Datuk Azizan Haji Abd Rahman

Independent Non-Executive Chairman
Joined the Board: 2012
Committees: Nomination and Remuneration

Datuk Azizan became MARC’s Chairman on April 29, 2013. Datuk Azizan had previously served as the Director-General of Labuan Financial Services Authority (Labuan FSA) from July 2005 until his retirement in September 2011. At Labuan FSA, Datuk Azizan spearheaded many initiatives to strategise the financial centre’s deliverables and develop Islamic finance in Labuan in line with the Malaysia International Islamic Financial Centre’s (MIFC) objectives. At the same time, he served on the Boards of Labuan Corporation, Financial Park Labuan Sdn Bhd and Bahrain-based International Islamic Finance Market (IIFM), as well as on the executive committee of the MIFC.

Prior to this, Datuk Azizan was the Director of Banking Supervision at Bank Negara Malaysia (BNM), where he supervised major domestic and foreign banking institutions operating in Malaysia. Datuk Azizan started his career in 1979 with BNM where he worked for 31 years, accumulating a wide range of experience in finance, supervision and examination. During his early tenure with the central bank, he was attached to PricewaterhouseCoopers (1979-1983) and Standard Chartered Bank (1986-1987). He was also a member of the Boards and investment committees of several government bodies, including Kumpulan Wang Persaraan (Diperbadankan) and ERF Sdn Bhd, and an advisor to the Malaysian Accounting Standards Board (MASB).

Currently, Datuk Azizan is the Chairman of MIDF Amanah Investment Bank Berhad, Labuan Financial Services Authority (Labuan FSA), Kensington Trust Malaysia Berhad; and he is also a Board member of Malaysian Industrial Development Finance Berhad, CTOS Holdings Sdn Bhd, CTOS Data Systems Sdn Bhd, City Credit Investment Bank Limited, Cagamas Berhad, Cagamas SRP Berhad, OCBC Bank (Malaysia) Berhad, OCBC Al-Amin Bank Berhad and Danum Capital Berhad. 

Datuk Azizan graduated with a Bachelor of Accounting (Hons) degree from University of Malaya and holds a Master’s degree in Business Administration (MBA) from University of Queensland, Australia. He is a Fellow Member of CPA (Australia) and a Chartered Accountant of the Malaysian Institute of Accountants.

Dato' Muthanna Abdullah

Independent Non-Executive Director
Joined the Board: 2012
Committees: Nomination and Remuneration

Dato’ Muthanna is a Barrister of Middle Temple and an Advocate and Solicitor of the High Court of Malaya. He read law at the University of Buckingham, England and was called to the Bar of England and Wales in 1982 and to the Malaysian Bar in 1983. He is a Consultant at Abdullah Chan & Co.

Currently, Dato’ Muthanna is the Honorary Consul of the Republic of San Marino to Kuala Lumpur.

Dato’ Muthanna is also a Director of Digital Nasional Berhad, IHH Healthcare Berhad, Sapura Resources Berhad, MSM Malaysia Holdings Berhad, Malaysian Life Reinsurance Group Berhad, MSIG Insurance (Malaysia) Bhd, and a Trustee of Yayasan Siti Sapura Husin and The Habitat Foundation.

Leong Bee Lian, Lillian

Independent Non-Executive Director
Joined the Board: 2012
Committees: Nomination and Remuneration; Audit and Risk

Madam Lillian Leong was with Bank Negara Malaysia for 33 years from 1976 to 2009. She served mainly in the Treasury and Investment Operations Department and was the Chief Representative of the London office. On her return to Malaysia in 2006, she was appointed as the Assistant Governor overseeing Treasury & Investment Operations, Exchange Administration and Currency Operations.

Madam Lillian Leong is also currently a member of the Monetary Penalty Review Committee in Bank Negara Malaysia.

Madam Lillian Leong holds a Bachelor of Economics and Politics degree from Monash University, Australia.

Dr. Veerinderjeet Singh


Independent Non-Executive Director
Joined the Board: 2017
Committees: Audit and Risk
Subsidiaries (as Director): MARC Solutions Sdn Bhd (Formerly known as MARC Risk Management Solutions Sdn Bhd)
MARC Learning Sdn Bhd (Formerly known as MARC Training Sdn Bhd)

Dr. Veerinderjeet’s career as a tax specialist spans over 35 years and includes roles as an Inland Revenue Officer, Tax Partner/Executive Director at Arthur Andersen and Ernst & Young in Malaysia; and Associate Professor in Taxation at University of Malaya. He is a member of the Malaysian Institute of Accountants (MIA) and Malaysian Institute of Certified Public Accountants (MICPA) as well as CPA Australia. He is the current President of the MIA and MICPA, and was also the past President of the Chartered Tax Institute of Malaysia (CTIM). A noted authority on Malaysian taxation, he is a frequent speaker on the subject and has authored numerous books and articles in local and international tax, law and accounting journals. He was also a member of the Tax Reform Committee which was established by the Minister of Finance from September 2018 to 2020.

He is the Non-Executive Chairman of Tricor Services (Malaysia) Sdn Bhd (which provides various business expansion, outsourcing, tax advisory, governance and risk management services). He is also an Independent Non-Executive Director of AmBank (M) Berhad and UMW Holdings Berhad, and Director of IBFD Asia Sdn Bhd. 

Dr. Veerinderjeet is also a member of the Board of Trustees of the Amsterdam-based International Bureau of Fiscal Documentation, a member of the Paris-based Tax Commission of the International Chamber of Commerce and a former trustee of the Malaysian Tax Research Foundation.

He received a first-class honours degree in Accounting from University of Malaya and a doctorate from Universiti Putra Malaysia.

Toi See Jong

Independent Non-Executive Director
Joined the Board: 2017
Committee: Audit and Risk
Subsidiaries (as Director): MARC Solutions Sdn Bhd (Formerly known as MARC Risk Management Solutions Sdn Bhd);
MARC Learning Sdn Bhd (Formerly known as MARC Training Sdn Bhd) 
(w.e.f. May 15, 2020)

Mr. Toi See Jong is the CEO of Tokio Marine Life Insurance Malaysia Bhd. He was the former President of the Life Insurance Association of Malaysia (LIAM) from 2015 until March 30, 2018 and presently sits on the Management Committee of LIAM. He is also a Director of Malaysian Life Reinsurance Group Berhad (MLRe).

He qualified as an actuary in the United Kingdom and has 30 years of experience in the insurance industry in Malaysia as well as in China, Singapore and Hong Kong. His previous experience encompassed various roles in major international firms as well as senior positions in early-stage insurance companies.

Mr. Toi holds an honours degree in Actuarial Science Statistics from Heriot-Watt University, Scotland and is a Fellow of the Faculty of Actuaries.

Datuk Seri Dr Nik Norzrul Thani

Independent Non-Executive Director
Joined the Board: 2021

Datuk Seri Dr Nik is Chairman of IIUM Holdings Sdn Bhd (a wholly owned subsidiary of International Islamic University Malaysia) and T7 Global Berhad (formerly known as Tanjung Offshore Berhad). He was appointed by the Minister of International Trade & Industry as the Chairman of Malaysia-Singapore Business Council and is currently Chairman of the Appeals Committee of Bursa Malaysia. Datuk Seri Dr Nik is also Chairman of the Capital Market Compensation Fund Corporation (a corporation set up by the Securities Commission of Malaysia) and is a director of several public companies including Amanah Saham Nasional Berhad, Cagamas Holdings Berhad and MUFG Bank (Malaysia) Berhad.

Datuk Seri Dr Nik is Chairman and Senior Partner at Zaid Ibrahim & Co., the largest law firm in Malaysia and a member of ZICO Law, the premier ASEAN law network with offices in Bangkok, Brunei, Hanoi, Ho Chi Minh City, Vientiane, Melbourne, Phnom Penh, Singapore, Manila and Yangon as well as an associate office in Jakarta. Prior to this, he served Baker & McKenzie in Singapore.

Datuk Seri Dr Nik graduated with LL.B (Hons) from University of Buckingham, Masters in Law (LL.M) from Queen Mary College, University of London, and Ph.D in Law from the School of Oriental and African Studies (SOAS), University of London, and is a Barrister at Law, Lincoln's Inn. In addition, he also possesses a Post-Graduate Diploma in Syariah Law and Practice (with distinction) from the International Islamic University Malaysia, and is a member of Chartered Institute of Marketing (United Kingdom). He is also a Fellow of the Financial Services Institute of Australasia (FINSIA) and has also been admitted as a Practising Member of the Chartered Institute of Islamic Finance Professionals. Datuk Seri Dr Nik was a Visiting Fulbright Scholar at Harvard Law School (1996-1997) and Chevening Visiting Fellow at the Oxford Centre of Islamic Studies, Oxford University (2004/2005). Datuk Seri Dr Nik is also a registered Notary Public.

Datuk Seri Dr Nik is the author of "Legal Aspects of the Malaysian Financial System", and co-author of "The Law and Practice of Islamic Banking & Finance" and "An Introduction to Islamic and Conventional Corporate Finance". He is also presently completing a book "Corporate Governance and Ethics in Malaysia" (to be published by Thomson Reuters Asia Sdn Bhd).

Wendy Cheong

Non-Independent Non-Executive Director
Joined the Board: 2021

Wendy Cheong is currently Managing Director-Regional Head of Asia Pacific for Moody’s Investors Service (MIS), based in Hong Kong. In this role, Wendy develops and leads Moody’s growth strategy in both developed and emerging markets in the region. She is the senior representative for Moody’s in Asia Pacific and is responsible for regional operations, overseeing policy and regulatory outreach, coordinating Moody’s global initiatives, and providing oversight of affiliates, joint ventures and Moody’s domestic market strategies in the region.

A senior management and strategy professional experienced in leading and transforming international business operations, Wendy acts as an Executive Director for majority of Moody’s Asia entities. She also serves as a Non-Executive Director on Moody’s numerous domestic affiliate boards, including Korea Investors Service, Inc., Malaysian Rating Corporation Berhad and ICRA Limited, which is a publicly-listed firm listed on the India Stock Exchange.

Wendy joined Moody's in 2010 as an Assistant Director at Content Strategy in Moody’s Analytics, and has since held senior positions in strategy and management roles across business lines in Hong Kong and New York to build strategic vision, drive business growth and enhance market impact. She has served as Chief of Staff to the President of Moody’s Investors Service; Representative Director for MIS in Hong Kong, while also serving as Senior Vice President – Head of APAC Strategy & Business Management; and Director and Senior Product Strategist at Moody’s Analytics.

Wendy is the Global Executive Sponsor for the Moody’s Women’s Business Resource Group and she currently sits on the Board of the Asian Venture Philanthropy Network (AVPN), a leading non-profit network of over 600 organizations across 34 countries that mobilizes capital for impact investing. She held leadership roles in several external women in finance organizations, including ASIFMA, and founded the Asia Pacific Women’s BRG in Moody’s.

Before joining Moody’s, Wendy held senior strategy, sales and marketing positions at Prudential PLC in Hong Kong, as well as at Singapore Telecoms in Singapore. She holds a BA in Southeast Asian Studies from the National University of Singapore.