Home / About Us / Corporate Profile / Board of Directors
Corporate Profile
 Board of Directors
Datuk Wan Azhar Bin Wan Ahmad
Datuk Wan Azhar bin Wan Ahmad
(Chairman, Independent Non-Executive Director)
Aged 57, a Malaysian, was appointed to the Board of AIS on 18 November 2015.

Datuk Wan Azhar holds a Master in Business Administration (International Business) from National University of San Diego, USA and a Bachelor in Business Administration (Finance) from the University of Pacific, Stockton, USA.

Datuk Wan Azhar was the Chief Executive Officer of Credit Guarantee Corporation Malaysia Berhad (CGC) from 1997 until his retirement on 31 December 2014. He was recruited and appointed as a Manager in CGC by Bank Negara Malaysia in 1993. In 1995, he was promoted to Assistant General Manager, Chief Executive Officer in 1997, and appointed to the Board of Directors as Managing Director in 2000. One of the key highlights of his career was the transformation of CGC from a traditional credit guarantee provider into a market-driven and financially sustainable SME-support institution. He was also instrumental in the set-up of Credit Bureau Malaysia where he was the Chairman for six years from 2008 to 2014.

Datuk Wan Azhar is currently the Chairman of the Small Debt Restructuring Committee at Bank Negara Malaysia.

Datuk Wan Azhar also serves on the Boards of Alliance Bank Malaysia Berhad, Bina Darulaman Berhad, Bank Pembangunan Malaysia Berhad and Board of Trustee of NAMA Foundation. He is also Chairman of BI Credit & Leasing Berhad, Pembangunan Leasing Corporation Sdn Bhd, PLC Credit & Factoring Sdn Bhd and SME Acceleration Growth Fund Sdn Bhd.
Back to Top
Tuan Haji Md Ali bin Md Sarif
Md Ali bin Md Sarif
(Independent Non-Executive Director)
Aged 62, a Malaysian, was appointed to the Board of AIS on 23 March 2011.

Tuan Haji Md Ali holds a Bachelor of Economics degree from University of Malaya and a Master of Business Administration degree in Finance from Universiti Kebangsaan Malaysia (UKM). He also holds a Diploma in Islamic Studies and a Post-Graduate Diploma in Islamic Law from UKM.

Tuan Haji Md Ali was with Maybank Group from 1976, holding various senior positions until his retirement in 2008 as Head of Planning, Maybank Islamic Berhad. He has extensive experience in the areas of Islamic banking, corporate planning, asset and liability management as well as banking operations.

Tuan Haji Md Ali was a Distinguished Academic Fellow of the Institute of Islamic Banking and Finance (IIBF) at International Islamic University Malaysia from 2008 to 2014.
Back to Top
Dato Majid
Dato' Majid bin Mohamad
(Independent Non-Executive Director)
Aged 62, a Malaysian, was appointed to the Board of AIS on 6 September 2013.

Dato' Majid holds a Bachelor of Arts (Honours) degree from University of Malaya and a Master of Business Administration degree from Manchester Business School, England. He also attended senior management programmes at Harvard Business School, United States and INSEAD, France.

Dato' Majid has extensive experience in the setting up, regulatory planning and rehabilitation of finance and insurance institutions. He started his banking career in Bank Negara Malaysia in 1977 and held various supervisory roles across key departments, from audit to economics, and bank and insurance regulation. He was Chief Executive Officer (CEO) of several life and general insurance companies in Malaysia including Pacific and Orient Insurance Berhad, Malaysia National Insurance Berhad, The People's Insurance Co. (Malaysia) Berhad and Talasco Insurance Berhad. In 2001, he facilitated the successful merger of Talasco Insurance Berhad and The People's Insurance Co. (Malaysia) Berhad. He retired as CEO and president of Labuan Reinsurance (L) Ltd at the end of 2010.

Dato' Majid is currently the Managing Advisor of MBM Advisors (L) Ltd, a consultancy outfit based in Labuan International Business and Financial Centre, and Technical Advisor to the Labuan International Insurance association and The Lloyd's of London. He also serves in the Investment Committee of Universiti Malaysia Pahang.

Dato' Majid's directorships in other companies are in AIBB, AIA Public Takaful Berhad and Pasdec Resources (South Africa) Ltd.
Back to Top
Tuan Haji Ibrahim bin Hassan
Tuan Haji Ibrahim bin Hassan
(Independent Non-Executive Director)
Aged 60, a Malaysian, was appointed to the Board of AIS on 1 September 2016.

Tuan Haji Ibrahim holds a Bachelor of Economics (Honours) degree from University of Malaya.

Tuan Haji Ibrahim has over 30 years of banking experience and was the Managing Director/Chief Executive Officer of RHB Islamic Bank Berhad from 2 September 2013 to 1 August 2016.

He began his illustrious career in the banking industry in the dealing rooms of three Maybank international offices in Hong Kong, New York and London where he worked for more than 10 years. Upon returning to Malaysia, he was instrumental in strengthening the treasury operations of Maybank Group. He was subsequently appointed as the CEO of Mayban Discount from 1996-1998 and later became the head of the market risk division where he developed the market risk management policies and model for the Maybank Group.

He was promoted as the head of international banking in 2001 to oversee the operations of Maybank international branches and subsidiaries in 14 countries. In 2007, Tuan Haji Ibrahim was reassigned to lead a team to de-merge the operations of Maybank Islamic window operations into a separate full-fledged Islamic banking subsidiary of Maybank Group. He was appointed as CEO of Maybank Islamic when it began operations in January 2008. He was the president director of Maybank Syariah Indonesia, previously known as Maybank Indocorp, which commenced operations in October 2010.

Tuan Haji Ibrahim also serves on Board of Bank Pertanian Malaysia Berhad.
Back to Top
TEncik Shaharuddin bin Zainuddin
Encik Shaharuddin bin Zainuddin
(Independent Non-Executive Director)
Aged 47, a Malaysian, was appointed to the Board of AIS on 1 September 2016.

Encik Shaharuddin holds a Bachelor of Science (Hons) degree in Accounting from the University of East Anglia, United Kingdom and is a fellow of the Association of Chartered Certified Accountants. He is also a qualified investment, securities and futures professional, being a Registered Representative of Securities and Futures Authority and an Investment Management Certificate holder of Investment Management Regulatory Organisation, United Kingdom.

He has over 20 years of global experience specialising in risk management, governance and control, gained from his senior executive roles in the banking, finance and private equity industries in London, Bahrain and most recently, in Malaysia.

Prior to his return to Malaysia, he was Director of Banking Operations at Accounting and Auditing Organisation for Islamic Financial Institutions, the International Islamic banking regulator based in Bahrain. He served as the Regional Head of Compliance and Financial Security of Credit Agricole Corporate and Investment bank (Calyon), where he spearheaded the implementation of enhanced compliance and governance programmes in the Middle East and Africa networks and branches from 2005 to 2012.

In the last four years, Encik Shaharuddin has been providing corporate finance advisory services for SMEs and listed corporations in the oil and gas, transport, aviation, technology and telecommunication industries. He is also involved in providing investment opportunities in banks in emerging markets.

His expertise in Islamic banking regulation and international practice has been sought in resolving major litigation cases.

Encik Shaharuddin also serves on the Boards of Bank Pembangunan Malaysia Berhad, Adamas Capital Sdn Bhd, Adamas International Limited and Sabre-Adamas Pte Ltd.
Back to Top