| Date of change | 25 Aug 2015 |
| Name | MR CHEAH TEIK SENG |
| Age | 62 |
| Nationality | Malaysia |
| Designation | Non-Executive Director |
| Directorate | Independent and Non Executive |
| Type of change | Cessation of Office |
| Reason |
Expiry of Bank Negara Malaysia's approval on term of office pursuant to the Financial Services Act, 2013. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of shareholders | No |
| Qualifications |
Fellow of the Institute of Chartered Accountants in England and Wales; Bachelor of Science, University of Manchester, UK. |
| Working experience and occupation |
Cheah Teik Seng served in the Malaysian civil service in the early 1980's. After leaving government service, he took on various roles in the banking and financial services industry both locally as well as in London, Hong Kong and Singapore. He held positions in Public Bank, Chase Manhattan Bank, Merrill Lynch, Goldman Sachs, UBS and in BNP Paribas, where he was its Managing Director for a tenure of nine years. He was appointed as CEO-designate of ECM Libra Avenue Group in 2006. He is currently a Director and partner of Aktis Capital Singapore Pte Ltd. His current directorships in companies within the Maybank Group include as Chairman of Maybank (Cambodia) Plc., Maybank Kim Eng Holdings Ltd and Maybank Agro Fund Sdn Bhd as well as Director of Maybank Investment Bank Berhad and Maybank Kim Eng Securities (Thailand) Public Company Limited. Cheah Teik Seng sits on the boards of other listed companies such as Drillsearch Energy Limited in Australia and MJC Investments Corp. in Philippines. He also sits as director of various private equity companies in Hong Kong and China. |
| Family relationship with any director and/or major shareholder of the listed issuer |
NIL |
| Any conflict of interests that he/she has with the listed issuer |
NIL |
| Details of any interest in the securities of the listed issuer or its subsidiaries |
NIL |
| Remarks : |
Cheah Teik Seng's cessation from office would take effect from the close of business on 25 August 2015. |
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 25 Aug 2015 |
| Category | Change in Boardroom |
| Reference Number | C03-25082015-00005 |