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EXIM BANK MALAYSIA ANNUAL REPORT 2024

7 FINANCIAL STATEMENTS 99
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

Wan Noorazli Maula Wan Suleiman
Hasrin Hj Abdul Rahim (Appointed on 21 November 2024)
Norlela binti Sulaiman (Resigned on 2 April 2024)
Chin Yin Jack (Resigned on 21 November 2024)
EXIM Sukuk Malaysia Berhad

Norhayati binti Azit
Aqeel Bin Mokhtar (Appointed on 7 January 2025)
Muhamad Firdaus Bin Mokhtrar (Appointed on 20 March 2025)
Rupavathy A/P Govindasamy (Resigned on 7 January 2025)
Ng Jui Shan (Resigned on 20 March 2025)
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 below 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.
Directors’ benefits are as follows:

RM’000
Fees 1,615
Other emoluments 36

1,651

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.
The Group and the Bank has maintained a Directors’ and Officers’ Liability Insurance (“Group’s D&O Insurance”) on a group basis up
to an aggregate limit of RM15 million against any legal liability incurred by the Directors and Officers in the discharge of their duties.
The Directors and Officers shall not be indemnified by such insurance for any deliberate negligence, fraud, international breach of
law or breach of trust proven against them.

Total premium amount paid for indemnity insurance effected for the Directors and Officers of the Bank for the financial year
amounted to RM124,000.

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.