BOARD OF DIRECTORS

DATUK KAROWNAKARAN @
KARUNAKARAN RAMASAMY
CHAIRMAN
Non-Independent Non-Executive Director (Malaysian)

Datuk Karunakaran, male aged 72, was appointed to the Board on 1 July 2008 and subsequently elected as Chairman of the Board on 19 February 2010. He was redesignated as Non-Independent Non-Executive Director with effect from 8 March 2021. Datuk Karunakaran graduated from the University of Malaya with a Bachelor of Economics (Accounting) Hons. in 1972. He was formerly the Director General of Malaysia Investment Development Authority (“MIDA”) retiring in June 2008 after having served for 36 years. He had also served as Director of MIDA Singapore, Cologne (Germany) and London (England).

Datuk Karunakaran resigned as Chairman of the Nomination & Remuneration Committee on 8 March 2021. He is also the Chairman, Independent Non-Executive Director of Maybank Ageas Holdings Berhad, Etiqa International Holdings Berhad and Maybank Singapore Limited. Datuk Karunakaran is also an Independent Non-Executive Director on the Boards of Malayan Banking Berhad, Bursa Malaysia Berhad and IOI Corporation Berhad.

Datuk Karunakaran does not have any interest in the securities of the Company and its subsidiaries. He has no family relationships with any other Director and/or major shareholder of the Company.

Notes:

  1. None of the Directors have entered into any transaction, whether directly or indirectly, which has a conflict of interest with the Company.
  2. None of the Directors have any convictions for any offences within the past 5 years other than traffic offences.
  3. None of the Directors have any public sanctions & penalties imposed by any regulatory bodies during the financial year 2020.