KUALA LUMPUR, MALAYSIA - Media OutReach - 13 December 2021 - Kenanga Investment Bank Berhad ("Kenanga") has appointed Choy Khai Choon as its Non-Independent Non-Executive Director with effect from 13 December 2021.

Choy Khai Choon - Non-Independent Non-Executive Director, KIBB

Choy is currently an Independent Non-Executive Chairman of Zurich Life Insurance Malaysia Berhad and Zurich General Insurance Malaysia Berhad. He is also the Senior Independent Non-Executive Director of Malaysia Marine and Heavy Engineering Holdings Berhad, and an Independent Non-Executive Director of Hap Seng Plantations Holdings Berhad as well as MSM Malaysia Holdings Berhad and serves on the Board Committees of these companies.

In addition to serving as a public interest director of Federation of Investment Managers Malaysia, he is also a member of the Labuan Financial Services Authority as well as a Board member of Asian Banking School Sdn Bhd and Bond and Sukuk Information Platform Sdn Bhd, a non-profit information platform established to provide free public access to information on bonds and sukuk issued in Malaysia.

Bringing in over forty (40) years of extensive experience in the financial sector, he had served as the President / Chief Executive Officer of Cagamas Berhad for six (6) years before retiring in March 2012. Choy also holds a Master in Business Administration from the Oklahoma City University in the U.S. and Bachelor of Commerce from the University of New South Wales, Australia. He is also a Fellow of the Certified Practicing Accountant, Australia and a member of the Malaysian Institute of Accountants.

To learn more about Kenanga, visit www.kenanga.com.my.

About Kenanga Investment Bank Berhad (197301002193 (15678-H))

Established for more than 45 years, Kenanga Investment Bank Berhad (the Group) is a financial group in Malaysia with extensive experience in equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending and trade financing.

The Group has garnered a host of awards and accolades reflecting its strong market position. It was awarded under the categories of Best Overall Equities Participating Organisation by Bursa Malaysia, Best Overall Derivatives Trading Participant, Best Structured Warrant Issuer, Best Retail Equities Participating Organisation, Best Institutional Equities Participating Organisation Investment Bank; along with Best Trading Participant and Best Institutional Equities Participating Organisation and for Equity and Financial Derivatives for 18 consecutive years. The Group was also accorded the title of Best Institutional Derivatives Trading category by Bursa Malaysia.

The Group continues to be a regular and repeat recipient of distinguished industry accolades, such as the Lipper, Fundsupermart and Morningstar awards. For its continued efforts towards community outreach and employee volunteerism, the Group was awarded the coveted Company of the Year award for environmental and sustainability at Sustainability & CS Malaysia Awards 2020. The Group is also a Participant of the United Nations Global Compact and adheres to its principle-based approach to responsible business.

Today, Kenanga Investment Bank Berhad is an award-winning leading independent investment bank in the country with a continuous commitment towards driving collaboration, innovation and digitalisation in the marketplace.

#Kenanga

The issuer is solely responsible for the content of this announcement.