee

Jeremy Nasrulhaq

Malaysian, age 71, Male

Senior Independent Non-Executive Director
Chairman of Audit Committee
Member of Group Governance, Nomination & Compensation Committee
Member of Employees’ Share Scheme Committee
Member of Group Board Digital Innovation & Technology Committee

Jeremy Nasrulhaq (“Jeremy”) was appointed to the Board of Kenanga Investment Bank Berhad (“KIBB”) as an Independent Non-Executive Director on 1 June 2017.

He is a Fellow Member of the Chartered Institute of Management Accountants (“CIMA”), United Kingdom and a registered Chartered Accountant of the Malaysian Institute of Accountants (“MIA”), as well as a Chartered Audit Committee Director of the Institute of Internal Auditors Malaysia. He also holds a Bachelor of Science Degree (with Distinction) in Agribusiness Science from Universiti Putra Malaysia.

Over the span of nearly three (3) decades, Jeremy had held several senior financial and supply chain positions in Unilever (M) Holdings Sdn Bhd, P.T. Unilever Indonesia and Unilever Asia (S) Pte Ltd. He was the Regional Finance Manager for Unilever Asia Retail Foods, then Commercial Director for Unilever (M) Holdings Sdn Bhd. Subsequently, he was the Supply Chain Director for Unilever Malaysia and Singapore.

Besides Unilever, he had served as Committee Member on a few national organisations such as the Malaysian International Chamber of Commerce and Industry and the Federation of Malaysian Manufacturers.

Jeremy also served as an Independent Non-Executive Director of Malaysia Airports Holdings Berhad (“MAHB”) from 15 August 2007 to 1 November 2016. During his tenure in MAHB, he was appointed as the Senior Independent Non-Executive Director, Chairman of the Board Nomination & Remuneration Committee, as well as a member of the Board Audit Committee and the Board Finance & Investment Committee. He was also the Chairman of Malaysia Airports (Niaga) Sdn Bhd, Urusan Teknologi Wawasan Sdn Bhd and the Whistleblowing Independent Committee.
He is currently a Director of Sweetyet Development Sdn Bhd, a company with its head office in Hong Kong, representing the company and its brands in the modern and general retail industry in Malaysia.

Jeremy was the Deputy President of CIMA, Malaysia Division for several years. Further to the expiry of his term on 30 June 2020, he was re-appointed to serve on the council of the MIA for another term of two (2) years from 1 July 2020 till 30 June 2022. Currently, he is the Chairman of the MIA-Malaysian Qualifications Agency Joint Technical Committee and Disciplinary Committee of MIA. In addition, he also serves as a member of the Digital Technology Implementation Committee, as well as its Nomination Committee.

He has no family relationship with any Director and/ or major shareholder of KIBB and also has no conflict of interest with KIBB. He has never been charged for any offence within the past five (5) years nor has he had any public sanction and/ or penalty imposed on him by any relevant regulatory bodies during the Financial Year Ended 31 December 2020.

Jeremy is currently holding 187,900 shares in KIBB.

Norazian Binti Ahmad Tajuddin

Malaysian, age 64, Female

Independent Non-Executive Director
Chairman of Group Board Risk Committee (Appointed on 1 November 2022)
Member of Group Governance, Nomination & Compensation Committee (Ceased to be Chairman with effect from 1 November 2022)
Member of Audit Committee (Appointed on 1 November 2022)
Member of Employees’ Share Scheme Committee (Ceased to be Chairman with effect from 1 November 2022)

Norazian Binti Ahmad Tajuddin

Malaysian, age 64, Female

Independent Non-Executive Director
Chairman of Group Board Risk Committee (Appointed on 1 November 2022)
Member of Group Governance, Nomination & Compensation Committee (Ceased to be Chairman with effect from 1 November 2022)
Member of Audit Committee (Appointed on 1 November 2022)
Member of Employees’ Share Scheme Committee (Ceased to be Chairman with effect from 1 November 2022)

Norazian Binti Ahmad Tajuddin (“Norazian”) was appointed to the Board of Kenanga Investment Bank Berhad (“KIBB”) as an Independent Non-Executive Director (“INED”) on 15 December 2017.

On 1 March 2019, she was appointed as an INED of Kenanga Investors Berhad (“KIB”), a subsidiary of KIBB and subsequently as the Chairman of KIB Board on 3 March 2022. She has been a member of the Audit & Risk Committee and Investment Committee of KIB since 1 March 2019 and previously served as the Chairman of Investment Committee of KIB from 12 April 2021 until 3 March 2022.

Additionally, she is also an INED of Kenanga Islamic Investors Berhad and I-VCAP Management Sdn Bhd, both wholly-owned subsidiaries of KIB.

She holds a Bachelor of Science (Honours) in Mathematics from the University of Leeds, United Kingdom and a Master of Business Administration (Finance) from the Edith Cowan University, Australia.

Norazian has more than twenty-five (25) years of experience in banking, the last fifteen (15) years being in senior management, covering areas such as Treasury operations, business and banking operations, risk management and support services. She has strong and varied experience in dealing with foreign exchange, international banking, investments, sales, customer and corporate relations, information technology, as well as asset and liability management.

She began her career at the Treasury Department in Bank Bumiputra (M) Berhad as a Senior Dealer before moving on to hold various senior positions at EON Bank Group, KAF Discount Berhad and Daimler Chrysler (M) Sdn Bhd.

Subsequently, she joined Bank Simpanan Nasional Berhad (“BSN”) in 2005 as Director in Chief Executive Officer (“CEO”)’s office and was promoted to Deputy CEO (“DCEO”) during its re-organisation and continued to serve as its DCEO until she retired in 2010. During her tenure in BSN, she played a leading role in the transformation of BSN into a sustainable and profitable development bank.

From June 2008 to March 2010, she served as a Non-Independent Non-Executive Director of Prudential BSN Takaful Bhd and was appointed as a member of its Risk Management Committee and Nomination & Remuneration Committee.

On 1 August 2018, Norazian was appointed as the Chairman of Pacific & Orient Insurance Co. Berhad (“POI”), which is a subsidiary of Pacific & Orient Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad. She served as an INED of POI since her appointment on 1 April 2015 until 29 April 2022. At POI, she also served as a member of its Nomination Committee, Remuneration Committee, as well as its Audit Committee and Risk Management Committee.

She has no family relationship with any Director and/or major shareholder of KIBB. She also has no conflict of interest with KIBB. She has never been charged for any offence within the past five (5) years nor has she had any public sanction and/ or penalty imposed on her by any relevant regulatory bodies during the Financial Year Ended 31 December 2021.

Norazian is currently holding 10,000 shares in KIBB.

Kanagaraj Lorenz

Malaysian, age 67, Male

Independent Non-Executive Director
Chairman of Group Board Digital Innovation & Technology Committee
Member of Audit Committee
Member of Group Board Risk Committee

Kanagaraj Lorenz

Malaysian, age 67, Male

Independent Non-Executive Director
Chairman of Group Board Digital Innovation & Technology Committee
Member of Audit Committee
Member of Group Board Risk Committee

Kanagaraj Lorenz (“Raj”) was appointed to the Board of Directors of Kenanga Investment Bank Berhad (“KIBB”) as an Independent Non-Executive Director on 26 December 2017.

He is a fellow of the Institute of Chartered Accountants in England and Wales and a member of the Malaysian Institute of Certified Public Accountants.

Raj has over thirty (30) years’ experience in the banking and electronic payments industries. He held the position of Group Chief Executive Officer of GHL Systems Berhad (“GHL”) since his appointment in September 2011 till the end of 2016. He retired from GHL as an Executive Director in May 2017. Currently, he is actively involved with the Fintech Association of Malaysia and various Fintech companies.

Prior to GHL, Raj worked for Citibank for fourteen (14) years in Malaysia and Australia in various positions in Investment and Corporate Banking covering treasury risk management, Chief Financial Officer, and finally, as Head of Marketing of a Corporate Bank unit.

Raj left Citibank in 2000 to create an internet payment start-up for DBS Bank Ltd. in Singapore. It was the first real-time Direct Debit gateway of its kind in ASEAN. This company was eventually purchased two (2) years later by NETS Pte Ltd (“NETS”), a large payments company in Singapore that is jointly owned by the Singapore banks and rebranded as “eNETS”. He built “eNETS”, the internet payment arm of NETS from inception into the leading online payment gateway in Singapore.

He also spearheaded NETS’ investment into China with a joint venture partner and interconnected China UnionPay (“CUP”) with NETS such that CUP cards could be accepted in Singapore for the very first time outside of China, Hong Kong and Macau.

Raj is currently holding 212,300 shares in KIBB.

Choy Khai Choon

Malaysian, age 67, Male

Non-Independent Non-Executive Director
Member of the Group Board Risk Committee (Appointed on 26 January 2022)
Member of the Group Board Digital Innovation & Technology Committee (Appointed on 26 January 2022)
Member of the Group Governance, Nomination & Compensation Committee (Appointed on 1 June 2022)

Choy Khai Choon

Malaysian, age 67, Male

Non-Independent Non-Executive Director
Member of the Group Board Risk Committee (Appointed on 26 January 2022)
Member of the Group Board Digital Innovation & Technology Committee (Appointed on 26 January 2022)
Member of the Group Governance, Nomination & Compensation Committee (Appointed on 1 June 2022)

Mr. Choy Khai Choon (“Mr. Choy”) was appointed as a Non-Independent Non-Executive Director of Kenanga Investment Bank Berhad (“KIBB”) on 13 December 2021.

He holds a Master in Business Administration from Oklahoma City University, USA and Bachelor of Commerce from the University of New South Wales, Australia. He also attended the General Management Programme at INSEAD, France and is a Fellow Member of the Certified Practising Accountants, Australia and a Member of the Malaysian Institute of Accountants.

Mr. Choy is currently a Non-Independent Non-Executive Chairman of Zurich Life Insurance Malaysia Berhad and a Non-Independent Non-Executive Chairman of Zurich General Insurance Malaysia Berhad where he serves as a member of the Audit Committee, Board Investment Committee, Risk Management and Sustainability Committee, and Nomination and Remuneration Committee of both companies.

Mr. Choy also currently serves as an Independent Non-Executive Director (“INED”) of Hap Seng Plantations Holdings Berhad (“HSP”) and is appointed as a member of the Audit Committee of HSP, as well as an INED of MSM Malaysia Holdings Berhad (“MSM”) and the Chairman of MSM’s Audit, Governance and Risk Committee and a member of its Investment and Tender Committee.

In addition, he is also a Board member of Asian Banking School Sdn Bhd and Bond and Sukuk Information Platform Sdn Bhd, a non-profit information platform established to provide free public access to information on bonds and sukuk issued in Malaysia, as well as an Authority Member and Chairman of the Audit Risk Management Committee of the Labuan Financial Services Authority.

He previously served as the Senior INED of Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) until his retirement on 21 April 2022. At MHB, he had assumed the position as Chairman of the Board Audit Committee and a Member of the Nomination & Remuneration Committee. He was also formerly a Public Interest Director of Federation of Investment Managers Malaysia (“FIMM”) where he also served as the FIMM’s Chairman of the Nomination and Remuneration Committee and Chairman of the Private Retirement Scheme Sub-Committee until the completion of his term on 12 June 2022.

Mr. Choy has extensive experience in the financial sector and had served as the President/ Chief Executive Officer of Cagamas Berhad for six (6) years before retiring in March 2012.

Prior to that, he was the Senior General Manager, Head of Group Business Engineering of RHB Banking Group and held various senior positions in Aviva Insurance Group and Credit Corporation Malaysia Berhad.

Mr. Choy is a Board representative of Cahya Mata Sarawak Berhad, a major shareholder of KIBB. He has no family relationship with any Director and/or major shareholder of KIBB and has no conflict of interest with KIBB. He has never been charged for any offence within the past five (5) years nor has he had any public sanction and/ or penalty imposed on him by any relevant regulatory bodies during the Financial Year Ended 31 December 2021.

Chin Siew Siew

Malaysian, age 60, Female

Independent Non-Executive Director
Chairman of Group Governance, Nomination & Compensation Committee (Appointed on 1 November 2022)
Chairman of Employee’s Share Scheme Committee (Appointed on 1 November 2022)
Member of the Group Board Digital Innovation & Technology Committee (Appointed on 1 July 2022)

Chin Siew Siew

Malaysian, age 60, Female

Independent Non-Executive Director
Chairman of Group Governance, Nomination & Compensation Committee (Appointed on 1 November 2022)
Chairman of Employee’s Share Scheme Committee (Appointed on 1 November 2022)
Member of the Group Board Digital Innovation & Technology Committee (Appointed on 1 July 2022)

Madam Chin Siew Siew (“Mdm. Chin”) was appointed as an Independent Non-Executive Director (“INED”) of Kenanga Investment Bank Berhad (“KIBB”) on 1 June 2022.

She holds a Bachelor of Science in Computer Science from University of Arkansas, USA.

Mdm. Chin is also an INED of AIG Malaysia Insurance Berhad, as well as Southern Steel Berhad (“SSB”) and a member of SSB’s Nomination Committee and also Remuneration Committee.

She is an IT veteran with more than thirty (30) years of experience. She started her career in programming and progressed to leadership roles in two (2) multi-national corporations.

Her last twenty-three (23) years working experiences were with IBM where she served as the country Chief Digital Officer for five (5) years and as the ASEAN Services Leader for IBM Multivendor Business until her retirement in 2018.

At IBM Malaysia, her accomplishments included transforming businesses for Small and Medium-sized Enterprises (“SMEs”) and leveraging on digital technologies for business growth. In support of the SMEs, she led in the building of a Centre of Digital Excellence at IBM Malaysia as the hub and relevant connections to start ups, investment partners, technology partners, as well as government stake-holders in the country.

Her experience and exposure extended beyond Malaysia to the ASEAN countries where she held several leadership roles in the Global Technology Services group, driving the execution of IBM’s strategic initiatives across the region. Some of the areas she championed included simplifying IBM’s global resources on-boarding processes, as well as increasing the efficiency across ASEAN volume deals.

Angeline-Ong Su Ming

Malaysian, age 51, Female