About Us


Launched on 1st October 2018, the Institute of Corporate Directors Malaysia is a newly established one-stop professional institution for Directors by Directors to enhance board effectiveness.

Recognised and supported by the Securities Commission Malaysia, Bank Negara Malaysia, Bursa Malaysia and Capital Market Development Fund, ICDM’s main objectives are to:

  1. Promote for public benefit, excellence, integrity and the highest levels of skills and professional competence among corporate directors in Malaysia, and support board effectiveness through – 
     
    • the formulation of a Director Competency Framework
    • a structured Professional Development Pathway for Directors
    • the provision of Board and Director Effectiveness Evaluation service by a panel of experts to organisations for objective and candid assessment 
  2. Advocate the adoption and application of corporate governance practices in substance through among others publication of materials, engagements, forums and workshops; and
  3. Represent the interests of its members in relation to policy that affects members’ interests, and rights and obligations of directors.

 

Our Vision :

To be a Centre of Excellence for the professional development of Directors.

Our Mission :

To enhance board effectiveness and promote excellence in governance by strengthening the professionalism of Directors.


Board of Directors
Tan Sri Zarinah Anwar ICDM(F)

Chairman, appointed on 28 March 2018

Tan Sri Zarinah brings with her legal, corporate and regulatory experience from the many years spent in the corporate sector and public service.

She is the former Chairman of the Securities Commission Malaysia (SC), a position she held for six years until her retirement in March 2012. She was before this, the SC’s Deputy Chief Executive from December 2001.

At the SC, Tan Sri Zarinah served as Vice Chairman of the Emerging Markets Committee of the International Organisation of Securities Commissions and served two terms as Chairman of the ASEAN Capital Markets Forum.

Under her leadership, the SC issued the Corporate Governance Blueprint 2011 which incorporated recommendations aimed at closing gaps, elevating standards and establishing a good corporate governance culture amongst public listed companies by encouraging the integration of principles, ethics and values into the decision making process of a business, as well as ensuring board diversity to promote inclusive growth.

Prior to joining the SC, Tan Sri Zarinah was Deputy Chairman of Shell Malaysia. She started her career there in 1979 and spent 22 years with Shell Group serving in various capacities across the company's business interests in Malaysia. She was a member of the boards of directors of several Shell entities in Malaysia as well as the Group's Global Diversity Council.

Tan Sri Zarinah is currently a member of the Board of Directors of Permodalan Nasional Berhad (PNB), and a Trustee of the Razak School of Government, Yayasan Hasanah, and the Jeffrey Cheah Foundation.

She had served as non-executive Chairman of Malaysia Debt Ventures Berhad (MDV), a member of the Board of PETRONAS,  a member of the Academic Advisory Council of Universiti Teknologi PETRONAS and a member of the Advisory Board of the Emirates Securities and Commodities Authority.

An advocate of gender diversity, Tan Sri Zarinah is a Founding Chairman of the 30% Club, Malaysia, a business campaign to help drive higher women representation in leadership positions and on corporate boards.

Tan Sri Zarinah is a Pro-Chancellor of Universiti Teknologi Mara (UiTM) and the Abdullah bin Abdulaziz Fellow at the Oxford Centre for Islamic Studies, United Kingdom.

Tan Sri Zarinah holds an LLB (Hons) from the University of Malaya.

 

Dato' Seri Johan Raslan ICDM(F)

Board of Director, appointed on 8 January 2018

Dato’ Seri Johan has over 35 years’ experience in auditing, accounting, business advisory and corporate governance.

He is a former Executive Chairman of PwC Malaysia and a former Joint Executive Chairman for the PwC Southeast Asia Peninsular Region (the combination of PwC firms in Malaysia, Thailand, Vietnam, Cambodia and Laos). He worked in auditing and advisory for 10 years in London, and for 20 years in Kuala Lumpur. He retired from PwC in 2012.

In the past, Dato’ Seri Johan has been a board member of a Bursa Malaysia-listed Malaysian banking group, a statutory body, a government pension fund, and a charity. He was the President of Malaysian Institute of Certified Public Accountants from 2011 to 2012.

Dato’ Seri Johan is currently a director of two listed multinational companies in Malaysia: Sime Darby Properties Berhad and Eco World International Berhad, as well as one large unlisted company in Singapore.

Dato’ Seri Johan is an advocate of gender diversity in the boardroom and has taken part in a number of panel discussions on this issue. He has been involved in Corporate Governance issues since 2000, when he assisted the Securities Commission with the roll-out of the first Malaysian Code on Corporate Governance. He currently teaches directors of banks and insurance companies under the Bank Negara Malaysia’s Financial Institutions Directors Education (FIDE) programme run by ICLIF.

Dato’ Seri Johan holds a Bachelor of Economics (Hons) degree in Economics and Accountancy from the University of Hull, United Kingdom. He is a member of the Malaysian Association of Certified Public Accountants (MICPA) and the Malaysian Institute of Accountants (MIA), as well as a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW). He is an Eisenhower Fellow.

Dato’ Azmi Mohd Ali ICDM(F)

Board of Director, appointed on 5 September 2017

Dato’ Azmi brings with him years of corporate and commercial law experience with expertise in the areas of mergers and acquisitions, joint ventures, cross-border transactions, project finance, privatisation, energy, oil and gas and foreign investments.

He first started his legal career as an in-house counsel for PETRONAS for 6 1/2 years. He was involved in projects of national importance as well as negotiated and concluded the NGPSA, a major gas development project for Malaysia, in 1990.

He went on to join the private practice of T. Tharu & Associates and later in 1995, continued his career as a Partner at Hisham, Sobri & Kadir until 2000. Since then, he co-founded Azmi & Associates and took on the role of Senior Partner until today.

Currently, Dato’ Azmi sits on the board of S P Setia Berhad, CCM Berhad, Perbadanan Nasional Berhad, Financial Reporting Foundation and Terralex, a Florida-based global network of 155 law firms with 19,000 lawyers across more than 100 territories. He is also a board member of Universiti Malaysia Kelantan.

His previous board positions include at Sime Darby Berhad and CCM Biotech Duopharma Berhad.

He is an Adjunct Professor of Law at Universiti Kebangsaan Malaysia. Previously, he served as an Adjunct Professor of Law at the International Islamic University of Malaysia for more than 3 years.

Dato’ Azmi is one of the 4 certified arbitrators for Malaysia for the Panel of Conciliators and the Panel of Arbitrators of International Centre for Settlement of Investment Disputes (ICSID).

He is the recipient of International Law Office 2016 Clients Choice Award for Malaysia in Mergers & Acquisitions.

He holds an LLB (Hons) from the University of Malaya and LLM in US & Global Business Law from the Suffolk University, Boston, USA.

Dato' Abdul Aziz Abu Bakar ICDM(F)

Board of Director, appointed on 19 July 2017

Dato’ Aziz brings with him decades of experience in business, corporate and Human Capital Development.

He was the first CEO of the Malaysian Directors Academy (MINDA), a position he held for 7 years, from 2009 to 2016. He was involved with developing and conducting director programmes and Board & Director Effectiveness Evaluation.

He was the Executive Vice-President of the HR Division in RHB Bank Berhad, from 2001 to 2004 and the Chief Human Capital Officer in Telekom Malaysia Berhad, from 2005 to 2009.

Dato’ Aziz spent 20 years in Shell Malaysia, holding senior positions in Internal & Computing Audit, Marketing Economics, Sales, Supply & Planning, and HR divisions. He oversaw Shell’s business interests in Hong Kong and China from the head office in London. Later, he was General Manager of HR and Transformation for ASEAN upon his return to Malaysia.

He currently sits on the boards of Affin Bank Berhad, ALKHAIR International Islamic Bank Malaysia Bhd and Merchant Trade Asia Bhd. He chairs the Nomination & Remuneration Committee of all these companies. He is also the Alternate Director at SOCSO, a Council Member at the Malaysian Employers Federation (MEF) and a member of the Resources Committee of Razak School of Government (RSOG).

Dato’ Aziz’s previous board positions were at INTRIA Berhad (now UEM Builders) as Managing Director, Costain Group Plc, Rangkaian Segar Sdn Bhd and FCW Holdings Berhad.

He is the recipient of the National HR Leader Award in 2007 by the Human Resources Ministry and Malaysian Institute of HR Management. He is a regular international speaker invited by the World Bank Group and OECD to deliver talks on director and board effectiveness.

Dato’ Aziz holds a Bachelor of Economics (Hons) from University of Malaya. He is also an alumnus of the Royal Military College.

Sarena Cheah ICDM(F)

Board of Director, appointed on 5 September 2017

Sarena’s professional milestones span across internal audit, corporate finance, sales & marketing, and strategy & business development since 1995 in one of Malaysia’s largest public listed conglomerate - the Sunway Group.

She is currently the Managing Director of the Property Development Division of Sunway Group and has been since 2015. She also serves as a member of the Employees’ Share Option Scheme Committee. Sarena is also a member of the reit manager for Sunway Real Estate Investment Trust.

Some of her earlier milestones include raising RM435 million under an asset-backed securitisation exercise for Sunway City Berhad in 2003 – a deal that saw reduction in the gearing for the company, enhanced earnings per share as well as expansion of its property development business, healthcare and others at a lower cost.

A strong advocate for human capital development and diversity in the workplace, Sarena led the charge to modernise Sunway's work culture, introducing best practices to encourage a more diverse, flexible and enriched workforce.

Sarena currently sits on the board at Sunway Berhad and Sunway REIT. Her directorships in other public companies include SunREIT Capital Berhad, SunREIT Unrated Bond Berhad and Sunway Lagoon Club Berhad. She is also a trustee on Yayasan Raja Muda Selangor.

Sarena was one of two CEOs awarded The Edge Malaysia Outstanding Property CEO Award in 2017, and has continued to lead Sunway Property to be amongst Malaysia’s Top Property Developer ranked by The Edge since 2014.

Sarena earned her Master of Business Administration from Melbourne Business School and has a Bachelor of Commerce Degree in Accounting and Finance from University of Western Australia. She is a member of CPA Australia and also a holder of the Capital Markets Services Representative's Licence (CMSRL).

Salleh Hassan ICDM(F)

Board of Director, appointed on 19 July 2017

Salleh Hassan brings with him years of experience in corporate governance and professional education.

Salleh is currently the Director of Professional Standards & Qualifications with the Securities Industry Development Corporation. He oversees the initiatives and activities that lead towards strengthening the competency and capacity of professionals in the Malaysian capital market via the industry-wide competency framework (ICF), certification and qualification.

As the subject matter expert on corporate governance, Salleh also leads in the development of curriculum, courses and industry insights initiatives. He is involved in a project to develop the ASEAN Corporate Governance Scorecard and thereafter, is an assessor of the Malaysian, Philippines and Vietnamese listed companies against the Scorecard. He also serves as an Associate and as a member of the adjudication committee for the corporate governance award by the Minority Shareholders Watchdog Group (MSWG).

Salleh is a committee member of the Corporate Integrity System Malaysia initiative, a member of the National Advisory Group for the Business Integrity Country Agenda (BICA) study by Transparency International (TI-Malaysia), a member of the judging panel of the Malaysian Sustainability Reporting Award (MaSRA) organised by the Association of Chartered Certified Accountants (ACCA), and a member of the International Integrated Reporting Council Training Advisory Group.

He also advises corporations in their efforts to cultivate corporate governance culture and to develop effective sustainability reporting. He speaks regularly at local and international platforms to directors and senior management of listed and unlisted companies on corporate governance.

He was the Deputy Director of the Nottingham University Business School (Malaysia) between 2005 and 2009. He had published papers on financial reporting, accounting policy choice and corporate governance/sustainability issues and presented them at international conferences.

Salleh obtained a Bachelor of Business (Hons) in Accounting & Finance and also a Master of Business (Accounting) from Edith Cowan University, Australia.

Management
Michele Kythe Lim, President / CEO

Michele brings with her leadership and advisory experience on a wide spectrum of corporate governance and boardroom matters that includes board, committees and director effectiveness evaluation, competency development needs, remuneration and succession planning, legal and compliance, and corporate performance. Her passion in developing high-performing people has been the driving force in making her a forward-looking leader in the corporate sector.

Michele was Group Head, Corporate Secretarial and General Counsel for the last five years with IHH Healthcare Berhad, one of the largest listed healthcare providers globally. She oversaw legal, corporate secretarial and governance functions across several jurisdictions such as Singapore, Turkey, India, Asia Pacific, North Asia and the CEEMENA region while keeping watch on local matters. 

Some of the key areas she was instrumental on includes mergers and acquisitions, takeovers, joint ventures, corporate schemes, and operational matters. She was also on the Board of Directors on a subsidiary board and Chief Sustainability Officer in charge of sustainability reporting and practices for the Group. 

Prior to IHH, Michele spent six years from 2006 to 2012 at Malaysia’s national car manufacturer Proton Holdings Bhd where she held various positions in the Group Legal division, including Chief Legal Counsel. She was also board member of several Proton Holdings Berhad local and foreign subsidiaries and associated companies, member of the Group Management Committee, Management Audit Committee, Group Risk Management Committee, various project steering committees and task forces.

Upon leaving legal practice at Shook Lin & Bok where she specialised in the areas of banking, commercial/corporate, land and tort, Michele joined Pengurusan Danaharta Nasional Bhd in 1998 until 2005 as Assistant General Manager in its Legal Affairs and Risk Division. Here she oversaw negotiations in project conception, acquisitions of syndicated/bilateral domestic and foreign loans, club deals, share sale agreements, and risk participation agreements. 

Michele holds a LLB Hons degree from the University of Wales, Aberystwyth, UK (1991) and is a Barrister-at-Law at Middle Temple, London, England. She has been an advocate and solicitor of the High Court of Malaya since October 1993. She completed the Senior Management Development Programme of Harvard Business School in 2009, Professionalism in Directorship Programme by Malaysian Alliance of Corporate Directors (MACD) in 2012 and the NAM Institute for the Empowerment of Women (NIEW) Women Directors’ Training Programme in 2014. Michele is also a licensed company secretary.

Governance Document

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Securities Commission Malaysia ꓲ Bank Negara Malaysia ꓲ Bursa Malaysia ꓲ Capital Market Development Fund