Dr. Munir started his illustrious career in 1978 as a leader writer for The New Straits Times Press, and progressed to become its group editor. He left NST in 1986 to become CEO of Pertanian Baring Sanwa (PBS), whose name he changed to Commerce International Merchant Bankers (CIMB), which later transformed into one of Malaysia’s leading merchant banks. He was invited by the Government of Malaysia to establish and become the first and founding Executive Chairman of the Securities Commission in 1993, where he served for two terms until 1999.
Upon leaving the Securities Commission, he has served as Chairman on the BOD of reputable organisations across various industries, including Celcom Malaysia, Malaysia Airlines, Bank Muamalat Malaysia, CIMB Asean Research Institute, Institute of Strategic and International Studies (ISIS) Malaysia, and the Malaysian Chapter of the ASEAN Business Advisory Council. Dr. Munir is also an Honorary Fellow of the London School of Economics (LSE), and both started and headed its Southeast Asia International Affairs Programme. He has written for IDEAS publications and published in International Politics, a British academic journal.
In February 2019, Dr. Munir was appointed as a member of the Economic Action Council (EAC), which is chaired by Prime Minister Tun Dr Mahathir Mohamad. The EAC deliberates on decisions affecting the country’s economic and financial matters.
Tan Sri Munir was appointed the Chairman of ICMR in November 2019.
Foo Lee Mei
Foo Lee Mei is the Chief Regulatory Officer (CRO) of the Securities Commission Malaysia (SC). As the CRO, Lee Mei oversees the General Counsel’s Office, Consumer and Investor Office and other affiliates of the SC.
During her tenure at the SC, she has driven many major policy and regulatory reforms for the Malaysian capital market and led several large and complex enforcement actions initiated by the SC.
Lee Mei is a member of the High Level National Coordinating Committee on Anti Money Laundering and actively participates in APG (Asia Pacific Group on Money Laundering) and the Financial Action Task Force Meetings. She is Co-Chair of the Financial Education Network which co-ordinates all financial education initiatives across different segments of the financial market.
Lee Mei was World Bank’s consultant in its project on modernizing the capital market’s regulatory framework for Sri Lanka in 2011. She is currently a board member of the Capital Market’s Promotion Council and the IOSCO Asia Pacific Hub.
Lee Mei graduated from University Malaya with an LLB (Hons First Class) and was admitted to the Malaysian Bar as an Advocate and Solicitor in 1993. She was appointed as an ICMR Board Member in November 2017.
Distinguished Professor Mohamed Ariff Syed Mohamed
Professor Mohamed Ariff is currently a Distinguished Professor and the Head of Department of Economics and Finance at Sunway University. His academic career spans across multiple universities in Singapore, Australia and Malaysia. He has also worked as a visiting professor or visiting fellow at universities such as Harvard (1994); Tokyo University (1989; 1991; 2008); UCD Dublin (1992; 2004) and the University of Melbourne (1994). He has consulted for three stock exchanges, securities commission, the UNESCO, ADB, and private corporations such as the Sandoz Corporation (Swiss), DBS Bank, National Australia Bank.
He is an active researcher in financial economics with contributions appearing in 163 international journals. His publications on Islamic Finance is recognized in that literature while his conference series named Foundation of Islamic Finance is held each year in different parts of the world. He is a series editor for a UK-based publishing house on Finance. He manages an international conference series (Foundation of Islamic Finance) to enable best papers to be published in journals and edit a book published by the Edward Elgar under Islamic Finance Series as its editor.
Professor Ariff was appointed as a board member of ICMR in November 2018.
Dato Dr. Nik Ramlah Mahmood was the Deputy Chief Executive from the Securities Commission Malaysia (SC) before retiring in March 2016, having served 23 years in the organization. Prior to joining the SC, Dato Dr. Nik Mahmood was an Associate Professor at the Faculty of Law, University of Malaya.
Dato' Dr. Nik is renowned for her extensive experience in areas ranging from regulatory policy, legal reform, product and market development, corporate governance, Islamic capital market and investor education and enforcement. She is currently a board member of INCEIF- the Global University of Islamic Finance and a member of its Senate. She also serves as a board member of the Securities Industry Development Corporation (SIDC), a member of the Financial Services Professionals Board (FSPB) and is a board member for Perbadanan Insurans Deposit Malaysia (PIDM).
Dato’ Dr Nik also sits as a board member of several corporate boards including Pemodalan Nasional Berhad (PNB), Amanah Saham Nasional Berhad (ASNB), United Malacca Berhad, Axiata Group Berhad and Edotco Sdn. Bhd
Dato' Dr. Nik Mahmood holds a First Class Honours in Law from University Malaya and a LLM and PhD from University of London.
Dato' Dr. Nik Mahmood was appointed to the Board of ICMR in July 2019.
Dr. Nungsari Ahmad Radhi
Dr. Nungsari Ahmad Radhi was appointed to the Board of ICMR in September 2019. He is currently a Commissioner and the Executive Chairman of the Malaysian Aviation Commission. He is an economist by training and in a career spanning over 30 years, he has been in academia, corporate advisory, economic research, a Member of Parliament and policy advocacy. He holds a PhD in Economics from Purdue University and is a contributing columnist for The Edge since 2000. He is also currently a member of MARA Council, the Public Sector Housing Financing Board and a trustee of the Khazanah Research Institute.