Khazanah Nasional Berhad (“Khazanah”) wishes to announce that Datuk Seri Panglima Andrew Sheng has been appointed as a member of the Board of Directors of Khazanah effective 22 July 2008. His appointment further strengthens Khazanah’s Board given Datuk Seri Panglima Andrew Sheng’s extensive experience in the international financial markets.
Datuk Seri Panglima Andrew Sheng, a Chartered Accountant by training, is currently the Chief Adviser to the China Banking Regulatory Commission and a Board Member of the Qatar Financial Centre Regulatory Authority and Sime Darby Berhad. He is also a member of the Advisory Council of the Iskandar Regional Development Authority (“IRDA”), the International Advisory Panel of the Labuan Offshore Financial Services Authority (“LOFSA”), the Governing Council of the International Centre for Education in Islamic Finance (“INCEIF”) and the Advisory Council of the National Institute of Securities Market, India (“NISM”). Datuk Seri Panglima Andrew Sheng is an Adjunct Professor at the University of Malaya and Graduate School of Economics and Management, Tsinghua University, Beijing.
From October 1998 to September 2005, he was the Chairman of the Securities and Futures Commission of Hong Kong, subsequent to his position as the Deputy Chief Executive at the Hong Kong Monetary
Authority between October 1993 and September 1998.
He also served as the Senior Manager of Financial Sector Development at the World Bank from1989 to 1993 and held various positions with Bank Negara Malaysia from 1976 to 1989, including Chief Economist and Assistant Governor.
Datuk Seri Panglima Andrew Sheng holds a first class honours degree in Economics and an honorary doctorate of law from the University of Bristol, United Kingdom