The roles and functions of the Council are:

The primary objective of the Human Capital Development and Compensation Committee (HCDCC) is to provide a formal and transparent procedure for the formulation of policies, as well as processes with regards to matters relating to the employment, well-being and development of the employees of FAA, by ensuring that their terms of employment, remuneration, compensation and benefits, career development, succession planning, as well as training and development initiatives are competitive and consistent with FAA’s culture, objectives and strategy.

The Board shall appoint a committee consisting of three Directors and chaired by the Chairman of FAA Board, and the Chief Executive Officer of FAA shall have a standing invitation to attend each meeting. The committee will meet at least once a year to review the compensation and benefits recommendations for FAA employees and any such additional meetings as deemed necessary by the Chairman of the committee to fulfil its role.

Committee Members

Datin Teh Ija Mohd Jalil
Member of Board of Directors, FAA; Member of Board of Directors, Institute for Capital Market Research Malaysia; Independent Non-Executive Director, HSBC Bank Malaysia Berhad; Independent Non-Executive Director, UEM Sunrise Berhad
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Datin Teh Ija Mohd Jalil
Member of Board of Directors, FAA; Member of Board of Directors, Institute for Capital Market Research Malaysia; Independent Non-Executive Director, HSBC Bank Malaysia Berhad; Independent Non-Executive Director, UEM Sunrise Berhad

Datin Teh Ija Jalil was appointed as a director of FAA on 2 August 2013. She also chairs the FAA Accreditation Council, the Committee in FAA responsible to promote quality assurance and accreditation initiatives, including the review of Learning Programmes submitted by Registered Training Providers and endorsement of quality assurance and accreditation standards and policies.

She is currently an Independent Non-Executive Director of UEM Sunrise Berhad where she also chairs the Nomination and Remuneration Committee and is a member of the Audit Committee and the Governance and Risk Committee. She is also currently an Independent Non-Executive Director of HSBC Bank Malaysia Berhad where she is a member of the Audit Committee and Risk Committee. She was also 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 government. She joined the Securities Commission 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 the SC, she was involved in capital market policies development and regulation, human capital development and training and education, including professional and investor education.

Her other experience included trade and financial services negotiations as Malaysia’s Lead Financial Services Negotiator in the World Trade Organization, Association of Southeast Asian Nations and Asia–Pacific Economic Cooperation as well as representing 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
Senior Advisor of Korn Ferry Hay Group
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Dato’ Tharuma Rajah
Senior Advisor of Korn Ferry Hay Group

Dato’ Tharuma Rajah is the Senior Advisor of Korn Ferry Hay Group. Formerly he was the Managing Director - APAC of Korn Ferry Hay Group, a member of its Global Leadership Team and an International Partner of Hay Group. He 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.

Ms Salmah Bee Mohd Mydin
Executive Director, Market Development at Securities Commission Malaysia
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Ms Salmah Bee Mohd Mydin
Executive Director, Market Development at Securities Commission Malaysia

Salmah Bee Mohd Mydin is the Executive Director, Market Development at the Securities Commission Malaysia (SC) responsible for corporate strategy and planning, economics research as well as markets and products.

An important focus of the SC's agenda is the longer term sustainable development of the broader capital market. Salmah manages a team responsible for formulating the overall planning and strategy for the SC, driving initiatives to enhance market efficiency, vibrancy liquidity and competitiveness; and analysing economic development trends and its impact to the capital market. She is a board member of the Audit Oversight Board and the Capital Makrket Compensation Fund Corporation and the Finance Accreditation Agency.

Given her vast experience in investigation, intermediaries' supervision, market surveilance, authorisation and licencing; and development and policy formulation, Salmah has been invovled in numerous external engagements including the public sector transformiation initiatives, the Attorney-General's Chambers and the Anti-Corruption Agency (now known as the Malaysian Anti-Corruption Commission). She also served as a member of the FInancial Stability Committee, Labuan Financial Srvies Authority.

Prior to the SC, Salmah was business reportet with The STAR Publications. She has Bachelor of Arts (Management and Business Studies) from the University of Liverpool and a Master in Science (Public Policy and Management) from the University of London. 

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