Meet the Board

SIDREC Board of Directors

Governance

SIDREC is governed by a board that comprise industry directors and independent directors, and is overseen by a Chair

The board of directors provide guidance to the management on the strategies of our services to ensure SIDREC’s effective planning for them. The board also ensures that SIDREC has the necessary resources needed to work successfully and independently.The board approves SIDREC’s annual report and accounts, which reviews the performance of its service over the last year.

Dato’ Ranita Mohd Hussein (Chairman)

Chairman & Independent Director

Dato’ Ranita Mohd Hussein has been the Chairman of SIDREC since its inception in 2010. She is a legal consultant and has served as a member of the Advisory Council of Jurists of the Asia Pacific Forum for National Human Rights Institutions. She also served as a member of the Permanent Court of Arbitration in The Hague, Netherlands.

Dato’ Ranita’s other previous posts include that of a Commissioner in the Human Rights Commission Malaysia (Suhakam), a partner of Skrine, a Judicial Commissioner in the High Court, Malaysia and an Adviser (now re-designated as Assistant Governor) to BNM. She began her career in the Judicial and Legal Services, serving in various positions ranging from Magistrate and Senior Federal Counsel at the Economic Planning Unit (EPU) and Foreign Investment Committee to Head of Advisory and International Division, Attorney General’s Chambers to Chief Parliamentary Draftsman from 1969 to 1991.

Where the capital market is concerned, Dato’ Ranita served as a member of the Governing Committee of the Kuala Lumpur Stock Exchange (now Bursa Malaysia) from 1997 to 2000 and as a director on the board of the Kuala Lumpur Options and Financial Futures Exchange from 1999 to 2000.

Dato’ Ranita obtained her LLB (Hons) degree from the University of Singapore.

Dato’ Halipah Esa

Chairman and Independent Director

Dato’ Halipah Esa is a founding director of SIDREC. She currently serves as Independent Non-Executive Director of several public-listed companies, including Malaysia Marine and Heavy Engineering Holdings Bhd and SP Setia Bhd. She also serves on the Boards of Cagamas Bhd, Putrajaya Holdings and Malaysian Maritime Academy Sdn Bhd. She was Chairman of Pengurusan Aset Air Bhd and has also served on the Boards of Petronas, MISC Bhd, KLCC Property Holdings Bhd, NCB Holdings Bhd, UDA Holdings Bhd, Employees Provident Fund, Pensions Trust Fund, Inland Revenue Board, FELDA, Putrajaya Corporation, Malaysia Deposit Insurance Corporation and Malaysia-Thailand Joint Development Authority.

Dato’ Halipah started her career with the Administrative and Diplomatic Services in 1973 in the Economic Planning Unit (EPU) of the Prime Minister’s Department and has held various senior positions, including the Director General of EPU before she retired from the civil service in 2006.

She has also served as Deputy Secretary General at the Ministry of Finance. She was previously a consultant to the World Bank and United Nations Development Programme (UNDP), advising the Royal Kingdom of Saudi Arabia on economic planning and providing technical advice to planning agencies in Vietnam, Cambodia, Indonesia and several African countries.

Dato’ Halipah holds a BA (Hons) degree in Economics, as well as an MEcons degree from the University of Malaya.

Dato’ K C Vohrah

Independent Director

Dato’ Karam Chand Vohrah, until recently, was active in both domestic and international arbitration. In addition, he was Adjunct Professor, College of Law, Government and International Studies of University Utara Malaysia, Adjunct Professor, Faculty of Law and Government, HELP University and a consultant with Messrs Lee Hishammuddin Allen & Gledhill.

Prior to that, he was a Judge of the Court of Appeal, served in the judicial and legal service of Malaya and became Head of the Advisory Division of the Attorney-General’s Chambers. He participated in many negotiations as legal adviser to international loan agreements (including those of the World Bank and the Asian Development Bank) and Swiss and Japanese bond issues, and also various conferences in relation to the Tin and the Rubber Buffer Stock Agreements. He was involved in the Law of the Sea Conferences in New York and Geneva.

Dato’ Vohrah also served as a commissioner of the Human Rights Commission of Malaysia from July 2002 up to April 2008 and was chairman of the Malaysian Corporate Law Reform Committee.

Dato’ Saiful Bahri Zainuddin

Industry Director

Dato’ Saiful Bahri Zainuddin is a founding director of SIDREC. He is currently the Executive Director of OSK Holdings Bhd and he sits on all the boards of OSK Group of Companies and is an Investment Committee Member of Eastspring Investments Bhd, Independent Non-Executive Director of KAF Investment Bank Bhd where he chairs the Nomination & Remuneration Committee and sits on KAF Investment Board, Audit Committee and Risk Committee respectively.

Dato’ Saiful most recent appointment was as Audit Committee Member for Universiti Sains Islam Malaysia (USIM) and Chairman of PT KAF Securitas Indonesia on 27 November 2019. He was also the Financial Adviser to the State Government of Negeri Sembilan and a member of the Negeri Sembilan State Government Think Tank. He was appointed by the Minister of Finance as Independent Non-Executive Director of Bursa Malaysia Bhd in 2008 and a Board Member of Bursa Malaysia Securities Bhd and Bursa Malaysia Securities Clearing Sdn Bhd from April 2015. He was then appointed as Senior Independent Director for his active role as a director and in addition to his board member role, he also sits on committees for market participation, risk management and nomination and remuneration.

Dato’ Saiful has a BSc degree in Economics and Finance from Western Michigan University and
has attended the Global Leadership Development Programme at Stanford University.

Raymond Tang Chee Kin

Industry Director

Raymond Tang Chee Kin is a founding director of SIDREC. He is currently the CEO and a member of the Board of Directors of Eastspring Investments Bhd (EIB). He has over 30 years of experience in the asset management business, managing both institutional and unit trust funds.

Prior to EIB, he was the Head of International and Institutional Business of CIMB-Principal Asset Management Bhd. He is currently also the Chairman of Malaysian Association of Asset Managers (MAAM) and Chairman of FTSE Bursa Malaysia Index Advisory Committee. He is also an invitee in the Executive Committee of Malaysia International Islamic Financial Centre (MIFC) as well as a committee member in the Market Participants Committee of Bursa Malaysia and Financial Markets Committee of BNM.

Tang is also a Fellow of the UK’s Chartered Institute of Management Accountants and a Chartered
Global Management Accountant. He holds a Capital Markets Services Representative’s Licence
(CMSRL) for fund management under CMSA.

Dato' Mohd Nizam Zainordin

Industry Director

Dato’ Mohd Nizam Zainordin has over 30 years of professional experience in the finance industry. He is currently the Deputy President and Group Chief Financial Officer of Permodalan Nasional Bhd (PNB).

Since joining PNB, he has also held several portfolios including Senior Manager of Operations, Assistant Vice President of Unit Trust Operations, Senior Vice President of Finance & Investment Processing and Chief Financial Officer of Finance & Information Technology Division. He is also a director in several subsidiaries within the PNB Group of Companies.

Dato’ Nizam is a Fellow of the Association of Chartered Certified Accountants, member of the Malaysian Institute of Accountants and Certified Financial Planner. He holds an Executive Master of Business Administration degree from the Asian Institute of Management and has attended Huddersfield Polytechnic in the UK.

Mahadzir Azizan

Independent Director

Mahadzir Azizan has held key positions both in the private and public sectors. He joined the Judicial and Legal Service of the Malaysian Government as a Deputy Public Prosecutor and Federal Counsel upon completing his legal training as a Barrister-at-Law from Lincoln’s Inn in London, and was called to the English Bar in 1978.

He subsequently ventured into the private sector and served Malaysian International Shipping Corporation Bhd and Island & Peninsular Bhd, the property arm of Permodalan Nasional Bhd for the next 24 years. Whilst in the private sector, he also served as a MARA Council Member in addition to various other directorships in government-linked companies.

In addition to sitting on the SIDREC Board, Mahadzir is currently the Chairman of AmanahRaya REIT and also sits on the Boards of ECM Libra Group Bhd, RCE Capital Bhd, Syarikat Takaful Malaysia Keluarga Bhd and Syarikat Takaful Malaysia Am Bhd. He has also previously held directorships in Asian Healthcare Group Bhd (2014 to 2016) and Libra Invest Bhd (2007 to 2019).