Management team

Board of Directors of HSBC Bank Malaysia Berhad

Datuk Kamaruddin Bin Taib

Independent Non-Executive Chairman

Datuk Kamaruddin Bin Taib was appointed as Independent Non-Executive Chairman of the Bank on 1 April 2022. He was previously appointed as Independent Non-Executive Director on 1 January 2022. He is a member of the Risk Committee of the Bank.

Datuk Kamaruddin holds a Bachelor of Science Degree in Mathematics from the University of Salford, United Kingdom.

Datuk Kamaruddin was the Chairman of DNV Malaysia Sdn Bhd (formerly known as DNV GL Malaysia Sdn Bhd), part of the Global DNV GL Group. He has been with the DNV GL Group since 1995, and was a substantial shareholder until December 2016. He retired as the Executive Chairman in June 2017. He retired from the Board in November 2021.

Datuk Kamaruddin has significant experience in investment banking, corporate finance, mergers and acquisitions. His career started in 1980 with a leading Investment Bank in Malaysia. Subsequently, he served as a Director of several private companies and companies listed on Bursa Malaysia. He has personal experience in listing several companies on Bursa Malaysia. Apart from his vast experience of serving on the board of companies listed on Bursa Malaysia, his experience included serving on the board of companies listed on the Stock Exchange of India as well as listed on Nasdaq.

Datuk Kamaruddin is currently a Director of Great Eastern General Insurance (Malaysia) Berhad, FIDE Forum, Fraser & Neave Holdings Berhad, Malaysia Smelting Corporation Berhad and RAM Holdings Berhad.

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Dato’ Omar Siddiq Bin Amin Noer Rashid

Non-Independent Executive Director and Chief Executive Officer

Omar was appointed as the Non-Independent Executive Director and Chief Executive Officer (CEO) on 31 March 2022.

Omar graduated from the London School of Economics and Political Science with a Bachelor of Science degree in Economics. He is a Fellow member of the Institute of Chartered Accountants in England and Wales and a member of the Malaysian Institute of Accountants. He is also a CFA charterholder.

Prior to his appointment to HSBC Malaysia, Omar was the Deputy CEO, Malaysia and CEO, Group Wholesale Banking at CIMB Group Holdings Berhad. Before that, he has held other senior leadership roles including Group Chief Operating Officer at CIMB Group Holdings Berhad, Head of Group Wholesale Banking at RHB Bank Berhad, Executive Director/Group Chief Financial Officer at Malaysia Airlines Berhad and Executive Director in the Investments Division at Khazanah Nasional Berhad.

Omar is a Non-Independent Executive Director of HSBC Amanah Malaysia Berhad.

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Mukhtar Malik Hussain

Non-Independent Non-Executive Director

Mr Mukhtar was appointed as the Non-Independent Executive Director on 15 December 2009 and subsequently re-designated to Non-Independent Non-Executive Director on 1 August 2021. He is a member of the Audit Committee and Risk Committee of the Bank.

Mr Mukhtar graduated from the University of Wales with a Bachelor of Science in Economics. He first joined the HSBC Group in 1982 as a graduate trainee in Midland Bank International. He was then appointed as Assistant Director in Samuel Montagu in 1991. After more than 10 years of working in the HSBC Group’s London offices, Mr Mukhtar held numerous posts in Dubai, including CEO of HSBC Financial Services (Middle East) Limited from 1995 to 2003. He established the initiative to create the first foreign investment bank in Saudi Arabia for HSBC.

In 2003, Mr Mukhtar assumed the position of CEO, Corporate and Investment Banking. He then headed back to London as the Co-Head of Global Banking in 2006. He was the Global Head of Principal Investments in London from 2006 to 2008. Between 2008 to 2009, he was the Deputy Chairman of HSBC Bank Middle East Limited and Global CEO of HSBC Amanah Malaysia Berhad. He was also the CEO, Global Banking and Markets for Middle East and North Africa before assuming his role as the CEO of the Bank from 2009 to 2018. Mr Mukhtar was HSBC Group General Manager and Head of Belt & Road Initiatives for HSBC Asia Pacific until his retirement on 30 July 2021.

Mr Mukhtar is a Non-Independent Non-Executive Director of HSBC Amanah Malaysia Berhad.

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Tan Kar Leng @ Chen Kar Leng

Independent Non-Executive Director

Ms Chen was appointed as Independent Non-Executive Director of the Bank on 2 April 2014. She is Chairman of the Nominations and Remuneration Committee and a member of the Risk Committee of the Bank.

Ms Chen was a graduate from the University of Singapore (now known as the National University of Singapore) and she was called to the Malaysian Bar in January 1968 and Brunei Bar in May 1996. She became a partner of the law firm of SKRINE, Kuala Lumpur in January 1974 and was the senior partner and Head of its Corporate Division on her retirement as a partner in December 2009. After her retirement, she has been retained as a consultant of the firm.

She is a member of the Board of Trustees of The Tun Dr Lim Chong Eu Foundation. She is also a member of several committees of the Malaysian Bar Council.

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Choo Yoo Kwan @ Choo Yee Kwan

Independent Non-Executive Director

Mr Choo was appointed as Independent Non-Executive Director of the Bank on 11 February 2016. He is Chairman of the Risk Committee and a member of the Audit Committee and Nominations and Remuneration Committee of the Bank.

Mr Choo has honours degrees in economics and law from University of Malaya and University of London respectively, and is a Barrister-at-Law (of Lincoln’s Inn) following his call to the Bar of England and Wales in 1984.

He retired in July 2014 after having served the banking and risk management industry for 38 years. His last position was as Country Chief Risk Officer for OCBC Bank (Malaysia) Berhad (OCBC), having first joined the OCBC Group in December 2007.

Prior to joining OCBC, he was the Chief Risk Officer for Maybank Group and Group Chief Risk Officer for Alliance Bank Malaysia Berhad. During his 14 years career at Maybank Group, he had served as Division Head for Credit Control; International Banking; Corporate Remedial Management; and Group Risk Management. He also served on the Corporate Debt Restructuring Committee set up under Bank Negara Malaysia. Before starting his career with Maybank, he had worked for the National Westminster Bank plc of the United Kingdom in the areas of Global Specialised Industries; and Group Credit Control.

Mr Choo had served on the Education Committee of Asian Institute of Chartered Bankers for 14 years, between 2000 and 2014; and was re-appointed to Education Committee in June 2016. He was appointed as a member of the University Malaya Medical Centre Ethics Committee for 2 years from 2014 to 2015. He is a Chartered Banker and currently serves as a Teaching Facilitator in the Asian Banking School.

He was also appointed as an Independent Director of Danajamin Nasional Berhad since May 2018 and has been a member of Finance Accreditation Agency Accreditation Council since 2019.

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Zuraida Binti Jamaluddin

Independent Non-Executive Director

Puan Zuraida was appointed as Independent Non-Executive Director of the Bank on 1 February 2022. She is a member of the Risk Committee and Nominations and Remuneration Committee of the Bank.

Puan Zuraida holds a Bachelor of Science in Electrical Engineering from George Washington University, Washington D.C., USA.

Puan Zuraida has significant experience in the areas of Business Development, Consulting, Regulatory, Compliance, Stakeholder Engagement, Public Affairs and Corporate Communications. She began her career as a Systems Engineer with Mesiniaga Berhad and held several key positions before heading the Sales Division as its Director of Sales. She is currently the Chief Corporate Officer for Digital Nasional Berhad (DNB), after spending the last 7 years in the telecommunications industry. Prior to DNB, Puan Zuraida served as the Chief Corporate Officer and Chief Regulatory and Societal Development Officer at Celcom Axiata Berhad(CELCOM), until March 2021. She also served as a Board Member of several Celcom subsidiary companies.

Before joining Celcom, she was the Managing Director of Renoir Consulting (Malaysia) where she successfully grew Renoir’s presence and management consultancy business in Malaysia and Brunei across various sectors including Oil& Gas, Utilities, Telecommunications and Transportation & Logistics. Her other experience included being on the Executive Committee of the Malaysian Oil and Gas Services Council (MOGSC) and Ampang Puteri Hospital Planetree Advisory. She is an Alumni of the International Centre for Leadership in Finance (ICLIF) and INSEAD and has also participated in a Digital Transformation program with the IMD Business School.

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Datin Seri Sunita Mei-Lin Rajakumar

Independent Non-Executive Director

Datin Sunita was appointed as Independent Non-Executive Director of the Bank on 29 May 2022. She is Chairman of the Audit Committee and a member of the Nominations and Remuneration Committee of the Bank.

Datin Sunita possesses a Legal degree (LLB (Hons), University of Bristol) and qualified as a Chartered Accountant (England and Wales), which led to a career in investment banking. After 6 years in investment banking, she was invited by the Ministry of Finance Malaysia to manage the first government-owned foreign technology venture capital fund (Encipta Ltd).

Datin Sunita founded Climate Governance Malaysia, is a Fellow of the Institute of Corporate Directors Malaysia, a member of the Global Advisory Board of Nottingham University's School of Business, the Advisory Panel of the UN Global Compact Malaysia’s Sustainability Center of Excellence, supports the CEO Action Network, an industry led initiative to increase sustainability and climate resilience, and promotes gender and generational diversity on boards with the 30% Club.

Datin Sunita is currently the Independent Chairperson of Bursa-listed Dutch Lady Milk Industries Berhad as well as an Independent Director of Bursa-listed Berjaya Corporation Berhad, MCIS Insurance Berhad and Zurich General Insurance Malaysia Berhad. She also serves as trustee of 5 charitable foundations.

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