KUALA LUMPUR, 7 October 2021 – Tune Protect Group Berhad (“Tune Protect”, “Group”) announces the appointment of Dato’ Mohamed Khadar bin Merican (“Dato’ Mohamed Khadar”) as its Chairman of the Board of Directors (“the Board”) of Tune Protect effective 5 October 2021.
Dato’ Mohamed Khadar has more than 40 years’ experience in financial and general management. He served as an auditor and a consultant in an international accounting firm before joining a financial services group in 1986. Between 1988 and April 2003, he held various senior management positions in the then Pernas International Holdings Berhad, a company listed on Bursa Malaysia Securities Berhad, including those of President and Chief Operating Officer. In 2013, in his capacity as the Chairman of RHB Capital Berhad, Dato’ 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.
“I would like to welcome and congratulate Dato’ Mohamed Khadar on his appointment as the new Chairman of the Board. 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,” said Ng Siek Chuan (“Ng”), Non-Independent Director of Tune Protect.
Dato’ Mohamed Khadar 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 Berhad, BNP Paribas Malaysia Berhad and Iris Corporation Berhad.
“On behalf of the Group, we would like to record our appreciation to Ng for his invaluable contributions and for his guidance throughout his chairmanship. With his wealth of experience and wisdom, he has played an instrumental role in shaping Tune Protect to what it is today,” said Rohit Nambiar (“Rohit”), Group Chief Executive Officer of Tune Protect.
Dato’ Mohamed Khadar succeeds Ng, who will be redesignated as a Non-Independent Director of the Board following the expiry of his 9-year term of office on 5 October 2021. Ng joined the Board as Independent Non-Executive Director on 5 October 2012 before being appointed as its Chairman on 22 May 2017.
