Board and Governance

YBhg. Dato' Hamzah Bakar, a Malaysian, was appointed an Independent Non-Executive Director on 14 November 2002. He was appointed as Chairman of Valuecap Sdn. Bhd. on 15 June 2011.

YBhg. Dato' Hamzah holds a Bachelor of Science (Hons) degree in Economics from the Queen’s University of Belfast and a Master of Arts degree in Public Policy and Administration, with Development Economics, from the University of Wisconsin, USA.

Currently, he is Chairman of Sapura Energy Berhad.

He served 20 years in various senior management and Board positions in Petroliam Nasional Berhad (“Petronas”), including Senior Vice President for Refining and Marketing, Senior Vice President for Corporate Planning & Development and Main Board Director. Prior to Petronas, he was a Director of the Economic Planning Unit in the Prime Minister’s Department.

Datuk Mohammad Hishammudin Hamdan, a Malaysian, was appointed Non-Executive Director of Valuecap Sdn. Bhd. on 27 May 2011, representing Khazanah Nasional Berhad.

Datuk Hishammudin is currently an Executive Director of Investments at Khazanah. He was formerly with Sime Darby where he served for over six years and assumed several senior positions, covering strategy and business development, healthcare, energy & utilities and special projects.

Datuk Hishammudin also has 12 years of capital markets experience in equity research and investment banking. He started his career as a process engineer in the US. He holds two degrees in Chemical Engineering and Industrial Management from Purdue University, in the US. He has also attended the Harvard Business School's Advanced Management Programme.

Dato' Wan Kamaruzaman, a Malaysian, was appointed as a member of Board of Directors of Valuecap Sdn. Bhd. on 27 May 2013.

Dato' Wan Kamaruzaman was appointed as Kumpulan Wang Persaraan (Incorporated) ("KWAP")'s Chief Executive Officer ("CEO") on 2 May 2013. He previously served as the General Manager, Treasury Department at Employees Provident Fund (EPF) since October 2007. He started his working career with Malayan Banking Berhad since 1981, mostly in the Treasury Department with two overseas postings at Hamburg, Germany as Chief Dealer and London, UK as Treasury Manager. After leaving Maybank, in 1994, Dato' Wan Kamaruzaman served as CEO and Director with several companies within the Affin Group for 11 years until 2005. He then briefly served Kemuncak Facilities Management and Izoma (M) Sdn. Bhd. as Finance Director from 2005 till 2007 before joining EPF. He holds a Bachelor of Economics majoring in Analytical Economic (Hons) from the University of Malaya. In addition, he is also a Board Member of Malakoff Corporation Bhd as well as the Director of Prima Ekuiti (UK) Limited, a subsidiary of KWAP.

Encik Mohamad Idros is presently Vice President of the Office of President and Group Chief Executive of Permodalan Nasional Berhad (PNB). He joined PNB in 1995 and held various positions in Corporate Services and Corporate Finance prior to assuming his current role. Encik Mohamad Idros has extensive experience in corporate strategy and the evaluation of company performance and also assumes the position of Nominee Director of PNB on the Board of Ansell Melaka Group, MIDF Property Berhad and Sime Darby Property Berhad.

Encik Mohamad Idros holds a Bachelor in Business Administration from the International Islamic University Malaysia, a Graduate Diploma in Applied Finance and Investment from the Securities Institute, Australia and a Capital Market Services Representative License.

Datuk Dr. Syed was appointed as an Independent Investment Committee Member of ValueCAP on 10 February 2003 and is a member fellow of The Chartered Institute of Arbitrators, UK.

He graduated with a Bachelor of Arts (Hons) degree from the University of Malaya in 1971 and obtained MBA degree from the University of Massachusetts in 1977 followed by a Ph.D. (BM) from Virginia Polytechnic Institute and State University in 1986.

He started his career in 1973 as Senior Project Officer, School of Financial Management at the National Institute of Public Administration (INTAN) and in November 1988, he joined the Ministry of Education as Secretary of Higher Education and then assumed the position of Deputy Secretary (Foreign and Domestic Borrowing, Debt Management) Federal Treasury. From 1993, he joined the Board of Directors of Asian Development Bank, first as Alternate Executive Director and later as Executive Director prior to joining the Ministry of Finance as Secretary, Tax Analysis Division and later became Deputy Secretary General (Operations). Prior to his retirement, YBhg. Datuk Dr. Syed was Secretary General in the Ministry of Human Resource.

Prior to his retirement in November 2014, Encik Mohd Asri was the Chief Operating Officer (COO) of Bank Muamalat Malaysia with direct oversight of client relationships and revenue generating activities of the Bank. His portfolio responsibilities include Consumer Banking, Corporate and Commercial Banking, Treasury and Capital Markets, Investment Banking and Private Equity. As COO, he served as a member and Deputy Chairman of the Bank’s management committee, executive risk management committee, credit committee, investment committee and Chairman of ALCO. Previously he was the Chief Risk Officer, reporting directly to the Board Risk Management Committee. He also sat on the Board of Muamalat Ventures Sdn Bhd and Muamalat Invest Sdn Bhd, the bank’s subsidiaries involved in Private Equity and Asset Management businesses respectively.

Before joining Bank Muamalat, Encik Mohd Asri was the CEO of Malaysian Rating Corporation, a domestic rating agency. His previous appointments include being the Head of Corporate Planning and Business Development at Amanah-MIDF Berhad, a Malaysian financial services group overseeing the Group’s formulation of strategic plans, business acquisition, joint ventures and strategic alliance; Country Treasurer and Vice President of the then Chase Manhattan Bank Malaysia; General Manager, Treasury and Southern Region of a domestic commercial bank; CEO of a domestic finance company and Treasurer of a merchant bank.

Encik Mohd Asri currently assumes the role of Advisor, Capital Investment Bank Labuan and sits on the Board of a private company involved in the Oil and Gas services sector.

He is an Economics graduate from Macquarie University, Sydney.

Datuk Dr. Syed was appointed as an Independent Investment Committee Member of ValueCAP on 10 February 2003 and is a member fellow of The Chartered Institute of Arbitrators, UK.

He graduated with a Bachelor of Arts (Hons) degree from the University of Malaya in 1971 and obtained MBA degree from the University of Massachusetts in 1977 followed by a Ph.D. (BM) from Virginia Polytechnic Institute and State University in 1986.

He started his career in 1973 as Senior Project Officer, School of Financial Management at the National Institute of Public Administration (INTAN) and in November 1988, he joined the Ministry of Education as Secretary of Higher Education and then assumed the position of Deputy Secretary (Foreign and Domestic Borrowing, Debt Management) Federal Treasury. From 1993, he joined the Board of Directors of Asian Development Bank, first as Alternate Executive Director and later as Executive Director prior to joining the Ministry of Finance as Secretary, Tax Analysis Division and later became Deputy Secretary General (Operations). Prior to his retirement, YBhg. Datuk Dr. Syed was Secretary General in the Ministry of Human Resource.

Datuk Mohammad Hishammudin Hamdan, a Malaysian, was appointed Non-Executive Director of Valuecap Sdn. Bhd. on 27 May 2011, representing Khazanah Nasional Berhad.

Datuk Hishammudin is currently an Executive Director of Investments at Khazanah. He was formerly with Sime Darby where he served for over six years and assumed several senior positions, covering strategy and business development, healthcare, energy & utilities and special projects.

Datuk Hishammudin also has 12 years of capital markets experience in equity research and investment banking. He started his career as a process engineer in the US. He holds two degrees in Chemical Engineering and Industrial Management from Purdue University, in the US. He has also attended the Harvard Business School's Advanced Management Programme.

Dato' Wan Kamaruzaman, a Malaysian, was appointed as a member of Board of Directors of Valuecap Sdn. Bhd. on 27 May 2013.

Dato' Wan Kamaruzaman was appointed as Kumpulan Wang Persaraan (Incorporated) ("KWAP")'s Chief Executive Officer ("CEO") on 2 May 2013. He previously served as the General Manager, Treasury Department at Employees Provident Fund (EPF) since October 2007. He started his working career with Malayan Banking Berhad since 1981, mostly in the Treasury Department with two overseas postings at Hamburg, Germany as Chief Dealer and London, UK as Treasury Manager. After leaving Maybank, in 1994, Dato' Wan Kamaruzaman served as CEO and Director with several companies within the Affin Group for 11 years until 2005. He then briefly served Kemuncak Facilities Management and Izoma (M) Sdn. Bhd. as Finance Director from 2005 till 2007 before joining EPF. He holds a Bachelor of Economics majoring in Analytical Economic (Hons) from the University of Malaya. In addition, he is also a Board Member of Malakoff Corporation Bhd as well as the Director of Prima Ekuiti (UK) Limited, a subsidiary of KWAP.

Datuk Hishammudin also has 12 years of capital markets experience in equity research and investment banking. He started his career as a process engineer in the US. He holds two degrees in Chemical Engineering and Industrial Management from Purdue University, in the US. He has also attended the Harvard Business School's Advanced Management Programme.

Prior to his retirement in November 2014, Encik Mohd Asri was the Chief Operating Officer (COO) of Bank Muamalat Malaysia with direct oversight of client relationships and revenue generating activities of the Bank. His portfolio responsibilities include Consumer Banking, Corporate and Commercial Banking, Treasury and Capital Markets, Investment Banking and Private Equity. As COO, he served as a member and Deputy Chairman of the Bank’s management committee, executive risk management committee, credit committee, investment committee and Chairman of ALCO. Previously he was the Chief Risk Officer, reporting directly to the Board Risk Management Committee. He also sat on the Board of Muamalat Ventures Sdn Bhd and Muamalat Invest Sdn Bhd, the bank’s subsidiaries involved in Private Equity and Asset Management businesses respectively.

Before joining Bank Muamalat, Encik Mohd Asri was the CEO of Malaysian Rating Corporation, a domestic rating agency. His previous appointments include being the Head of Corporate Planning and Business Development at Amanah-MIDF Berhad, a Malaysian financial services group overseeing the Group’s formulation of strategic plans, business acquisition, joint ventures and strategic alliance; Country Treasurer and Vice President of the then Chase Manhattan Bank Malaysia; General Manager, Treasury and Southern Region of a domestic commercial bank; CEO of a domestic finance company and Treasurer of a merchant bank.

Encik Mohd Asri currently assumes the role of Advisor, Capital Investment Bank Labuan and sits on the Board of a private company involved in the Oil and Gas services sector.

He is an Economics graduate from Macquarie University, Sydney.

Dato' Wan Roshdi Wan Musa was appointed as a member of the Investment Committee on 1 January 2017.

Dato' Wan Roshdi started his career at PNB in 1985 in the Corporate Finance and Corporate Services Department, consequently rising to the position of Head of Department. In 2003, he was transferred to the Investment Division of PNB before becoming the Head of Investment of PNB in 2004. He was responsible for the management and delivery of outcome of unit trusts funds managed by PNB, including its proprietary funds. His duties incorporated the formulation, recommendation and oversight of investment strategies, supervision and administration of equity assessment and evaluation, market operations for both equity and fixed income, as well as the management of portfolios. He moved to head the Risk Management and Performance & Portfolio Assessment Division of PNB in late 2014, prior to his retirement in mid-2016. During his time at PNB, he served on the Board of Directors for several companies.

Dato' Wan Roshdi is currently a Board Member of Malaysian Industrial Development Finance Berhad ("MIDF"), Perusahaan Otomobil Kedua Sdn. Bhd and Perodua Sales Sdn. Bhd.

Dato' Wan Roshdi holds a Master's Degree in Business Administration, a Bachelor of Science in Finance from Northern Illinois University, and a Diploma in Accountancy from MARA Institute of Technology. He was a holder of the Capital Markets Services Representative Licence and is also a qualified Certified Financial Planner (CFP).

YBhg. Dato' Hamzah Bakar, a Malaysian, was appointed an Independent Non-Executive Director on 14 November 2002. He was appointed as Chairman of Valuecap Sdn. Bhd. on 15 June 2011.

YBhg. Dato' Hamzah holds a Bachelor of Science (Hons) degree in Economics from the Queen’s University of Belfast and a Master of Arts degree in Public Policy and Administration, with Development Economics, from the University of Wisconsin, USA.

Currently, he is Chairman of Sapura Energy Berhad.

He served 20 years in various senior management and Board positions in Petroliam Nasional Berhad (“Petronas”), including Senior Vice President for Refining and Marketing, Senior Vice President for Corporate Planning & Development and Main Board Director. Prior to Petronas, he was a Director of the Economic Planning Unit in the Prime Minister’s Department.

Dato' Wan Kamaruzaman, a Malaysian, was appointed as a member of Board of Directors of Valuecap Sdn. Bhd. on 27 May 2013.

Dato' Wan Kamaruzaman was appointed as Kumpulan Wang Persaraan (Incorporated) ("KWAP")'s Chief Executive Officer ("CEO") on 2 May 2013. He previously served as the General Manager, Treasury Department at Employees Provident Fund (EPF) since October 2007. He started his working career with Malayan Banking Berhad since 1981, mostly in the Treasury Department with two overseas postings at Hamburg, Germany as Chief Dealer and London, UK as Treasury Manager. After leaving Maybank, in 1994, Dato’ Wan Kamaruzaman served as CEO and Director with several companies within the Affin Group for 11 years until 2005. He then briefly served Kemuncak Facilities Management and Izoma (M) Sdn. Bhd. as Finance Director from 2005 till 2007 before joining EPF. He holds a Bachelor of Economics majoring in Analytical Economic (Hons) from the University of Malaya. In addition, he is also a Board Member of Malakoff Corporation Bhd as well as the Director of Prima Ekuiti (UK) Limited, a subsidiary of KWAP.

Datuk Dr. Syed was appointed as an Independent Investment Committee Member of ValueCAP on 10 February 2003 and is a member fellow of The Chartered Institute of Arbitrators, UK.

He graduated with a Bachelor of Arts (Hons) degree from the University of Malaya in 1971 and obtained MBA degree from the University of Massachusetts in 1977 followed by a Ph.D. (BM) from Virginia Polytechnic Institute and State University in 1986.

He started his career in 1973 as Senior Project Officer, School of Financial Management at the National Institute of Public Administration (INTAN) and in November 1988, he joined the Ministry of Education as Secretary of Higher Education and then assumed the position of Deputy Secretary (Foreign and Domestic Borrowing, Debt Management) Federal Treasury. From 1993, he joined the Board of Directors of Asian Development Bank, first as Alternate Executive Director and later as Executive Director prior to joining the Ministry of Finance as Secretary, Tax Analysis Division and later became Deputy Secretary General (Operations). Prior to his retirement, YBhg. Datuk Dr. Syed was Secretary General in the Ministry of Human Resource.

Datuk Mohammad Hishammudin Hamdan, a Malaysian, was appointed Non-Executive Director of Valuecap Sdn. Bhd. on 27 May 2011, representing Khazanah Nasional Berhad.

Datuk Hishammudin is currently an Executive Director of Investments at Khazanah. He was formerly with Sime Darby where he served for over six years and assumed several senior positions, covering strategy and business development, healthcare, energy & utilities and special projects.

Datuk Hishammudin also has 12 years of capital markets experience in equity research and investment banking. He started his career as a process engineer in the US. He holds two degrees in Chemical Engineering and Industrial Management from Purdue University, in the US. He has also attended the Harvard Business School's Advanced Management Programme.

Encik Mohamad Idros is presently Vice President of the Office of President and Group Chief Executive of Permodalan Nasional Berhad (PNB). He joined PNB in 1995 and held various positions in Corporate Services and Corporate Finance prior to assuming his current role. Encik Mohamad Idros has extensive experience in corporate strategy and the evaluation of company performance and also assumes the position of Nominee Director of PNB on the Board of Ansell Melaka Group, MIDF Property Berhad and Sime Darby Property Berhad.

Encik Mohamad Idros holds a Bachelor in Business Administration from the International Islamic University Malaysia, a Graduate Diploma in Applied Finance and Investment from the Securities Institute, Australia and a Capital Market Services Representative License.

Prior to his retirement in November 2014, Encik Mohd Asri was the Chief Operating Officer (COO) of Bank Muamalat Malaysia with direct oversight of client relationships and revenue generating activities of the Bank. His portfolio responsibilities include Consumer Banking, Corporate and Commercial Banking, Treasury and Capital Markets, Investment Banking and Private Equity. As COO, he served as a member and Deputy Chairman of the Bank’s management committee, executive risk management committee, credit committee, investment committee and Chairman of ALCO. Previously he was the Chief Risk Officer, reporting directly to the Board Risk Management Committee. He also sat on the Board of Muamalat Ventures Sdn Bhd and Muamalat Invest Sdn Bhd, the bank’s subsidiaries involved in Private Equity and Asset Management businesses respectively.

Before joining Bank Muamalat, Encik Mohd Asri was the CEO of Malaysian Rating Corporation, a domestic rating agency. His previous appointments include being the Head of Corporate Planning and Business Development at Amanah-MIDF Berhad, a Malaysian financial services group overseeing the Group’s formulation of strategic plans, business acquisition, joint ventures and strategic alliance; Country Treasurer and Vice President of the then Chase Manhattan Bank Malaysia; General Manager, Treasury and Southern Region of a domestic commercial bank; CEO of a domestic finance company and Treasurer of a merchant bank.

Encik Mohd Asri currently assumes the role of Advisor, Capital Investment Bank Labuan and sits on the Board of a private company involved in the Oil and Gas services sector.

He is an Economics graduate from Macquarie University, Sydney.

Encik Mohamad Idros is presently Vice President of the Office of President and Group Chief Executive of Permodalan Nasional Berhad (PNB). He joined PNB in 1995 and held various positions in Corporate Services and Corporate Finance prior to assuming his current role. Encik Mohamad Idros has extensive experience in corporate strategy and the evaluation of company performance and also assumes the position of Nominee Director of PNB on the Board of Ansell Melaka Group, MIDF Property Berhad and Sime Darby Property Berhad.

Encik Mohamad Idros holds a Bachelor in Business Administration from the International Islamic University Malaysia, a Graduate Diploma in Applied Finance and Investment from the Securities Institute, Australia and a Capital Market Services Representative License.