KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2024 WE ARE KENANGA OUR SUSTAINABILITY APPROACH LEADERSHIP STATEMENT HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION OUR VALUE CREATION APPROACH 69 68 Declaration Choy Khai Choon is a Board representative of Cahya Mata Sarawak Berhad, a major shareholder of KIBB. He also has no conflict of interest or potential conflict of interest, including interest in any competing business with KIBB or its subsidiaries. He has never been charged for any offence within the past five (5) years nor has he had any public sanction and/ or penalty imposed on him by any relevant regulatory bodies during the Financial Year Ended 31 December 2024. CHOY KHAI CHOON Non-Independent Non-Executive Director Past Relevant Experiences • Senior INED of Malaysia Marine and Heavy Engineering Holdings Berhad where he assumed the position as Chairman of the Board Audit Committee and a Member of the Nomination & Remuneration Committee • Public Interest Director of Federation of Investment Managers Malaysia (“FIMM”) where he also served as FIMM’s Chairman of the Nomination and Remuneration Committee and Chairman of the Private Retirement Scheme Sub-Committee • President/ Chief Executive Officer, Cagamas Berhad • INED of Deutsche Bank Malaysia Bhd where he also served as the Chairman of the Audit Committee and Deputy Chairman of the Board • Senior General Manager, Head of Group Business Engineering, RHB Banking Group • Chief Executive Officer, Morley Fund Management Ltd, Singapore • Regional Finance & Planning Director, Asia, Aviva Insurance Asia Ltd • Assistant General Manager (“GM”) and GM, Commercial Union Assurance Berhad • Senior Manager, Strategic Planning, Credit Corporation Malaysia Berhad (“CCMB”), Manager in various division of CCMB such as Corporate Planning Services, Commercial Division, Credit Division Academic & Professional Qualification(s) • Master in Business Administration, Oklahoma University, United States of America • Bachelor Degree in Commerce, University of New South Wales, Australia • Attended the General Management Programme in INSEAD, France • Fellow Member, Certified Practising Accountants, Australia • Chartered Accountant, Malaysian Institute of Accountants Present Appointment(s) • Chairman of Kenanga Investors Berhad (“KIB”), a wholly owned subsidiary of KIBB • Non-Independent Non-Executive Chairman of Zurich Life Insurance Malaysia Berhad (“ZLIMB”) and Zurich General Insurance Malaysia Berhad (“ZGIMB”) where he serves as a Member of the Board Investment Committee of ZLIMB, as well as a Member of the Audit Committee, Risk Management and Sustainability Committee, and Nomination and Remuneration Committee of both ZLIMB and ZGIMB • Independent Non-Executive Director (“INED”) of Hap Seng Plantations Holdings Berhad (“HSP”) and the Chairman of HSP’s Remuneration Committee and a Member of its Audit Committee • INED of MSM Malaysia Holdings Berhad (“MSM”) and the Chairman of MSM’s Audit, Governance and Risk Committee, as well as a Member of its Investment and Tender Committee, and Nomination and Remuneration Committee • Non-Executive Director of Asian Banking School Sdn Bhd • Non-Executive Director of Bond and Sukuk Information Platform Sdn Bhd • Authority Member of the Labuan Financial Services Authority (“LFSA”) and Member of the Audit Risk Management Committee of LFSA Number of Board Meetings Attended in 2024: 12/12 Declaration Chin Siew Siew has no family relationship with any Director and/or major shareholder of KIBB. She also has no conflict of interest or potential conflict of interest, including interest in any competing business with KIBB or its subsidiaries. She has never been charged for any offence within the past five (5) years nor has she had any public sanction and/ or penalty imposed on her by any relevant regulatory bodies during the Financial Year Ended 31 December 2024. CHIN SIEW SIEW Independent Non-Executive Director Past Relevant Experiences • Chief Digital Officer for IBM Malaysia • Regional Sales Leader for IBM ASEAN Region • Business Operation Leader for IBM ASEAN Region • General Manager for Global Technology Services, IBM Malaysia Academic & Professional Qualification(s) • Bachelor of Science in Computer Science from University of Arkansas, United States of America Present Appointment(s) • Independent Non-Executive Director of AIG Malaysia Insurance Berhad • Independent Non-Executive Director of Southern Steel Berhad (“SSB”) and also serves as the Chairperson of SSB’s Nomination Committee, as well as member of Audit and Risk Committee Number of Board Meetings Attended in 2024: 12/12 Date of Appointment: 1 June 2022 Length of Tenure as Director (As at 31 March 2025): Two (2) Years Ten (10) Months Shareholding in Kenanga Investment Bank Berhad (“KIBB”): Nil Membership of Board Committee(s): • Chairman of the Group Governance, Nomination & Compensation Committee • Chairman of the Employees’ Share Scheme Committee • Member of the Group Board Digital Innovation & Technology Committee 67 Date of Appointment: 13 December 2021 Length of Tenure as Director (As at 31 March 2025): Three (3) Years and Three (3) Months Shareholding in Kenanga Investment Bank Berhad (“KIBB”): Nil Membership of Board Committee(s): • Member of the Group Governance, Nomination & Compensation Committee • Member of the Group Board Risk Committee • Member of the Group Board Digital Innovation & Technology Committee 60 PROFILES OF DIRECTORS PROFILES OF DIRECTORS
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