Dato’ Wan Asmadi Bin Wan Ahmad
Independent Non-Executive Director
Dato’ Wan Asmadi Bin Wan Ahmad, Malaysian, male, was appointed to the Board on 25 August 2015 as a Non-Independent Non-Executive Director and was subsequently redesignated as the Independent Non-Executive Director on 18 July 2017, representing the interest of MTD Capital Bhd. He also serves as the Chairman of the Remuneration Committee and is a member of the Audit Committee and the Nomination Committee of the Company. He graduated with a Bachelor degree in Business Administration with a major in Accounting from Temple University, Philadelphia, United States of America in 1989. Subsequently, in 1996, he graduated with a Masters of Business Administration (“MBA”) specialising in Finance from the same university.
Dato’ Wan Asmadi Bin Wan Ahmad began his career in the area of tax and audit in 1989 before moving on to oil and gas industry in the area of Budget and Management Accounting in 1991. Upon completion of his MBA in 1996, Dato’ Wan Asmadi Bin Wan Ahmad shifted his career into investment banking where had obtained hands-on experience in the areas of corporate finance, privatisation/ project advisory, equities placement/ underwriting, stockbroking and Islamic capital markets. Between 2009 to 2012, Dato’ Wan Asmadi Bin Wan Ahmad was working in the Kingdom of Saudi Arabia where he assisted in the successful setting up an investment banking outfit, Anfaal Capital.
Upon returning from the Kingdom of Saudi Arabia, Dato’ Wan Asmadi Bin Wan Ahmad co-founded DWA Advisory Sdn Bhd, a boutique financial advisory firm licensed by the Securities Commission Malaysia in 2013 and later DWA Private Equity Sdn Bhd in 2015 which is registered with the Securities Commission Malaysia as a Private Equity Management Corporation. He is also currently a member of the Market Participants Committee of Bursa Malaysia.
Dato’ Wan Asmadi Bin Wan Ahmad does not hold any shares in the company or its subsidiaries, and has no family relationship with any director and/ or major shareholder of the Company nor does he have any conflict of interest with the Company. He has not been convicted of any offences within the past five (5) years and has not been imposed any penalty by the relevant regulatory bodies during the FYE 2016. He does not hold any directorship in any other public listed companies.