Board of Directors - Who We Are | AHAM Asset Management Berhad

GEN. DATO' SERI DIRAJA TAN SRI (Dr.) MOHD ZAHIDI BIN HAJI ZAINUDDIN (R)

Chairman & Independent Non-Executive Director

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DATO' TENG CHEE WAI

Managing Director & Non-independent Director

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XUAN WANG

Non-Independent Non-Executive Director

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ALVIN LIM CHIAW BENG

Non-Independent Non-Executive Director

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ELEANOR SEET OON HUI

Non-independent Director

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FARIDAH BINTI ISKANDAR

Independent Non-Executive Director

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GEN. DATO' SERI DIRAJA TAN SRI (Dr.) MOHD ZAHIDI BIN HAJI ZAINUDDIN (R)

Chairman & Independent Non-Executive Director

Tan Sri Zahidi has been on several esteemed boards of many public and private companies. He currently sits on the boards of Cahya Mata Sarawak Berhad, Genting Plantations Berhad, Genting Malaysia Berhad, Only World Group Holdings Berhad, SOGO (K.L.) Department Store Sdn Bhd and Nishiin-Panmatex (M) Sdn Bhd.

He brings with him a wealth of corporate experience especially in the areas of governance and transparency. Tan Sri Zahidi had a very impressive career including a six-year tenure as the Chief of Defence Forces in Malaysia. He holds a Masters in Science Degree in Defence and Strategic Studies and has completed a Program for Senior Executives in National and International Security at Harvard University's John F. Kennedy School of Government in the United States. During his military career, he had extensive international experience in various peacekeeping missions and regional exercises around the globe.

Tan Sri Zahidi was appointed as Chairman and Independent Non-Executive Director of AHAM Asset Management Berhad ("AHAM Capital") on 29 July 2022.

DATO' TENG CHEE WAI

Managing Director & Non-independent Director

Dato' Teng Chee Wai is the founder of AHAM Asset Management Berhad ("AHAM Capital"). Over the past few decades, he has built the Company to be the fastest growing independent investment management house in Malaysia with RM88 billion in assets under administration as at 28 February 2025.

In his capacity as Managing Director / Executive Director, Teng manages the overall business and strategic direction as well as the management of the investment team. His hands-on approach sees him actively involved in investments, product development and marketing. Teng's critical leadership and regular participation in reviewing and assessing strategies and performance has been pivotal in allowing the Company to successfully navigate the economically turbulent environment.

Teng's investment management experience spans more than 30 years, and his key area of expertise is in managing absolute return mandates for insurance assets and investment-linked funds in both Singapore and Malaysia. In addition, Teng is also the Director of Bintang Capital Partners Berhad, AHAM Capital's Private Equity subsidiary.

Prior to his current appointments, he was the Assistant General Manager (Investment) of Overseas Assurance Corporation (OAC) and was responsible for the investment function of the Group Overseas Assurance Corporation Ltd.

Teng began his career in the financial industry as an Investment Manager with NTUC Income, Singapore. He is a Bachelor of Science graduate from the National University of Singapore and has a Post-Graduate Diploma in Actuarial Studies from City University in London.

MS. ELEANOR SEET OON HUI

Non-independent Director

President & Director,
Nikko Asset Management Asia & Head of Asia ex-Japan,

Nikko Asset Management

Eleanor Seet joined Nikko Asset Management in 2011 as the President and Director of the Singapore entity. She became the Head of Asia ex-Japan in 2015 with expanded responsibility for driving the growth of Nikko AM in the region. She has oversight of Nikko AM’s Singapore and Hong Kong offices and joint venture relationships in China and Malaysia and is a board member of AHAM Asset Management Berhad ("AHAM Capital").

Ms. Seet is a pioneer in the asset management industry with over 20 years of experience. Prior to joining Nikko AM Asia, Ms Seet led the distribution efforts for iShares concentrating on the wealth segments across Asia ex Japan.

Previously, she spent 12 years at AllianceBernstein, where she was responsible for building and developing the firm’s distribution channels and business. In that capacity, she was responsible for the overall strategy and execution of the firm’s product offerings in South East Asia via intermediaries.

She graduated with a Bachelor of Economics from the University of New South Wales, Sydney.

Ms. Seet was appointed as Non-Independent Non-Executive Director of AIIMAN Asset Management Sdn Bhd on 29 July 2022.

ALVIN LIM CHIAW BENG

Non-Independent Non-Executive Director

Mr. Alvin Lim has been with CVC Capital Partners (“CVC”) for over 8 years joining in 2016 and currently heads up Singapore and Malaysia. Prior to joining CVC, he has more than 20 years of experience in the investment banking sector advising clients on Mergers & Acquisitions (“M&A”), Divestitures, Leveraged Financings, Equity Capital Markets and Debt Capital Markets transactions across a wide variety of sectors in Asia and Europe. Alvin has a BSc Economics degree from the London School of Economics specialising in Accounting and Finance and he is also a qualified Chartered Financial Analyst.

Mr. Alvin Lim began his career with the Corporate Finance division of Coopers and Lybrand before joining the Asian M&A team at Schroders International Merchant Bankers (“Schroders”) in Singapore. He subsequently moved to London, UK with Schroders and became part of the Citigroup Investment Banking team when it acquired Schroders in 2000. In the UK, Mr. Alvin Lim worked on a variety of European cross border transactions before returning to Singapore in 2004 to join Ascott Singapore for a brief stint as Vice President of Business Development. He then joined the Investment Banking division of HSBC where he headed the Southeast Asian team before he left in 2016. At HSBC, he was also part of the Singapore Executive Committee and looked after the entire Southeast Asian operations ranging from regulatory, risk and strategy functions.

In his current role at CVC, Mr. Alvin Lim is responsible for all activities within Singapore and Malaysia. He led the investment into Munchy’s in 2018 and successfully exited with the sale to URC in 2021. He was a member of the Board of Directors at Munchy’s driving value creation at the company.

Mr. Alvin Lim was appointed as Non-Independent Non-Executive Director of AHAM Asset Management Berhad ("AHAM Capital") and its wholly owned Islamic asset management subsidiary, AIIMAN Asset Management Sdn Bhd on 29 July 2022.

XUAN WANG

Non-Independent Non-Executive Director

Mr. Xuan Wang is a Managing Director at CVC Capital Partners and is an experienced professional in private equity and corporate finance.

Mr. Xuan Wang started his career with UBS AG’s investment banking department in Hong Kong in 2009, focusing on helping leading banks and insurance companies in the region to raise capital and pursue mergers and acquisition transactions.

Mr. Xuan Wang joined CVC Asia Pacific Limited in 2012, based in Hong Kong and Singapore. He focuses on private equity investment across Southeast Asia. He was a director on the board of SPi Global, a leading outsourced digital services company headquartered in the Philippines, from 2015 to 2017 and a director on the board of Ngern Tid Lor, a leading non-bank lender and insurance broker in Thailand, from 2019 to 2020.

Mr. Xuan Wang was appointed as Non-Independent Non-Executive Director of AHAM Asset Management Berhad ("AHAM Capital") on 29 July 2022.

FARIDAH BINTI ISKANDAR

Independent Non-Executive Director

Ms. Faridah has approximately 20 years of experience working across the public and private sectors in the UK and Malaysia, with about half that time spent in management consulting.

She holds a BA(Hons) and MA in Natural Sciences from the University of Cambridge, and an MSc in Forensic Science from the University of Strathclyde.

Ms. Faridah began her career as a scientist, then spent six years in the UK government's Ministry of Justice. During this time, she was involved in policy reviews, cross-ministerial relationship building, and stakeholder management. She later transitioned to management consulting, joining Capgemini Consulting in London (now Capgemini Invent), where she focused on analytics and organisational transformation projects.

Upon returning to Malaysia, Ms. Faridah joined Boston Consulting Group in Kuala Lumpur. There, she led multiple strategy and implementation engagements across Southeast Asia for public sector clients, GLCs, and industries such as energy and real estate. She worked closely with diverse teams to drive insights, lead client engagements, and advise senior management and boards.

Ms. Faridah currently serves as Head of Southeast Asia for Copperleaf at IFS Solutions, a global enterprise software company. Her role in IFS, effective 6 December 2024, was transferred from Copperleaf Technologies following its acquisition by IFS a few months earlier. She continues to lead regional business development and cross-functional teams, while driving strategic initiatives across Southeast Asia. Her focus spans decision analytics, operating model evolution, product development, recruitment, and brand strategy.

Ms. Faridah was appointed as an Independent Non-Executive Director of AHAM Asset Management Berhad ("AHAM Capital") on 29 July 2022.