Page 71 - Exim iar24_Ebook

EXIM BANK MALAYSIA ANNUAL REPORT 2024

6 UPHOLDING ACCOUNTABILITY 69

The current Directors are as follows:

1. Dato’ Charon Wardini Mokhzani (Chairman)¹
2. Datuk Bahria Mohd Tamil
3. Encik Raymond Fam Chye Soon
4. Dr Mastura Abdul Karim
5. Encik Abdul Aziz Abu Bakar²
6. Encik Jeremy Lee Eng Huat³
The following Directors served and ceased to be directors during the Financial Year 2024:

7. Dato’ Sandra Wong Lee Yun �
8. Encik Hasli Hashim �
� Appointed with effect from 4 January 2024
� Appointed with effect from 20 May 2024
� Appointed with effect from 1 July 2024
� Term ended with effect from 15 July 2024
� Term ended with effect from 1 December 2024
Separation of Roles of the Chairman and the President/Chief Executive Officer

The Board ensures a clear separation of power between the Chairman and the P/CEO, with distinct roles and responsibilities for
each position. This promotes good governance, transparency, and effective checks and balances between the Board and the
Bank’s operations.

PART 3: BOARD APPOINTMENT/REAPPOINTMENT PROCESS
The process and criteria for appointment and reappointment of Directors are in accordance with the specific policies of BNM,
MKD Guideline, the Bank’s Constitution, and its internal policies and procedures.
The Nomination and Remuneration Committee (NRC) reviews the overall desired composition and required mix or expertise/
experience on the Board. The NRC shall conduct a fit and proper assessment (“FAP”) of the candidates to be appointed or reappointed
before a recommendation is made to the Board for approval. The application for the appointment/reappointment will be submitted
to BNM for verification, and to the Ministry of Finance (“MOF”) for final approval.
In respect of the FAP assessment of a candidate, the NRC considers the following criteria with:

1 2 3
Probity and reputation Competency Financial Integrity
- the candidate must - the candidate must - the candidate must be
have the requisite have the necessary able to manage
qualities such as honesty, qualifications, skills, his debts or financial
integrity, diligence and experience, ability and affairs prudently.
independence. commitment to carry
out the role.

The assessment to determine the fitness and propriety involves a self-declaration by Directors who are to be appointed or
reappointed. The Bank shall take reasonable steps to verify the information against independent sources.