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Investment Committee

Mahadzir Azizan

Mahadzir Azizan, a Malaysian, aged 65, was appointed as an Independent Investment Committee Member on 27 December 2006.

Mahadzir is a Barrister-at-Law from the Honourable Society of Lincoln’s Inn, London. After graduation he joined the Judicial and Legal Service of the Malaysian Government as a Deputy Public Prosecutor and Federal Counsel. Subsequently, he ventured into the private sector and served Malaysian International Shipping Corporation (MISC) as Assistant Company Secretary & Legal Adviser. He then was a Director of Corporate Affairs, Island & Peninsular Berhad; the property arm of Permodalan Nasional Berhad (PNB).

Mahadzir currently serves on the Boards of ECM Libra Financial Group Berhad, ECM Libra Investment Bank Berhad, Libra Invest Berhad and Syarikat Takaful Malaysia Berhad, RCE Capital Berhad and Asian Healthcare Group Berhad.

Syed Elias Abd. Rahman Alhabshi

Syed Elias Abd. Rahman Alhabshi, a Malaysian, aged 71, was appointed as an Independent Investment Committee Member on 30 July 2008.

As a seasoned banker, Syed Elias has vast experience in banking industry and has served both local and international banking institutions including Bank Bumiputra Malaysia Berhad, ASEAN Finance Corporation, Merrill Lynch & Co. and Hong Leong Group.

Currently he is the Director of UOB Kay Hian (Malaysia) Sdn Bhd, a member of the Investment Panel for Lembaga Tabung Haji and the Senior Advisor of Threadneedle Investments (S) Pte. Ltd.

Syed Elias holds a Master of Management (with distinction) from Asian Institute of Management, the Philippines.

Vasantha Kumar Tharmalingam

Vasantha Kumar Tharmalingam, a Malaysian aged 66 was appointed as an Independent Investment Committee Member on 11 February 2011.

Vasantha Kumar graduated from the College of Estate Management, London School of Economics with a B.Sc in Real Estate from University of London. He is a Fellow of the Royal Institution of Chartered Surveyors, Fellow of the Institution of Surveyors Malaysia (ISM) and registered as a Real Estate Valuer and Property Consultant with the Board of Valuers in Malaysia.

He established the First Malaysian Property Trust (FMPT), a joint venture between the Bank of Commerce and Austwide, Australia in 1987. Subsequently he left in 1990 to establish the MBF Unit Trust. From 1992 to 1998 he was Executive Director of Taiping Consolidated Berhad (TCB) and was part of the team building the J.W. Marriott Hotel and Starhill Shopping Centre in Kuala Lumpur and originated Sentul Raya for the company, a joint venture with KTM Berhad to develop 270 acres of an inner city brown field project. In 1998 he left TCB and became Chairman of Hall Chadwick Asia Sdn. Bhd. which specializes in the origination of property assets for Pension Funds, Private Equity Funds and Real Estate Investment Trusts (REITs).

Vasantha Kumar was from 2010 to 2013 the Chief Executive Officer of Malaysia Property Incorporated (MPI) which is a Government of Malaysia tasked to promote Malaysia as property investment destination and to induce Foreign Direct Investment (FDI) specifically into Malaysian real estate. From 2013 to 2014 he joined Sunway Berhad as an Executive Director. He is currently the Senior Advisor to AREA Management Sdn Bhd, a private equity funds developing gated industrial projects in Malaysia.

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