ARX Series 24 June 2020
Transformation through Purposeful Leadership
Webinar Presented by CFA Society Malaysia
A masterclass session with Tan Sri Abdul Wahid Omar, Chairman of University Kebangsaan Malaysia (UKM) Board of Directors and Chairman of Bursa Malaysia, and Justin Ong, CFA, President of CFA Society Malaysia.
Tan Sri Abdul Wahid Omar, Chairman of University Kebangsaan Malaysia (UKM) Board of Directors and Chairman of Bursa Malaysia is a profound and humble leader who has played a vital role in Malaysia’s economic growth. His major contributions to the corporate world are overseeing the turnaround of UEM Group and the transformation of Telekom Malaysia and Maybank into leading corporations in Southeast Asia.
In this recorded masterclass session Tan Sri Abdul Wahid Omar and Justin Ong, CFA, President of CFA Society Malaysia speak about various aspects of purposeful leadership, including:
- Experience in the corporate and public sector,
- How purposeful leadership is defined,
- Principles and values that empowered Tan Sri Abdul Wahid Omar to make a change in the Malaysia’s economy,
- Tan Sri Abdul Wahid Omar's views and vision of the current situation, locally and globally.
Watch the Webinar
Tan Sri Abdul Wahid Omar, 56, was appointed as Chairman of Bursa Malaysia on 1 May 2020 and the Chairman of the Board of Directors of Universiti Kebangsaan Malaysia (UKM) on 1 November 2018. He is regarded as one of the most versatile corporate leaders in Malaysia having successfully led four major organisations in infrastructure development, telecommunications, financial services and investment management. He served as Group Chairman of Permodalan Nasional Berhad (PNB), Malaysia's largest fund management company, from August 2016 to June 2018 following completion of his term as a Senator and Minister in the Prime Minister’s Department in charge of Economic Planning from June 2013 to June 2016.
Prior to his cabinet appointment, Tan Sri Abdul Wahid was formerly the President and CEO of Maybank, Malaysia’s largest public listed company and one of the leading banking groups in Southeast Asia, from May 2008. He was credited with transforming Maybank into a regional banking group and a global leader in Islamic finance. Maybank’s ‘Islamic first’ strategy adopted during his tenure enabled Maybank Islamic to extend its lead as the largest Islamic bank in Malaysia and subsequently emerge as the fifth largest Islamic bank in the world. He was also the Chairman of The Association of Banks in Malaysia.
Prior to joining Maybank, Tan Sri Abdul Wahid was the Group Chief Executive Officer of Telekom Malaysia Berhad (TM) from July 2004 until its demerger with Axiata Group Berhad in April 2008. He was credited with transforming TM into a competitive regional telecommunications company with particular emphasis on mobile communications. TM expanded its mobile communications business into Indonesia and Singapore and strengthened its presence in Bangladesh, Cambodia and Sri Lanka during his tenure as CEO.
He was also formerly the Managing Director/Chief Executive Officer of UEM Group Berhad, his first role as CEO at the age of 37. He successfully led the turnaround of UEM Group, Malaysia’s largest infrastructure development conglomerate (which owned PLUS Expressways), following its takeover by sovereign wealth fund Khazanah Nasional in 2001.
Tan Sri Abdul Wahid obtained his Diploma in Advanced Accounting from Luton College of Higher Education, United Kingdom in 1985 en route to completing professional accounting qualification in 1987. He is a member of the Association of Chartered Certified Accountants (ACCA, UK), the Institute of Chartered Accountants in England & Wales (ICAEW) and the Malaysian Institute of Accountants (MIA).
Tan Sri Abdul Wahid has received numerous awards throughout his career. This includes Malaysia's CEO of the Year 2006 award from Business Times/American Express, The Asian Banker's 2013 Leadership Achievement Award for Malaysia and The Edge Value Creator award 2013. He was also awarded the Honorary Doctorate in Economy from Multimedia University, Malaysia (MMU) in 2014 and Honorary Doctorate in Economy & Muamalat Administration by the Islamic Science University of Malaysia (USIM) in 2018.
He was conferred with Panglima Setia Mahkota (PSM) award in 2016 by DYMM Seri Paduka Baginda Yang Di Pertuan Agong for his invaluable contributions to the Country.
Apart from serving as Chairman of Bursa Malaysia and Chairman of UKM, Tan Sri Abdul Wahid is also the Deputy Chairman of Perbadanan Negeri Sembilan, Trustee and Chairman of the Investment Committee of Yayasan Pahang, Trustee of Yayasan Sultan Ibrahim Johor and a member of the Board of Trustees of the nature conservation organisation WWF Malaysia. He is also a Visiting Fellow at the Oxford Centre for Islamic Studies for the 2019/2020 academic year.
Justin Ong, CFA, is currently a Partner with Deloitte Southeast Asia, leading the financial and regulatory risk practice. He has worked with over 50 financial services institutions in the regions, across Asia Pacific, Europe and Africa. He supported Board and C-suites in their transformation programme, focusing on capital, finance, risk, compliance and audit related matters. Within CFA Society Malaysia, Justin served as the Director on the Board since 2015, became Vice President in 2017 and ascended as President in 2019. He was the pioneer for the CFA Society Malaysia's Career Day as well as the Society's Representative in Asia Pacific Research Exchange (ARX). In the past, he was recognized as the finalist of the Asia-Pacific CFA society leader volunteer of the year. Justin holds a Bachelor of Accounting (Hons) from the University of Malaya and he is currently a PhD candidate in Islamic Finance with the International Centre for Education in Islamic Finance ("INCEIF").