Ramesh Pillai

Chairman, Board of Governors, Institute of Enterprise Risk Practitioners

Ramesh Pillai is the Chairman of the Board of Governors of the International Institute of Enterprise Risk Practitioners (IERP) as well as the Group Managing Director of Friday Concepts, an International ERM (Conventional and Islamic), BCM, Governance, Risk Management and Compliance boutique consultancy. Ramesh is currently a Director of a number of leading Conventional Financial Institution in Malaysia and Islamic Financial Institutions overseas – as well as a former Director of a leading Developmental Financial Institution. His Board experience includes chairing the Board Risk Management Committee, Investment Committee and Audit Committee, as well as membership of the Nomination Committee, Board Collaboration Committee and Remuneration Committee. He is also a nominee Director for a Regional Central Bank.

Additionally, Ramesh is currently an adjunct professor in Enterprise Risk Management at a private University. He is the former Risk Management Adviser to the Public Trustee and one of the largest fund managers in the Region as well as to one of the largest Islamic fund managers in the Region. Ramesh holds a Bachelor of Economics with Accountancy (Honours) degree from Loughborough University in the UK. As part of his degree course, Ramesh specialised in Economics and Banking in general and Islamic Banking in particular.

A Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW) as well as the Malaysian Institute of Accountants (MIA), a Certified Risk Professional (CRP), a certified Enterprise Risk Manager (ERM), a certified Islamic Enterprise Risk Manager (ERMi), a Qualified Risk Director (QRD) and a Qualified Risk Auditor (QRA), Ramesh was also a Regional Director for the Global Association of Risk Professionals (GARP) and was instrumental in the creation of the Malaysian chapter of the Professional Risk Managers International Association (PRMIA). He is an Islamic and Conventional Risk Management resource for the Qatar Investment Authority and is listed in their Q-Finance Directory. Ramesh was a former Risk Management mentor on the ICAEW’s Regional F-TEN program and is a member of the Advisory Board and also on the Panel of Experts of the GlobalRisk Community. Ramesh has also been named a Paul Harris Fellow of the Rotary Foundation of Rotary International in appreciation of tangible and significant assistance given for the furtherance of better understanding and friendly relations among peoples of the world.

With over 30 years of Risk Management experience he is also a recognised Global pioneer in Enterprise Risk Management and in the implementation of ISO 31000, ISO 31004 and 31010 practices. Ramesh started his career with Price Waterhouse’s Financial Institutions specialism in London gaining experience in Audit, Consultancy and Corporate Finance assignments. Succeeding the seven years there, he went on to become the Director of Finance and Administration at Picker International Ltd in London. In 1994, he spent a year as the Chief Financial Officer of Rank Video Services (Europe) Limited before accepting a more challenging job experience through an international assignment. Ramesh was handling the responsibilities of a few roles and travelling between Singapore, Malaysia and Indonesia as the Acting Regional Financial Controller cum Senior Regional Financial Analyst as well as the Indonesian Financial Controller as well as Deputy Country Head for PowerGen International a FTSE 100 (London) listed company in the power and energy industry.

Upon leaving PowerGen, he headed the Portfolio Management and Credit Administration functions in Citibank before accepting a position in a National Asset Management Company as the General Manager of the Risk Management Division. There, Ramesh was responsible for establishing the Enterprise Risk Management function and Risk Management Policy as well as formulating and documenting the various procedures and policies relating to the Operations of the National Asset Management Company. During his tenure there, Ramesh spent a year on secondment to the Central Bank where he was involved in heading a national interest project working closely with the Central Bank’s staff in general and the Bank Regulations, Bank Supervision and Islamic Banking teams in particular. He was also involved in presentations to the National Syariah Advisory Council in an advisory capacity.

Following his assignment at the Central Bank, Ramesh moved back into the Banking sector where he was the Chief Risk Officer for regional Conventional and International Islamic Banks. His responsibilities included guiding and coordinating the group’s Operational and Enterprise Risk Management initiatives.

Ramesh is also a member of the MBA (Enterprise Risk Management) Studies Committee in a leading Private University. He has published articles in international publications, presented various papers on Risk Management in general and Enterprise Risk Management in particular, Corporate Governance and Bank restructuring issues at National, Regional and International forums and is currently writing a book on Enterprise Risk Management.

Chong Sui Wei

Chief Executive Officer

Chong Sui Wei is a charter member, Chief Executive Officer and a Governor of the International Institute of Enterprise Risk Practitioners (IERP®), the premier International Enterprise Risk Management certification body based in London. She is also the Executive Director for Friday Concepts (International), an International Enterprise Risk Management, BCM, Governance, Risk Management and Compliance as well as Anti-Money Laundering and Counter Terrorism Financing (AML/CFT) boutique consultancy which is also the sister company of the IERP®. Sui Wei is also a Director in a Technology start up company dealing with GRC software and was instrumental in the development of the software products and accompanying technology and strategy for the company.

Sui Wei possesses significant consulting (implementation and facilitation experience) in ERM/GRC and Strategic Risk Management across numerous and diverse corporates in Malaysia and recently on Anti-Money Laundering and Counter Terrorism Financing (AML/CFT). They includes enterprise risk management in banks, insurance companies, oil and gas companies, telcos and various other large GLCs, SEDCs and PLCs, establishing Halal manufacturing companies and businesses from scratch, including brand advisory, product development, developing sales and marketing strategies and plans (including licensing, telesales and social media strategies), customer service, corporate strategies, and other related management consulting advice.

Sui Wei holds a Bachelor of Business Organisation with Finance degree from Heriot Watt University in the UK, is a Qualified Risk Director, certified Enterprise Risk Manager and is also a Certified Financial Planner as well as a qualified Islamic Financial Planner. In addition to that, she holds the distinction of being amongst the pioneer batch of financial planners granted the Capital Markets Services License by the Securities Commission of Malaysia in 2004, as well as the Proprietor of Wealth Concepts Consultancy – one of the pioneer fee based Financial Planning Advisory firms in Malaysia. She is a founding member of the Ampang Chapter of Business Network International (BNI). Sui Wei has also been a member of the National Association of Women Entrepreneurs in Malaysia (NAWEM) since 2002 and, in 2005, was shortlisted for the Malaysian Woman Entrepreneur of the Year Award. She has been regularly featured as a financial expert advisor in the Personal Money magazines and the Financial Edge dailies between 2008 and 2013, as well as in Focus Malaysia between 2015 and 2017.

Sui Wei started her career with MBf Group’s Financial Institutions Division specialising in Enterprise Funding and gaining experience in Credit Appraisal and Management, Loan and Financial Restructuring and Management, Loan Recovery, and Financial and Cash Flow Management. She was also involved in advising and helping companies to restructure their financial affairs through assessment of cash flow and financial statements, business environment and industry, analyzing loan structure and composition, analyzing loan repayment, as well as their credit and collection policies.

Sui Wei was also involved in educating various corporations on credit management techniques which included setting up and implementing credit screening and credit control procedures, analyzing and interpreting credit information, credit referencing, credit and collection records, credit evaluation, etc. She also assisted her clients in the sourcing and negotiating of more effective financing options and packages.

Following that, Sui Wei began specialising in the Financial Planning Industry with extensive experience in Risk Assessment and Financial Advisory work. The scope of her work here includes utilising her extensive experience in advising her clients on the evaluation of the various financial products available. Sui Wei is involved in delivering and co-ordinating the delivery of Islamic Financial Planning and Islamic Finance (including Re-structuring) consulting and training regionally.

Daud Vicary Abdullah

Member of the Board of Governors

Daud Vicary Abdullah is the President and Chief Executive Officer of INCEIF, the Global University of Islamic Finance. Daud provides oversight and guidance to clients in all aspects of their Islamic Finance Strategy and Operations. Daud has been in the finance and consulting industry for more than 38 years, with significant experience in Asia, Europe, Latin America and the Middle East. He has experience in all aspects of Banking Operations, in particular, operational processes and internal audit.

He was the Managing Director of DVA Consulting Sdn. Bhd., an Islamic Finance Consultancy that he established in 2008. Under this umbrella, he outsourced two-thirds of his time as Global Leader for Islamic Finance at a major Professional Services firm. Daud was the first Managing Director of a Malaysian banking group’s Islamic Subsidiary, and following that, he became the Chief Operating Officer and Acting CEO at a GCC owned Islamic Banking operation in Malaysia. Daud is a distinguished fellow of the Islamic Banking and Finance Institute of Malaysia (IBFIM); he is also a Chartered Islamic Finance Professional (CIFP) and Vice President of the Association of Chartered Islamic Professionals (ACIFP). He is a former Board member (2003 – 2007) of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), and is a current member of the Board of Governors of the International Academy of Financial Management (IAFM).

Daud holds an Economic and Social History Honours degree from the University of Bristol, England. He is a frequent speaker and commentator on matters relating to Islamic Finance and has been a contributor to a number of books on the subject. He is the author of “Islamic Finance: Why it makes sense” which was published in January 2010.

Abi Sofian Abdul Hamid

Member of the Board of Governors

Abi Sofian bin Abdul Hamid is a member of the Board of Governors as well as the Head of the BCM faculty at the International Institute of Enterprise Risk Practitioners (IERP). Abi is also a Director of Consulting Services at Friday Concepts. He is a member of The Institution of Engineers Malaysia, a Member at Eastern Dredging Association, a Member at American Concrete Institute Malaysia Chapter, and a Member at Harvard Business School Alumni Club of Malaysia.

Mr Abi Sofian holds a Bachelor In Engineering (Civil) from University of New South Wales Australia and a Bachelor in Jurisprudence (External) University of Malaya.He began his career with a construction company in Sydney, Australia and joined a consulting firm reviving an abandoned development project in Selangor in late eighties. He was then offered to spearhead the project management team of the developer before moving to marine engineering with an Australian-based consulting Group. Upon completion of the project he joined Kelang Container Terminal Bhd in 1993 which later became Northport (Malaysia) Bhd and moved through the ranks to lead the company as CEO in 2012, and as Group Managing Director from 2014 to February 2016.