About
LABUAN IBFC
The Midshore International Business and Financial Centre in Asia Pacific
Authority Members
Labuan FSA is governed by a board known as the Authority, whose members are appointed by the Minister of Finance for a term not exceeding three years, after which they are eligible for reappointment.

The current members comprise business leaders from the private sector as well as representatives from the government and statutory bodies. The roles and responsibilities of the Authority include setting the direction and policies relating to the conduct of business activities in Labuan IBFC. The day-to-day administration of Labuan FSA is entrusted to the Director-General.

The members of the Authority include:
Mr. Danial Mah Abdullah

Datuk Oh Chong Peng
Dato’ Mohammed Azlan Hashim
Datuk Ali Abdul Kadir
Tan Sri Dato' Seri Ranjit Ajit Singh
Dato' Zahrah Abd Wahab Fenner
Dato' Khodijah binti Abdullah
Datuk Azhar Ahmad

Mr. Danial Mah Abdullah

Mr. Danial Mah is the Director General of Labuan FSA, the regulatory authority of Labuan International Business and Financial Centre. Mr. Danial assumed the position of Director General on 3 October 2017. Prior to this, he was the Deputy Director General of Labuan FSA, a position he held since 2007. He has been with Labuan FSA since the early years of its establishment and held various positions within the organisation. 

Mr. Danial is a Board member of International Islamic Financial Market (IIFM) and member of its Executive Committee. He is the Chairman of the Financial Stability Committee of Labuan FSA, Labuanfsa Incorporated Sdn Bhd and Pristine Era Sdn Bhd. He also chairs the council of Labuan IBFC Foundation. Mr. Danial is also a Board member of Labuan Corporation, Financial Park (Labuan) Sdn Bhd and Labuan IBFC Incorporated Sdn Bhd. 

Mr. Danial has a Bachelor of Accounting (Hons) from the University of Malaya, Malaysia; and a Masters in Business Administration from the Manchester Business School, UK. He is a Chartered Accountant registered with the Malaysian Institute of Accountants.

Datuk Oh Chong Peng
Datuk Oh is the Chairman of the Alliance Financial Group and Non-Executive Director of the various Board of public listed companies such as British American Tobacco (Malaysia) Berhad, Malayan Flour Mills Berhad, Dialog Group Berhad, WCE Holdings Berhad and a trustee of UTAR Education Foundation.

He was a partner of Coopers & Lybrand Malaysia and a government-appointed member of the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia) as well as the Malaysian Accounting Standards Board.

Datuk Oh is a Fellow of the Institute of Chartered Accountants, England and Wales. He was a council member of the Malaysian Institute of Certified Public Accountants from 1981-2002 and served as President from 1994-1996.

Dato’ Mohammed Azlan Hashim

Dato’ Mohammed Azlan Hashim is Chairman of IHH Healthcare Berhad, D&O Green Technologies Berhad, Marine & General Berhad, Labuan IBFC Inc. Sdn. Bhd. and Universiti Malaysia Terengganu. He also serves as Chairman of the Government Retirement Fund Inc. Investment Panel.

He has extensive experience in the corporate sector, including financial services and investment. Positions he has held include Chief Executive of Bumiputra Merchant Bankers Berhad, Group Managing Director of Amanah Capital Malaysia Berhad and Executive Chairman of Bursa Malaysia Berhad Group. 

Dato’ Azlan holds a Bachelor of Economics (Monash) and qualified as a Chartered Accountant (Australia). He is a Fellow Member of the Institute of Chartered Accountants, Australia, Member of The Malaysian Institute of Accountants, Fellow Member of Malaysian Institute of Directors, Fellow Member of the Institute of Chartered Secretaries and Administrators and Hon. Member of The Institute of Internal Auditors, Malaysia.


Datuk Ali Abdul Kadir
Datuk Ali Abdul Kadir is the Chairman of Jobstreet Corporation Berhad and the Financial Reporting Foundation. He is currently serves as a Board Member of Glomac Berhad and Labuan FSA, and member of the Companies Commission of Malaysia’s Academic Advisory Panel. 

Previously, he was the Chairman of Milux Corporation Berhad and Microlink Solutions Berhad; and Director of Labuan IBFC Inc Sdn Bhd, Development & Commercial Bank Bhd (now RHB Bank), Tokio Marine & Fire Insurance Bhd and Takaful Malaysia Bhd.

Datuk Ali was appointed as the Chairman of the Securities Commission of Malaysia in 1999 and served in that capacity until 2004. He was a member of a number of national committees, including the National Economic Consultative Council, the Foreign Investment Committee, the Oversight Committee of National Asset Management Company (Danaharta) and the Finance Committee on Corporate Governance. On the international front, he was an Executive Committee Member for International Organisation of Securities Commissions (IOSCO); Chairman of IOSCO Asia-Pacific Region Committee and the Islamic Capital Market Working Group; trustee of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and Force of Nature Aid Foundation; and also Advisor to the Sri Lanka Securities and Exchange Commission.

Prior to his appointment at the Securities Commission, Datuk Ali was the Executive Chairman and Partner of Ernst & Young and its related firms. He was also the former President of the Malaysian Institute of Certified Public Accountants. He was Adjunct Professor in the University of Malaya’s Accounting and Business Faculty (2008 till 2011) and later appointed to the Advisory Board of the same Faculty.

Datuk Ali is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW), and member of the Malaysian Institute of Certified Public Accountants and the Malaysian Institute of Accountants. He is also currently Honorary Adviser to ICAEW’s KL City Chapter, and Honorary Fellow of the Institute of Chartered Secretaries & Administrators (UK) and the Malaysian Institute of Directors.

In 2012, Datuk Ali was bestowed the Lifetime Achievement Award by ICAEW’s KL City Chapter, and KL City Chapter, and the President’s Award by the Malaysian Institute of Certified Public Accountants.

Tan Sri Dato' Seri Ranjit Ajit Singh

Tan Sri Dato' Seri Ranjit Ajit Singh is the Executive Chairman of the Securities Commission of Malaysia (SC). He was previously the Managing Director of the SC and has extensive experience in the field of finance and securities market regulation. He also has spearheaded many key initiatives in the development and reform of Malaysia’s capital market.

Tan Sri Ranjit was appointed the Vice-Chairman of the governing board of the International Organisation of Securities Commissions (IOSCO), the global body of capital market regulators and was elected as the Chairman of IOSCO’s Growth and Emerging Markets Committee, the largest committee within IOSCO, representing 107 countries. Tan Sri Ranjit is also Chairman of the ASEAN Capital Markets Forum, a body tasked to spearhead market integration efforts within the ASEAN region and comprises capital market authorities from ASEAN.

Tan Sri Ranjit chairs the Securities Industry Development Corporation, the Malaysian Venture Capital and Private Equity Development Council and the Capital Market Development Fund. He is also the Vice-Chairman of the Asian Institute of Finance and a member of the board of Financial Reporting Foundation and the Malaysian Institute of Integrity.

Tan Sri Ranjit is trained as a financial economist and accountant. He holds a Bachelor of Economics (Honours) degree and a Master of Economics degree in Finance from Monash University, Melbourne. He was conferred the degree of Doctor of Laws honoris causa by Monash University, Melbourne. He is a Fellow of CPA Australia and has worked in academia, consulting and accounting in Australia and Malaysia.


Dato' Zahrah Abd Wahab Fenner

Dato’ Zahrah Abd Wahab Fenner is the Chief Executive Officer (CEO) of the Companies Commission of Malaysia (SSM). Prior to her appointment as CEO on 1 January 2015, she was the Deputy Chief Executive Officer (Services) (DCEO Services), a post she held since the establishment of SSM in 2002. While serving as the DCEO (Services), her portfolio comprised of the Corporate Development and Policy Division, the Corporate Resource Division, the Information Communication & Technology, the Compliance Division, the SSM Training Academy (COMTRAC) and the Corporate Communications Section.

Dato’ Zahrah was appointed as a board member for the Certification of Certified Integrity Officers and is also a member of the Financial Reporting Foundation. She was the chairperson of the SSM Cooperative between 2011 and 2014. In 2016, Dato’ Zahrah was elected as an Executive Committee member of the Corporate Registers Forum which is an association of international corporate registries. Dato’ Zahrah was appointed as Adjunct Professor, Department of Marketing and Entrepreneur Development, College of Business Management & Accounting, Universiti Tenaga Nasional from 5 November 2017 until 4 November 2018.

Dato’ Zahrah began her career as an Advisor Accountant with the Royal Malaysian Customs and Excise Department and served the department from 1984 to 1992 where she advised on matters relating to the valuation and standard international practices of the open market. Dato’ Zahrah was attached to the Ministry of Foreign Affairs as the Principal Accountant from 1992 to 1995 and was responsible for the financial accounts and auditing of the Malaysian Embassies and High Commissions worldwide. Subsequent to that, she joined the Registrar of Companies in 1995 and served as the Chief Accountant until her appointment as DCEO (Services) in 2002.

Dato’ Zahrah who graduated with a Bachelor of Accounting (Hons.) degree from Universiti Kebangsaan Malaysia, is a member of the Malaysian Institute of Accountants and a Chartered Accountant. She is also a member of the Approval and Implementation Committee of the Iskandar Regional Development Authority (IRDA).


Dato' Khodijah binti Abdullah
Dato’ Khodijah Abdullah has been working in public service since 1983. Her first job was as an Assistant Director in the Industries Division, Ministry of International Trade and Industry (MITI). 

Her job functions in the Industries Division, MITI were processing and evaluating applications submitted by electronic and electrical, iron and steel as well as motor vehicle sector for manufacturing licenses under the Industrial Coordination Act 1975 and application for tax incentives under the Investment Incentives Act 1968 and Promotion of Investment Act 1986.

Since 1989 until the present date, Dato’ Khodijah Abdullah has been working in the Tax Division of the Ministry of Finance. She has been involved in policy formulations for the direct and indirect taxes and also for the tax incentives undertaken during the yearly Budget exercise as well as those undertaken outside Budget exercises. She leads the Malaysian delegation to negotiate on an Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and the Tax Information Exchange Agreement. She is also a member for negotiations on other international agreements at the bilateral, regional and multilateral levels such as the free trade agreements (FTAs), Joint Development and Cooperation Agreements, Investment Guarantee Agreements and the General Agreement on Trade and Tariff (GATT) of the World Trade Organization.

Dato’ Khodijah Abdullah holds a Degree in Agribusiness Science from the University Putra Malaysia (1981), Diploma in Public Administration from the National Institute of Public Administration of Malaysia (1982) and Master in Public Administration from the Kennedy School of Government, Harvard University, USA and Certificate in International Tax Program, Harvard Law School, Harvard University, USA (1997).

Datuk Azhar Ahmad
Datuk Azhar Ahmad was appointed as Chief Executive Officer of Labuan Corporation on 9 September 2016. Prior to his appointment in Labuan Corporation, he was Deputy Secretary of Strategic Unit in Planning Office, Ministry of Science, Technology and Innovation.

Datuk Azhar started his career in the Public Services Department and held various positions, among others, as Senior Assistant Director in Research and Policy Division, Senior Assistant Director in Organizational Development Division and Deputy Director of Economic Sector and Administration Sector, Organizational Development Division.

Datuk Azhar Ahmad holds a Masters degree in Human Resource Development from Universiti Putra Malaysia; a bachelor degree in Computer Science (Honours) from Universiti Sains Malaysia; and a Diploma in Public Administration from Malaysia’s National Institute of Public Administration (INTAN).
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