Page 116 - SC Annual Report 2018 (ENG)

Securities
Securities
Commission
Commission
Malaysia
Malaysia
ANNUAL
ANNUAL
REPORT
REPORT
2018
2018
Table 1
• to take all reasonable measures to monitor, Attendance at Board meetings
mitigate and manage systemic risks arising
from the capital market; Board Member Number of
meetings attended
1
• to promote and regulate corporate Datuk Syed Zaid Albar 1/1
governance and approved accounting Tan Sri Dato’ Seri Ranjit Ajit 10/10
standards of listed corporations; and Singh 2
Dato’ Ahmad Fairuz Zainol 2/2
• to set and approve standards for professional Abidin 3
qualification for the capital market. Datuk Francis Tan Leh Kiah 4 3/4
Datuk Fazlur Rahman Ebrahim 5 10/11
The Commission also has the functions and powers Tan Sri Dato’ Seri Mohamed 10/11
conferred upon it by or under the securities laws. Jawhar Hassan 6

Tan Sri Dato’ Hasmah Abdullah 11/11
7
Board Meetings Dato’ Dr Mohd Isa Hussain 8 1/2
Emeritus Professor Dato’ Dr 4/5
Hassan Said 9
Eleven Board meetings were held in 2018. The
quorum required is 5. The attendance record is set Datuk Zainal Izlan Zainal 8/8
10
out in Table 1. Abidin
Tan Sri Noorul Ainur Mohd Nur 11 6/8
The work of the Board in governing the SC is Datuk Dr Khaw Lake Tee 12 3/4
facilitated by various board committees established Johan Mahmood Merican 13 2/4
under section 18 of the SCMA, as listed in Table 2.
Ahmad Faris Rabidin 14 1/1

Shariah Advisory Council 1 Appointed to the Board as Executive Chairman of the
SC on 1 November 2018
2 Retired from the Board on 31 October 2018
The Shariah Advisory Council (SAC) is given the 3 Completed tenure as Deputy Chief Executive on
mandate to ensure that the implementation of the 31 March 2018
Islamic capital market (ICM) complies with Shariah 4 Retired from the Board on 17 May 2018
5 Retired from the Board on 31 December 2018
principles. It advises the Commission on all matters 6 Retired from the Board on 31 December 2018
related to the development of ICM, and functions as 7 Retired from the Board on 31 December 2018
a reference centre for all ICM issues. 8 Retired from the Board on 10 March 2018
9 Resigned from the Board on 26 June 2018
10 Appointed to the Board as Deputy Chief Executive of
Members of the SAC are appointed by DYMM the SC on 5 April 2018
Seri Paduka Baginda Yang di-Pertuan Agong. The 11 Appointed to the Board on 5 April 2018
9 SAC members will serve for a three-year period 12 Appointed to the Board on 17 August 2018
13 Appointed to the Board on 17 August 2018
commencing 1 July 2017, as listed in Table 3.
14 Appointed to the Board on 4 November 2018

106 | PART 5 »» STATEMENTS, STATISTICS AND ACTIVITIES
106 | PART 5 »» STATEMENTS, STATiSTiCS ANd ACTiviTiES

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