Tune Protect Group has appointed Dato’ Mohamed Khadar bin Merican (pictured above) as its new chairman of the board of directors.
Mohamed Khadar succeeded Ng Siek Chuan, who was named a non-independent director following the expiry of his nine-year term of office on Tuesday. Ng joined the board as independent non-executive director on Oct. 5, 2012, before being appointed as chairman on May 22, 2017.
“I would like to welcome and congratulate Dato’ Mohamed Khadar on his appointment as the new chairman of the board,” Ng said. “It has been an honour for me to have held the role and I believe that with the baton passed, he will lead Tune Protect on the right track in achieving its aspirations.”
Mohamed Khadar has more than 40 years’ experience in financial and general management. Between 1988 and 2003, he held various senior management positions, including president and chief operating officer, in the former Pernas International Holdings. In 2013, in his capacity as chairman of RHB Capital, Mohamed Khadar was named chairman of the year by the Minority Shareholders Watchdog Group (now known as Minority Shareholders Watch Group) at its ASEAN Corporate Governance Index Awards 2013.
He is a fellow of the Institute of Chartered Accounts in England and Wales and a chartered accountant of the Malaysian Institute of Accountants. He is also a director of AirAsia Group, BNP Paribas Malaysia and Iris Corporation.