Corporate Governance

Nationality Malaysian
Gender Male
Age 81
Date of Appointment 26 April 2012

Mr Lai was appointed as an Independent Non-Executive Deputy Chairman of Public Bank on 26 September 2017 and was re-designated as Independent Non-Executive Chairman of Public Bank with effect from 1 January 2019. He was re-designated as a Non-Independent Non-Executive Chairman with effect from 26 April 2021, upon reaching the maximum 9 years tenure as an Independent Non-Executive Director.

Memberships of Board Committees:

• Member, Risk Management Committee
• Member, Compliance Committee
• Member, Credit Risk Management Committee
• Member, Board Sustainability Management Committee

Academic/Professional Qualifications:

• Bachelor of Arts (Honours) degree in Economics from the University of Malaya
• Associate of the Asian Institute of Chartered Bankers

Relevant Experience:

Mr Lai has 51 years of experience in the banking and finance related industries. He had served Bank Negara Malaysia for 20 years and the last position held before his resignation in 1985 was as the Deputy Manager, Bank Examination and Internal Audit Department.

Mr Lai had working experience in three finance companies from 1985 to 1994 where he had held senior management positions. Mr Lai was appointed the President/Chief Executive Officer of a Malaysian bank in 1997 until his retirement on 31 December 2000. Upon retirement from full time employment, Mr Lai continued to be engaged in finance related industries through his directorships in various companies.

Present Directorship(s) in Other Public Companies within the Public Bank Group:

• Chairman, Public Financial Holdings Ltd (a public company listed on the Stock Exchange of Hong Kong)
• Chairman, Public Bank (Hong Kong) Ltd
• Director, Public Bank (L) Ltd

Nationality Malaysian
Gender Male
Age 81
Date of Appointment 18 June 1997

Tan Sri Dato’ Sri Dr. Tay Ah Lek was appointed as an Executive Director of Public Bank on 18 June 1997 and was re-designated as Managing Director & Chief Executive Officer with effect from 1 July 2002.

Membership of Board Committee:
Nil

Academic/Professional Qualifications/Memberships:
Academic/Professional Qualifications

• Master’s degree in Business Administration from Henley, United Kingdom
• Alumni of Harvard Business School
• Emeritus Fellow of the Malaysian Institute of Management
• Fellow, Chartered Banker, of the Asian Institute of Chartered Bankers
• Fellow of CPA Australia
• Fellow of the Financial Services Institute of Australasia

Memberships

• Chairman of the Association of Hire Purchase Companies Malaysia
• Council Member of the Association of Banks in Malaysia and the Asian Institute of Chartered Bankers

Relevant Experience:
Tan Sri Dato’ Sri Dr. Tay Ah Lek has 63 years’ experience in the banking and finance industry. He joined the Public Bank Group as a pioneer staff in 1966. He was the Executive Vice-President of Public Bank from 1995 to 1997 and prior to this  appointment, he was the Executive Vice-President of the former Public Finance Bhd.

Present Directorship(s) in Other Public Companies:
Public Bank Group

• Chairman, Public Mutual Bhd
• Director, Public Investment Bank Bhd
• Director, Public Islamic Bank Bhd
• Director, Public Bank (Hong Kong) Ltd

Other Public Companies

• Director, Cagamas Holdings Bhd
• Director, Ombudsman for Financial Services

Nationality Malaysian
Gender Female
Age 67
Date of Appointment 29 April 2014

Ms Cheah was re-designated as a Non-Independent Non-Executive Director with effect from 29 April 2023, upon reaching the maximum 9 years tenure as an Independent Non-Executive Director.

Memberships of Board Committees:

• Member, Nomination and Remuneration Committee
• Member, Risk Management Committee
• Member, Compliance Committee

Academic/Professional Qualifications:

• Bachelor of Accounting (Honours) degree from the University of Malaya
• Chartered Accountant of the Malaysian Institute of Accountants

Relevant Experience:
Ms Cheah had served Bank Negara Malaysia for 32 years whereby she was involved in all aspects of banking regulation from formulation of policies/regulations/guidelines to the administration of different legislations governing financial institutions. She was also involved in formulating and executing strategies and policies for payment systems, administering the legislations, oversight of the payment systems and payment instruments, development of the payment infrastructure to support developments in the financial system and promoted the migration to electronic payments.

Present Directorship(s) in Other Public Companies:
Nil

Nationality Malaysian
Gender Male
Age 65
Date of Appointment 27 December 2018

Memberships of Board Committees:

• Member, Nomination and Remuneration Committee
• Member, Risk Management Committee
• Member, Compliance Committee

Academic/Professional Qualifications:

• Barrister-at-Law from the Middle Temple, United Kingdom
• Bachelor’s Degree in Science (Honours) from the University of Manchester Institute of Science & Technology, England
• Degrees in Law from Cambridge University, Oxford University and Chicago-Kent College of Law

Relevant Experience:
Mr Lee has 25 years of experience in legal matters, with 13 years of experience in legal practice, principally in commercial and corporate matters.

Present Directorship(s) in Other Public Companies:
Public Bank Group

• Director, Public Financial Holdings Ltd (a public company listed on the Stock Exchange of Hong Kong)
• Director, Public Bank (Hong Kong) Ltd

Other Public Company

• Director, LPI Capital Bhd (a public company listed on the Main Market of Bursa Malaysia Securities Bhd)

Nationality Malaysian
Gender Male
Age 72
Date of Appointment 22 January 2019

Memberships of Board Committees:

• Chairman, Nomination and Remuneration Committee
• Chairman, Audit Committee
• Member, Risk Management Committee
• Member, Compliance Committee
• Member, Credit Risk Management Committee

Academic/Professional Qualification:

• Master’s degree in Business Administration from Northland Open University, United Kingdom

Relevant Experience:
Dato’ Mohd Hanif has vast experience in corporate finance and consumer banking including strategic planning, risk management, rehabilitation and restructuring debts, property development, property investment and manufacturing and road maintenance. He was the former Chief Executive Officer of Credit Corporation (Malaysia) Bhd, where he had served for over 26 years, and he had held various senior management positions.

Present Directorship(s) in Other Public Companies:
Public Bank Group

• Director, Public Mutual Bhd

Other Public Company

• Chairman, Sivash Holdings Bhd

Nationality Malaysian
Gender Female
Age 67
Date of Appointment 1 June 2019

Memberships of Board Committees:

• Chairperson, Compliance Committee
• Member, Nomination and Remuneration Committee
• Member, Audit Committee
• Member, Risk Management Committee
• Member, Board Sustainability Management Committee

Academic/Professional Qualifications:

• Bachelor of Science (Honours) degree in Mathematics from the University of Malaya
• Postgraduate Diploma in Computer Science from University of Malaya

Relevant Experience:
Ms Tham possesses extensive experience in IT systems, capabilities and applications from her tenure of 26 years in IT functional areas in one of the largest banking groups in Malaysia.

Present Directorship(s) in Other Public Companies:
Nil

Nationality Malaysian
Gender Male
Age 58
Date of Appointment 5 April 2021

Memberships of Board Committees:

• Chairman, Board Sustainability Management Committee
• Member, Nomination and Remuneration Committee
• Member, Audit Committee
• Member, Risk Management Committee
• Member, Compliance Committee

Academic/Professional Qualifications:

• Bachelor of Science in Economics degree majoring in Accounting and Finance from the Wharton School of Business, University of Pennsylvania, USA
• Bachelor of Applied Science (Systems Engineering) degree from the School of Engineering and Applied Science, University of Pennsylvania, USA

Relevant Experience:
Mr Lim’s main business training and expertise are in accountancy and finance, where he had previously served in Deloitte & Touche and Johnson & Johnson Medical Malaysia. He is presently the Chief Commercial Officer of Hotel Equatorial Management Sdn Bhd.

Present Directorship(s) in Other Public Companies:
Public Bank Group

• Director, Public Financial Holdings Ltd (a public company listed on the Stock Exchange of Hong Kong)
• Director, Public Bank (Hong Kong) Ltd

Other Public Company

• Director, JcbNext Bhd (a public company listed on the Main Market of Bursa Malaysia Securities Bhd)

Nationality Malaysian
Gender Female
Age 62
Date of Appointment 1 July 2021

Memberships of Board Committees:

• Chairperson, Risk Management Committee
• Member, Nomination and Remuneration Committee
• Member, Audit Committee
• Member, Compliance Committee
• Member, Board Sustainability Management Committee

Academic/Professional Qualifications:

• Certified Public Accountant of the Malaysian Institute of Certified Public Accountants
• Chartered Accountant of the Malaysian Institute of Accountants

Relevant Experience:
Ms Gladys has more than 35 years of experience in providing assurance and advisory services to her clients during her professional career, which includes public listed companies, multinational companies, Government agencies and regulators as well as non-governmental organisations. She was a partner for more than 20 years, in Arthur Andersen and Ernst & Young and concurrently, she held other senior management positions in Asia Pacific Advisory and Asean Advisory, Ernst & Young.

Present Directorship(s) in Other Public Company:
Public Bank Group

• Director, Public Mutual Bhd

Nationality Malaysian
Gender Female
Age 59
Date of Appointment 1 November 2023

Memberships of Board Committees:

• Chairperson, Credit Risk Management Committee
• Member, Audit Committee
• Member, Risk Management Committee
• Member, Compliance Committee

Academic/Professional Qualification:

• Bachelor of Economics in Accounting and Finance from Monash University, Australia
• Member of Asian Institute of Chartered Bankers

Relevant Experience:
Ms Teoh has over 35 years of extensive and diversified corporate and investment banking experience in the regional financial markets. She worked with two leading banking groups and has in-depth knowledge in corporate advisory, structuring and origination of banking and capital markets transactions. Her management experience includes strategic planning, risk underwriting and management, portfolio and capital management, policies formulation and corporate governance.

Present Directorship(s) in Other Public Companies:
Nil