Board of Directors
Mr Donald Joshua Jaganathan (“Mr Donald”) is the Chairman of Board of Directors of FAA. He has had a fulfilling career with BNM for 36 years, rising to the rank of Assistant Governor, with key responsibilities over the financial stability function, including oversight of BNM’s Financial Stability Report. His work experience included leadership and management oversight over the supervision and regulation of the banking and insurance industry in Malaysia, training and development activities with the banking and insurance institutes, and serving as country representative in international supervisory bodies.
Mr Donald holds a Bachelor of Accounting (Hons) from the University of Malaya and is a Member of the Malaysian Institute of Accountants. He also holds a Master in Business Administration from the Cranfield School of Management, United Kingdom and is an alumnus of the Advanced Management Program, Harvard Business School.
Mr Donald is a Fellow Chartered Banker and serves as a Council Member of the Asian Institute of Chartered Bankers and the Chairman of its Education Committee. He is also a member of the Board of Directors of the Asian Banking School and the Chairman of its Talent Development Committee.
Mr Donald also serves on the Board of Directors of RHB Bank Berhad, RHB Insurance Berhad, and Zurich Life Insurance Berhad.
Mr Donald held previous positions as the Chairman of the Board of Directors of Payments Network Malaysia Sdn Bhd, Chairman of the Board Executive Committee of the Malaysian Insurance Institute, Council Member of the Malaysian Institute of Accountants, and Member of the Malaysian Financial Reporting Foundation.
Ms Salmah Bee Mohd Mydin is the Executive Director, Market Development at Securities Commission (SC) Malaysia responsible for corporate strategies and planning, economics research as well as markets and products.
An important focus of SC's agenda is the long term sustainable development of the broader capital market. Ms Salmah manages a team responsible for formulating the overall planning and strategy for SC, driving initiatives to enhance market efficiency, vibrancy liquidity and competitiveness, and analysing economic development trends and its impact on capital market. She is a board member of the Audit Oversight Board and Capital Market Compensation Fund Corporation.
Given her vast experience in investigation, intermediaries' supervision, market surveillance, authorisation and licencing, as well as development and policy formulation, Ms Salmah has been involved in numerous external engagements including the public sector transformation initiatives, Attorney-General's Chambers and Anti-Corruption Agency (now known as the Malaysian Anti-Corruption Commission). She also served as a member of the Financial Stability Committee, Labuan Financial Services Authority.
Prior to SC, Ms Salmah was a business reporter with The Star Publications. She has a Bachelor of Arts (Management and Business Studies) from University of Liverpool and a Master in Science (Public Policy and Management) from University of London.
Datin Teh Ija Jalil was appointed a Director of FAA in 2013. She also chairs the FAA Accreditation Council which oversees quality assurance and accreditation initiatives, including the review of learning programmes submitted by registered training providers, and the endorsement of quality assurance and accreditation standards and policies.
She is currently an independent non-executive Director of UEM Sunrise Berhad where she chairs the Nomination and Remuneration Committee and is a member of the Audit Committee, and Governance and Risk Committee. She is also an independent non-executive Director of HSBC Bank Malaysia Berhad where she is a member of the Audit Committee and Risk Committee. She was appointed to the board of SIDC Corporation on 29 January 2020.
Datin Teh graduated with a Bachelor of Arts (Honours) from University of Malaya and Master of Business Administration from Southern New Hampshire University. She began her career in the civil service and built her competency in the area of economic policy-making and international trade and finance through her 24 years in the government service.
She joined the Securities Commission (SC) Malaysia in 2000 and retired from the regulatory body in 2017 after serving 17 years in various capacities including as Head of SIDC, Executive Director, Corporate Resources and as Advisor of Special Projects in the Chairman’s Office. During her time in SC, she was involved in capital market policies development and regulation, human capital development, and training and education, including professional and investor education.
Her experience includes trade and financial services negotiations as Malaysia’s Lead Financial Services Negotiator in the World Trade Organisation, Association of Southeast Asian Nations and Asia–Pacific Economic Cooperation. She also represented the Ministry of Finance (MoF) in World Bank, International Monetary Fund, APEC Finance Ministers meetings during her tenure with MoF from 1990 to 1999.
Dato’ Tharuma Rajah is the founder and CEO of Garage Analytics, a digital consulting firm with offices in Malaysia, Singapore, Indonesia and Thailand. He is also a board member of Teach for Malaysia and a member of the Nomination and Remuneration Board Committee of AWJ Holding Company in Saudi Arabia.
Dato’ Tharuma was previously the President of Korn Ferry Advisory in the Asia Pacific Region. Prior to that, he was the Global Managing Director of Hay Group for its markets in Asia, the Middle East, Eastern Europe, Africa and Latin America. He Joined Hay Group in 1993 after a 12-year stint with National Semiconductor, a Silicon Valley-based US electronics multinational. He was an international partner and board member of Hay Group until its acquisition by Korn Ferry in December 2015.
Dato’ Tharuma has advised clients from 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 organisational 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 University of London, and has been called to the Bar of England and Wales.
Dr Humayon Dar is a Cambridge economist, with a wide range of interests in development practice and financial services. Dr Dar holds MPhil and PhD degrees from University of Cambridge, and possesses impeccable academic credentials and the practical knowledge to influence policymaking on Islamic finance internationally, especially in the 57-member countries of Organization of Islamic Cooperation (OIC). His current role is Director General of Cambridge Institute of Islamic Finance.
After a decade-long academic career, Dr Dar spent more than 13 years in investment banking, financial advisory, advocacy and high-level networking. He has founded a number of industry-building initiatives to promote IBF in various parts of the world. Some of his leadership projects include:
- Global Islamic Finance Report – the oldest yearbook in IBF (founded in 2010)
- ISFIRE – Islamic Finance Review – a bi-monthly jagazine (journal-magazine) published in London since 2011
- Global Islamic Finance Awards – the most respectable Islamic finance awards programme in the world, which Dr Dar founded in 2011
- Cambridge Islamic Finance Leadership Programme (founded in 2013)
- Islamic Retail Banking Awards (since 2015)
- Islamic Wealth Management Report – a new annual report on Islamic wealth management (first published in 2016)
- Global Good Governance Awards (since 2016)
- WOMANi – a new project to promote and advocate women participation in business and finance
- Cambridge Institute of Islamic Finance (founded in 2019)
Dr Humayon Dar has been a member of a number of Shariah advisory boards in the UK, Malaysia and the UAE. He also serves on the International Islamic Finance Advisory Council of Astana International Financial Centre (AIFC).
As the Managing Director / CEO of RHB Group Asset Management, Ms. Eliza Ong Yin Suen upholds the responsibility for the overall management and strategic direction of the asset management and trustee business in Malaysia, Singapore and Indonesia.
She holds more than 20 years of experience with exposure in global credit bureau, wholesale banking, asset structuring, as well as exposure in building and growing of asset management, wealth management, private banking and trustee across Australia, Hong Kong, Malaysia, Singapore and Indonesia.
Academically, Eliza holds a Master of Business (Banking and Finance) from Monash University, Australia, and is a senior associate member of Australasian Institute of Banking and Finance (AIBF), Certified Treasury and Finance Professional (CTFP) and Certified Financial Planner with FPAM.