Mr. Steven Choy currently serves as the Non-Independent Non-Executive Chairman of both Zurich Life Insurance Malaysia Bhd and Zurich General Insurance Malaysia Bhd. He is also the Non-Independent Non-Executive Director of Kenanga Investment Bank Bhd and the Non-Independent Non-Executive Chairman of Kenanga Investors Bhd. In addition, he sits on the boards of Hap Seng Plantations Holdings Bhd, Bond and Sukuk Information Platform Sdn Bhd, and Asian Banking School Sdn Bhd.
Mr. Steven Choy also holds the positions of Independent Director and Chairman of the Risk & Audit Committee at MSM Malaysia Holdings Bhd. He previously held senior roles in various financial institutions and served as the President and CEO of Cagamas Berhad for six years, retiring in March 2012.
Dr. Aida Othman is a Board Member of ZICO Shariah Advisory Services Sdn Bhd, where she brings extensive expertise in Islamic banking and finance, Islamic capital market instruments, and takaful products and operations. She provides strategic advice on Shariah compliance and governance, with a strong focus on the legal and regulatory frameworks that underpin Islamic finance. Dr. Aida currently serves as a Shariah committee member at several Islamic financial institutions.
Both appointees bring extensive experience in financial services, public administration, and Islamic finance. Their expertise will enhance Labuan IBFC Inc.’s market outreach initiatives and support its mission to advance the jurisdiction’s strategic goals. These appointments also underscore Labuan FSA’s ongoing commitment to strengthening governance and strategic oversight across its group of entities.
Visit www.labuanibfc.com for more information on Asia’s premier international financial hub.
Labuan IBFC
Lalitha Sivanesan
[email protected]
+603 2773 8984
ABOUT LABUAN IBFC
ASIA'S PREMIER INTERNATIONAL FINANCIAL HUB
Labuan International Business and Financial Centre (Labuan IBFC), Malaysia, through its internationally recognised yet business-friendly legal framework, is the preferred international business and financial centre in the Asia Pacific region.
It offers global investors and businesses the benefits of being in a well-regulated jurisdiction, while providing for fiscal neutrality and certainty, in addition to being an ideal location for substance creation.
Labuan IBFC boasts a wide range of business structures and investment solutions catered to cross-border transactions and international business dealings. It offers services and solutions in niches such as asset leasing, risk management, commodity trading, wealth management, international business companies and Islamic financial services to global businesses looking at penetrating Asia and Asian entities aiming to go global.
Labuan IBFC operates within clear and comprehensive legal provisions, guidelines and practice notes, enforced by a single regulator, Labuan Financial Services Authority.
To keep up with everything about Labuan IBFC, follow us at Facebook or LinkedIn @LabuanIBFC. Alternatively, visit www.labuanibfc.com
