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80 EXIM BANK MALAYSIA
Annual Report 2020

DIRECTORS’ REPORT

DIRECTORS (CONT’D.)
The names of the Directors of the Bank’s subsidiaries in office since the beginning of the financial year to the date of this report are:

Malaysian Export Credit Insurance Berhad
Faidzel Adham bin Sohari (Appointed on 12 January 2021)
Norlela binti Sulaiman
Azhar bin Awang Kechil (Resigned on 12 January 2021)

EXIM Sukuk Malaysia Berhad
Yam Kwai Ying Sharon
Edmund Lee Kwing Mun
Kew Thean Yew
None of the Directors at the end of the financial year held any direct interest in the shares of the Bank or its related companies during
the financial year.

DIRECTORS’ BENEFITS

Since the end of the previous financial year, no Director of the Bank has received or become entitled to receive a benefit (other than
benefits included in the aggregate amount of emoluments received or due and receivable by Directors or the fixed salary of a full
time employee of the Bank as shown in Note 30 to the financial statements) by reason of a contract made by the Bank or a related
company with the Director or with a firm of which the Director is a member, or with a company in which the Director has a substantial
financial interest.

There were no arrangements during and at the end of the financial year which had the object of enabling Directors of the Bank to
acquire benefits by means of the acquisition of shares in, or debentures of the Bank or any other corporate body.
There was an amount of insurance premium expense of RM59,857 for the Directors of the Group and the Bank in respect of their
liability for any act or omission in their capacity as Directors of the Group and the Bank or in respect of costs incurred by them in
defending or settling any claim or proceedings relating to any such liability for the financial year ended 31 December 2020.

ISSUE OF SHARES AND DEBENTURES
There were no changes in the issued and paid up capital of the Bank during the financial year.
There were no issuance of debentures during the financial year.

OPTIONS GRANTED OVER UNISSUED SHARES
No options were granted to any person to take up unissued shares of the Bank during the financial year.