BOARD OF DIRECTORS
YAM Tunku Dato' Seri Shahabuddin Bin Tunku Besar Burhanuddin
YAM Tunku Dato' Seri Shahabuddin Bin Tunku Besar Burhanuddin, age 80, a Malaysian, was appointed as an Independent Non-Executive Director to the Board of Axis REIT Managers Berhad on 10 August 2007. On 18 September 2007, he was appointed Chairman of the Board of Directors, and on 23 October 2007, Chairman of the Audit Committee. He is also a member of the Nomination Committee. Tunku Shahabuddin has a vast and illustrious career in the local administrative and business arena with various roles in multinational companies.
Upon graduating from Queen’s University Belfast as a Bachelor of Science (Economics), Tunku Shahabuddin began his career as an economist with Esso (M) Ltd.
He later moved into the finance industry as manager of a finance company within the Malayan Banking Group. Tunku Shahabuddin then started his own businesses, which spanned involvement in the manufacturing, production, trading, construction, finance services and information technology sectors, among others. He currently serves as the Executive Chairman of Strateq Group (formerly known as Kompakar Inc Berhad) and Strateq Systems Sdn Bhd (formerly known as Kompakar eSystems Sdn Bhd) and is also the Deputy Chairman of Iris Corporation Berhad.
Tunku Shahabuddin is Chairman of Berjaya Assets Berhad, Jotun (M) Sdn Bhd and DHL Worldwide Express (M) Sdn Bhd. He was an inaugural member of NISIR (National Institute of Scientific Industrial Research), now known as SIRIM. He is the former Chairman of the Selangor Turf Club and now serves as their International Relations Chairman. He is the Honorary Life Chairman of the Malaysia Australia Business Council after heading the council for 19 years. Tunku Shahabuddin was also the Chairman of the Automobile Association of Malaysia for 23 years, President of the Asia-Pacific Region of the Alliance International de Tourisme, Governing Board Member of the Malaysia Canada Business Council, and a former Committee Member of MASSA (Malaysia South-South Association). He was appointed Honorary Consul General of Austria in 1972.
Among the many awards bestowed on Tunku Shahabuddin is the Darjah Kerabat Terengganu Yang Amat Mulia Darjah Yang Pertama (D.K.) (Terengganu), and the Darjah Seri Paduka Tuanku Ja’afar Yang Amat Terpuji (S.P.T.J.) (Negeri Sembilan). Tunku Shahabuddin was the recipient of the Austrade International Award 2000, an Australian Export Award for outstanding contributions to Australia's international trading performance by a foreign individual based outside of Australia. In 2002, he was also appointed as an Honorary Officer (AO) in the General Division of the Order of Australia Award for his service to Australian- Malaysian Relations by the Governor-General of the Commonwealth of Australia.
Y Bhg Dato' Abas Carl Gunnar Bin Abdullah
Non-Independent Executive Deputy Chairman
Y Bhg Dato’ Abas Carl Gunnar Abdullah, age 56, is a Norwegian and has been a Non-Independent Non-Executive Director of Axis REIT Managers Berhad since 15 March 2005. On 18 September 2007, he was redesignated as Non-Independent Executive Deputy Chairman.
He graduated with a Diploma in Chemistry from the University of Gothenburg, Sweden, in 1980 and a Diploma in Marketing from the University of Oslo, Norway, in 1981. From 1985 to 1993, he was the Managing Director of Jotun Powder Coatings (M) Sdn Bhd.
In 1989 he embarked on a build and lease project with the multinational APV Hills & Mills. In 1992, he teamed up with Stephen Tew Peng Hwee and other investors to build Crystal Plaza. This was followed with the building of Axis Business Park, Axis Plaza and Menara Axis, all of which formed the core portfolio of Axis-REIT upon listing.
He currently serves as a member of the Executive and the Remuneration Committees of the Board of the Manager. He is also a director of a number of private companies which are involved in property development and property investment and has been the director of Axis Development Sdn Bhd (ADSB) since 1999.
Leong Kit May
Chief Executive Officer / Finance Director
Leong Kit May, 39, a Malaysian, is the Chief Executive Officer / Finance Director of Axis REIT Managers Berhad. Equipped with a Bachelor of Business (Accountancy) from RMIT University in Australia, Kit May joined the work force in the late 1990s with Ernst & Young where she gained her audit and accounting experience. She is a member of Malaysian Institute of Accountants and Certified Practicing Accountants of Australia.
In 2001, Kit May joined the UOA Group of companies where she was given the opportunity to specialise in various areas of the property sector including development, construction and investment. In 2005, she got her big break as part of the corporate team and was involved in the successful listing of UOA REIT.
At the age of 30, with several achievements under her belt, Kit May took another leap in her career and joined Axis REIT Managers Berhad in 2006 where she learned the ropes of managing financial and investment portfolios relating to office and industrial "reitable-properties". In 2008, she was promoted to Chief Financial Officer where she garnered more experience in the management of Axis-REIT. In the same year, Kit May also spearheaded the project of converting Axis-REIT into the world's first Islamic Office / Industrial REIT. She also anchored the capital management function of the Fund; from that of equity capital raising, treasury, as well as fund raising to Islamic bond issuance (Sukuk). She has been responsible for the five successful equity placements of Axis-REIT.
Recognised for her acute business sense and professionalism, Kit May was given the opportunity to further climb the rungs of the corporate ladder when, in 2011, she was appointed to the Axis-REIT Board of Directors as Executive Director when she was only 35 years old.
In the following years of 2012 and 2013, Kit May led the launch Axis-REIT's first Islamic Medium Term Notes (Sukuk) issuance programme of RM300.0 million with two tranches of Sukuk of RM110.0 million and RM155.0 million of nominal value. As part of the Board's succession plan, Kit May was being groomed to be the next Chief Executive Officer of Axis-REIT.
In 2015, Kit May made a decisive move when she accepted the Chief Operating Officer's role, adding onto her responsibilities as Finance Director where she continued to manage financial matters of both the Company and the Fund.
In late 2014, Kit May upsized the Sukuk issuance programme further by increasing the existing Sukuk programme size from RM300.0 million to RM3.0 billion to allow for future issuances. Approval of the Sukuk programme's upsizing was obtained at the start of 2015.
With her vast exposure in Islamic Finance and capital management, she has been invited to speak at numerous seminars and conferences in the country. Kit May is also director of Axis REIT Sukuk Berhad.
Stephen Tew Peng Hwee
Non-Independent Non-Executive Director
Stephen Tew Peng Hwee, age 54 and a Malaysian, is a Non-Independent Non-Executive Director of Axis REIT Managers Berhad. He was appointed to the Board on 25 October 2004.
Stephen graduated with a Diploma from the Institute of Marketing, United Kingdom, in 1982, following which he started his career as a real estate agent and today owns the real estate agency Hectares & Stratas. He is the past president of the Malaysian Institute of Estate Agents and served as a board member of the Board of Valuers, Appraisers and Estate Agents from 1998 till 2004.
Together with other investors he has over the past 25 years purpose-built many buildings for investment income which have housed multinationals. In 1992, he teamed up with Dato’ Abas Carl Gunnar Bin Abdullah and other investors to build Crystal Plaza. This was followed with the building of Axis Business Park, Axis Plaza and Menara Axis, all of which formed the core portfolio of Axis-REIT upon listing. Stephen currently serves as a member of the Executive Committee and the Remuneration Committee of the Board. He is also a director of Axis REIT Sukuk Berhad.
Y Bhg Datuk Seri Fateh Iskandar Bin Tan Sri Dato' Mohamed Mansor
Independent Non-Executive Director
Y Bhg Datuk Seri Fateh Iskandar Bin Tan Sri Dato’ Mohamed Mansor are 47, a Malaysian, has been Independent Non-Executive Director of Axis REIT Managers Berhad since 2006. He is also Chairman of the Remuneration Committee and a member of the Nomination Committee.
Better known as Datuk Seri FD Iskandar, he is the Group Managing Director / CEO of Glomac Berhad, a main board property company listed on Bursa Malaysia since June 2000.
Datuk Seri FD Iskandar attended Malay College Kuala Kangsar (MCKK) and later obtained his law degree from the University of Queensland, Australia, beforegoing on to obtain his Masters in Business Administration.
He practised law in Australia before coming back to Malaysia to join Kumpulan Perangsang Selangor Berhad (KPS) as its Corporate Manager. He left KPS to join Glomac in 1992 as General Manager for Business Development and climbed up the corporate ladder. In February 1997, he was appointed to the Board of Glomac Berhad.
Apart from sitting on several private limited companies, Datuk Seri FD Iskandar is the Chairman of Media Prima Berhad, the largest media company in South East Asia with all four private TV stations in Malaysia, radio stations, print media, news media, outdoor advertising agency and many more. He is also a Director of Telekom Malaysia Berhad, Malaysia’s broadband champion and leading integrated information and communications Group. In October 2014, he was appointed as a Director of VADS Berhad, a joint-venture IT company between Telekom and IBM servicing the iT and telecommunications Industry. He was appointed as a City Advisory Board Member for DBKL in November 2014 by His Majesty the King, a post he still holds to-date
He is currently the President of the Real Estate & Housing Developer’s Association (REHDA) Malaysia and Immediate Past Chairman of REHDA Selangor Branch. He was the former Deputy Chairman of the Malaysian Australian Business Council (MABC) and Chairman of Gagasan Badan Ekonomi Melayu, Selangor Branch (GABEM), a body that promotes entrepreneurship amongst Malays in the country. He is the Co-Chair of the Special Taskforce to Facilitate Business Group (PEMUDAH) on Legal & Services. He was one of the founding Directors of MPI, a partnership between the Government and private sector that was established to promote property investments and ownership to foreigners all around the world.
With more than 25 years of experience and involvement in the property development industry, his vast experience and expertise have made him a very well-known and respected figure among his peers locally as well as in the international arena. He is frequently invited as a guest speaker to forums, seminars and conventions to offer his insights, views and share his wealth of experience. He has also given talks both locally and internationally on the property market in Malaysia over the years.
He received the “Malaysian Business Award in Property 2012” and won another award in 2013 from Asean Business Council for Property Excellence. In mid-2013 he was also accorded the “Entrepreneurship Award – Property & Real Estate” by Asia Pacific Entrepreneurship Malaysia. In April 2014, Datuk Seri FD Iskandar was awarded by The Leaders International the “Global Leadership Awards 2014 – Commercial Property Development”. Another winning award was “The Brand Laureate Corporate Leader Brand Icon Award” from the Asia Pacific Brands Foundation. Most recently, he received the “Global Leadership Awards 2015 – Masterclass Developer Of The Year” organised by The Leaders International.
Alvin Dim Lao
Non-Independent Non-Executive Director
Alvin Dim Lao, 44, a Filipino national, was appointed as a Non-Independent Non- Executive Director to the Board and a member of the Audit Committee of Axis REIT Managers Berhad on 30 December 2011.
He graduated with a degree in information technology and statistics from the University of Western Australia and holds a Masters in Business Administration from the Sloan School of Management at the Massachusetts Institute of Technology. Prior to being the Chief Financial Officer of D&L Group, he worked for the Singapore National Computer Board and was also subsequently seconded to the Supreme Court.
He is currently Chief Financial Officer and Executive Vice-President at D&L Industries Inc. and an independent director of Xurpas, Inc., which are public-listed companies on the Philippine Stock Exchange. Alvin is also the Chief Financial Officer at LBL Industries Inc. He is in charge of the financing, development and leasing of the property portfolio of LBL Industries. He also oversees currency hedging, investments, administrative, accounting, legal and human resources. He is part of the executive committee of all companies in the D&L Group.
Mohd Sharif Bin Hj Yusof
Independent Non-Executive Director
Mohd Sharif Bin Hj Yusof, age 76, a Malaysian, was appointed as an Independent Non-Executive Director to the Board of Axis REIT Managers Berhad on 10 August 2007. He is a member of the Audit Committee and Chairman of the Nomination Committee of Axis REIT Managers Berhad. He is also the Senior Independent Director.
Mohd Sharif is a Fellow of the Institute of Chartered Accountants in England and Wales and has had a career spanning both the corporate finance and accounting disciplines. He has served the Selangor State Government (1967-1971) as Senior Accountant in Anglo Oriental Sdn Bhd from 1972-1973 and then joined as Corporate Finance Officer in Bumiputera Merchant Bankers Berhad from 1973-1977. This was followed by a 12-year career as Senior Vice-President and Company Secretary of Manulife Insurance Malaysia Berhad (formerly known as British American Life & General Insurance Company Berhad).
He currently serves on the boards of the following public companies: Ireka Corporation Bhd, Atlan Holdings Berhad and AYS Ventures Berhad.
He is also a Director of Setia Raya Sdn Bhd, a family-owned company since 1989.