MISC Annual Report 2018

HIGHLIGHTS OF THE YEAR OUR BUSINESS OUR LEADERSHIP OUR PERFORMANCE OUR COMMITMENT TO SUSTAINABILITY OUR GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION 50 TH ANNUAL GENERAL MEETING 53 MISC BERHAD ANNUAL REPORT 2018 52 ZAHID OSMAN Vice President, LNG Business SYED HASHIM SYED ABDULLAH Vice President, Offshore Business AGE 51 GENDER Male NATIONALITY Malaysian APPOINTED ON 1 January 2015 YEE YANG CHIEN President/Group CEO CAPTAIN RAJALINGAM SUBRAMANIAM President & CEO AET Tanker Holdings Sdn.Bhd. INFORMATION AS AT 27 FEBRUARY 2019 PROFILES OF MANAGEMENT COMMITTEE Responsibilities • Implementation of policies, strategies and decisions as formulated by the Board and overseeing the day-to-day management and operations of MISC Group • Ensuring that a sound management structure is in place Academic/ Professional Qualifications • Double-degree in Financial Accounting/ Management and Economics, University of Sheffield, UK Present Appointments • Chairman and Board Member, various subsidiaries within the MISC Group • Board Member, Malaysia Marine and Heavy Engineering Holdings Berhad • Director of the Members’ Committee of The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited (UK P&I Club) Past Experience • Chief Operating Officer, MISC Berhad • Vice President, Corporate Planning, MISC Berhad • Group Vice President, Corporate Planning, AET Group • Senior Manager, Research and Evaluation, Corporate Planning and Development Unit, MISC Berhad • Auditor, undertaking both external and internal audit assignments, and progressed on to equity research and investment banking work with various local and international financial institutions Declaration • No family relationship with any Director/Major Shareholder of MISC Berhad • No conflict of interest with MISC Berhad • No conviction for any offences within the past 5 years other than traffic offences, if any • No penalty imposed by the relevant regulatory bodies during the financial year 2018 LENGTH OF SERVICE 4 years 2 months AGE 53 GENDER Male NATIONALITY Malaysian APPOINTED ON 1 January 2016 Responsibilities • Overall management and operations of AET, the petroleum and product shipping arm of MISC • Development of AET’s sustainability and profitability through efficient and strategic business development and stakeholder management Academic/ Professional Qualifications • Post Graduate Masters in Business Administration • Master Certificate (Foreign Going), Malaysian Maritime Academy Sdn. Bhd. (ALAM) • Executive Education in a Finance Program, INSEAD Fontainebleau Present Appointments • Board Member, various subsidiaries and joint venture companies within the MISC Group • Chairman, Gas Tankers Committee, International Association of Independent Tankers Owners (INTERTANKO) • Board Member, GARD P&I • Committee Member for a number of class societies • Honorary Commander, Royal Malaysian Navy Reservist Program Past Experience • Vice President, Fleet Management Services, MISC Berhad • Group Vice President, AET Shipmanagement • General Manager, AET • Winner of the 2018 Tanker Shipping & Trade Industry Leader Award • Awarded – National Seafarers Icon 2017 – Malaysia Marine Department Declaration • No family relationship with any Director/Major Shareholder of MISC Berhad • No conflict of interest with MISC Berhad • No conviction for any offences within the past 5 years other than traffic offences, if any • No penalty imposed by the relevant regulatory bodies during the financial year 2018 LENGTH OF SERVICE 3 years 2 months AGE 46 GENDER Male NATIONALITY Malaysian APPOINTED ON 1 August 2017 Responsibilities • Overall management and operations of the LNG Business arm of MISC • Development of the LNG Business’ sustainability and profitability through efficient and strategic business development and stakeholder management Academic/ Professional Qualifications • Masters in Business Administration, University of Chicago Booth School of Business, USA • Degree in Industrial Economics, University of Nottingham, UK • Management Program on Strategy Creation, Columbia Business School Present Appointments • Board Member, various subsidiaries and joint venture companies within the MISC Group • Council Member, Malaysian Gas Association • Chairman of Advisory Panel at Malaysia Women in Energy (MyWiE) Past Experience • Vice President of Venture Development, Shell Integrated Gas & New Energies • Management positions in finance, Liquefied Natural Gas (LNG) marketing and trading, business development, commercial, Upstream production sharing contract (PSC), stakeholder management, Joint Venture (JV) governance, gas advocacy and project management in Upstream, Downstream, Integrated Gas and Trading businesses, Shell Group of Companies Declaration • No family relationship with any Director/Major Shareholder of MISC Berhad • No conflict of interest with MISC Berhad • No conviction for any offences within the past 5 years other than traffic offences, if any • No penalty imposed by the relevant regulatory bodies during the financial year 2018 LENGTH OF SERVICE 1 year 7 months AGE 62 GENDER Male NATIONALITY Malaysian APPOINTED ON 5 May 2015 Responsibilities • Overall management and operations of the Offshore Business arm of MISC • Development of the Offshore Business’ sustainability and profitability through efficient and strategic business development and stakeholder management Academic/ Professional Qualifications • Diploma in Industrial Chemistry, Institute Technology MARA • Senior Management Development Program, INSEAD Present Appointments • Board Member, various subsidiaries and joint venture companies within the MISC Group • Board Member, Malaysia Marine and Heavy Engineering Holdings Berhad Past Experience • General Manager, Asset Management, Offshore Business, MISC Berhad • General Manager, JV Operations, PETRONAS Carigali Sdn. Bhd. (PSCB) • Production Specialist, PSCB • Production Superior/Planner, Hewlett Packard Malaysia Declaration • No family relationship with any Director/Major Shareholder of MISC Berhad • No conflict of interest with MISC Berhad • No conviction for any offences within the past 5 years other than traffic offences, if any • No penalty imposed by the relevant regulatory bodies during the financial year 2018 LENGTH OF SERVICE 3 years 9 months