People: Malayan Banking Bhd (MBBM.KL)
23 Aug 2019
Datuk R. Karunakaran is Senior Independent Non-Executive Director of Malayan Banking Berhad. Additionally, he serves as Chairman of Nomination and Remuneration, Employees' Share Scheme, Employees’ Share Grant Plan Committees of the Board and a member of the Risk Management Committee. He joined the Malaysian Investment Development Authority (formerly known as Malaysian Industrial Development Authority) ("MIDA") in August 1972 and served in various positions including Deputy Director, Director, Deputy Director-General and Director-General. He also served as the Director of MIDA Singapore, Cologne (Germany) and London (England). Having served MIDA for about 36 years, Datuk R. Karunakaran retired as the Director-General of MIDA in June 2008, a position he held for about 4 years. During Datuk R. Karunakaran's service with MIDA, he was responsible for the promotion and coordination of the development of the manufacturing and services sector in Malaysia including promoting domestic and foreign investments in Malaysia. He was a member of the Cabinet Committee on Investment for High Impact Projects. He was also a member of 'PEMUDAH', a special task force set up by the Prime Minister to facilitate business, improve public service delivery systems in terms of process, procedures, legislation and human resources. His current directorships in companies within the Maybank Group include as Chairman of Etiqa Insurance Berhad, Etiqa Takaful Berhad, Etiqa International Holdings Sdn Bhd and Maybank Ageas Holdings Berhad as well as director of Maybank (Cambodia) Plc. Datuk Karunakaran also sits on the boards of several public listed companies such as Integrated Logistics Berhad, IOI Corporation Berhad and Bursa Malaysia Berhad.
|Total Annual Compensation, MYR||490,613|
|Restricted Stock Awards, MYR||--|
|Long-Term Incentive Plans, MYR||--|
|All Other, MYR||--|
|Fiscal Year Total, MYR||490,613|