Board of Directors
Muhammad bin Ibrahim is the Governor of Bank Negara Malaysia since 1 May 2016.
He is also the Chair of the Bank’s Monetary Policy Committee and the Financial Stability Committee. In the course of more than three decades, Muhammad’s career in Bank Negara Malaysia spanned across a multitude of areas in the Bank, ranging from banking regulation and supervision, strategic planning, payment systems, insurance, offshore banking, treasury and financial markets. Prior to being appointed as Governor, he was the Deputy Governor responsible for the development of the financial markets, monetary policy implementation and reserve management. He also oversaw the recent development of the banking sector including Islamic finance and insurance sector.
Muhammad served as the Chairman of the Irving Fisher Committee on Central Bank Statistics at the Bank for International Settlements where he strengthened collaboration with other international statistical institutions. He was a member of the UN Advisors Group on Inclusive Financial Sectors chaired by HRH Queen Maxima where key global stakeholders deliberated on strategic issues relating to financial inclusion. He currently chairs the Global Standards and Project Committee of the Alliance for Financial Inclusion (AFI) which advises and supports AFI’s engagement with International Standard-Setting Bodies towards advancing the global agenda of financial inclusion.
Muhammad holds postgraduate qualifications from Harvard University and the International Islamic University of Malaysia. He is a Fellow Chartered Banker of the Asian Institute of Chartered Bankers.
Ms Jessica joined BNM in 1993 and has served in various capacities in the formulation of prudential and strategic policies for the banking and insurance sectors. She was involved in the preparation of the Financial Sector Masterplan and the formulation of financial sector liberalisation strategies as part of the WTO and Free Trade negotiations. She was also involved in the establishment of the deposit insurance system in Malaysia and formulation of human capital development strategies for the financial sector. Ms Jessica holds a Bachelor of Commerce Degree with a major in accounting and finance from the University of Melbourne, Australia. Prior to her appointment, Ms Jessica was the Director of Prudential Financial Policy Department. Ms Jessica is an advisor member of the Malaysian Accounting Standards Board and a member of the Governance and Compliance Subcommittee of the International Association of Insurance Supervisors.
Datin Teh Ija is the Executive Director of the Corporate Resources Division of SC. This division supports the overall employee aspects of the SC through the implementation of policies and procedures on human resource-related matters, which include manpower planning, recruitment and selection, learning and development. It also provides financial and accounting services, and is responsible for the financial management of the Commission. The division also provides facilities management and general office support services for the efficient operation of the office building, and maintains a safe and secure environment for employees and visitors.
Dato’ Dr Syed Ahmad Bin Hussein is the Chief Executive Officer of MQA. He is the President of the ASEAN Quality Assurance Network (AQAN) and Interim Chair of the Association of Quality Assurance Agencies of the Islamic World. He is also on the editorial board of Thailand’s International Journal of Quality Assurance and Accreditation. Dato’ Syed was Chair and Chief Executive of the Malaysian National Accreditation Board (2006-2007) after serving as a board member since 1998.
Prior to these appointments, he was a Professor of Politics and Director of the Centre for International Studies, Universiti Sains Malaysia (USM), Penang. He was the Deputy Vice-Chancellor of Academic and International Affairs of USM from 2001 to 2005 and Dean of the School of Social Sciences, 1997-2001. He earned his doctorate in Political Science from Yale.
Dato’ Tharuma Rajah is the Global Managing Director, Fast Moving Markets of Hay Group and is a member of its Global Leadership Team. He is an International Partner of Hay Group. Dato’ Tharuma joined Hay Group in 1993 after a 12- year stint with National Semiconductor; a Silicon Valley based US Electronics Multinational.
Dato’ Tharuma has advised clients in a range of industries including telecommunication, retail, financial services, energy, aviation, healthcare and government sectors in Asia Pacific, Europe and the United States on a challenging mix of strategic people, leadership and organizational issues. He is an Executive Coach to many Fortune 500 business leaders in Asia Pacific and the United States.
He speaks regularly at major international forums and is co-author of ‘The Indian CEO – A Portrait of Excellence’. He has led several seminal empirical research studies in Asia and the West which have provided new insights on the ethos and cross-cultural differences between Eastern and Western leadership styles in both public and private sectors.
Dato’ Tharuma is a member of the Honorable Society of Lincoln’s Inn, United Kingdom. He holds a Bachelor of Law Degree from The University of London, has been called to the Bar of England and Wales.
Dr Humayon Dar is the Chairman, President & CEO of Edbiz Consulting Limited, a London-based Islamic financial consulting firm. Dr Humayon Dar is an Islamic economist, futurist, writer, shari’a advisor, academic entrepreneur, philosopher and a transformational thinker, specialising in Islamic banking and finance. He earned his name by working closely with some of the most influential shari’a scholars, families and financial institutions in the world. He used his academic credentials and structuring skills to offer tailor-made faith-based solutions to some leading families in the Middle East and Asia. Through his extensive network of contacts in politics, leading business families and financial institutions, he developed business opportunities for his clients both from the Western world and in the emerging economies of Asia.
Educated at Cambridge University and having been associated with a number of universities and academic institutions in the West and in the rest of the world, Dr Humayon Dar has emerged as one of the foremost academic entrepreneurs in the world of higher education.
His tenure as a Managing Director at Deutsche Bank (where he served as CEO of its Islamic finance subsidiary) earned him name and fame in the field of faith-based structuring of financial products. He has advised global financial institutions like Allianz, Societe Generale, MSCI Barra, Nasdaq and local banks like Hong Leong Bank in Malaysia. Dr Humayon Dar is also a visiting Professor for Islamic Finance for universities in the UK, Malaysia and the Middle East.
Ms Jenny Sofian joined AMUNDI (formerly known as Crédit Agricole Asset Management, CAAM) in 1996 to specialise in the management of Asian equity portfolios. She became the Head of Research for AMUNDI in Asia in 1998, and was promoted to Managing Director of AMUNDI Singapore in November 1999. In November 2009, Ms Jenny was appointed the CEO of AMUNDI Singapore, covering the SE Asia region. Prior to joining AMUNDI, Jenny worked for the investment management division of a composite insurance company, the Insurance Corporation of Singapore from 1990. In her last position, she was responsible for asset allocation among asset classes of regional equities, foreign and local fixed-income instruments and venture capital, in addition to managing the insurance funds, life, general and shareholders fund.
Ms Jenny received a BS in Business Administration (summa cum laude) from San Diego State University.
She also holds the position of Executive Director in the following companies; AMUNDI Singapore Limited, AMUNDI Malaysia Sdn Bhd and AMUNDI Islamic Malaysia Sdn Bhd.