Dr. Tan Chong Koay (Non-Independent)
Dr Tan is the Founder/Chief Strategist & Executive Chairman of Pheim Asset Management Sdn Bhd.
He has been in the fund management industry for over 46 years. He is a Chartered Fellow of Chartered Management Institute (UK) and Fellow of the Institute of Financial Accountants (UK).
From 1976 to 1981, Dr. Tan was with South East Asia Development Corporation Berhad (SEACORP) (now known as Amanah Capital Partners Bhd), an investment holding company that owned the first unit trust company in Malaysia and Singapore. He was responsible for advising individuals and institutional clients.
After his tenure at SEACORP, Dr. Tan joined Arab-Malaysian Merchant Bank (now known as AmInvestment Bank Berhad) in 1981 for 7.25 years as the first Head of the Investment Services division. During his time there, he built up the division from a two to a 65-man strong team with the capabilities to provide a full range of services. In 1987, as the first Executive Director of Arab – Malaysian Unit Trusts Berhad (now known as AmInvestment Bank Berhad), he designed, developed and launched Arab-Malaysia Gilts – the first unit trust in Malaysia to invest solely in Malaysian government and bank-backed securities. In the same year, Dr. Tan participated actively in organising and promoting the concept of raising funds from American investors to invest in Malaysian companies through Malaysia Fund Inc., the first Malaysia closed-ended country fund managed by Morgan Stanley and listed in NYSE in May 1987. During that year, Dr. Tan was rated by William Mercer Zainal Fraser as the top manager for retirement & pension funds in Malaysia.
Dr. Tan joined DG Bank-GZB (Asia) Ltd, a merchant bank in Singapore, in 1988 for 2 years and was the Head of Investment Management Division, servicing private and institutional clients.
In 1990, Dr. Tan moved to John Govett (Asia) Pte Ltd (later known as AIB Govett) as the first Director of Portfolio Investments, for 3.5 years. In 1992, he managed The Malaysian Emerging Companies Fund (an original size of US$75m) and supervised the Singapore SESDAQ fund until November 1993.
Dr. Tan is the founder of Pheim Asset Management Sdn Bhd (Pheim Malaysia) and Pheim Asset Management (Asia) Pte Ltd (Pheim Singapore) which started operations in 1994 and 1995 respectively. Dr Tan is the Chief Strategist of Pheim Malaysia since 1994 and the Chief Strategist of Pheim Singapore since 1995 except for the period from 2011 to 2015. He is the Executive Chairman of Pheim Malaysia and the Chief Executive Officer of Pheim Singapore which specialises in investing in the ASEAN and Asia ex-Japan region.
Dr. Tan was a Chief Examiner in the Investment paper for Institute of Bankers in Malaysia (from January 1997 to December 2007). He was a committee representative on the Executive Committee of the Investment Management Association of Singapore (IMAS) from 2004 to 2009. Dr. Tan is a member of the Investment Advisory Committee of Lee Kuan Yew Fund since 2004 and a member of the Investment Advisory Committee of the Lee Kuan Yew Fund for Bilingualism Ltd for 3-year period, both ending March 1, 2015.
Reputed for his acute sense of market timing and stock selection, Dr. Tan was labelled as the “King of the Second Board” in Malaysia for his well-timed investments in small-cap companies in 1995/1996. He was named “Southeast Asia’s small-cap King” in a Bloomberg article in August 2006. In 2008 & 2010, he was awarded “Best of the Best Award, CEO of the year for Malaysia” by Asia Asset Management, a Hong Kong based publisher of the Journal of Investments and Pensions.
Dr Tan is recognized within the fund management industry for his wealth of experience and his long and excellent performance track record. Among his best records, Pheim SICAV-SIF – ASEAN Emerging Companies Fund which he launched in 1995 took the top position for all the 1- to 20-year periods among all Equity ASEAN of Lipper Global Classification under International Offshore Universe in terms of total returns in US Dollars on the Fund’s 20th anniversary, February 3, 2015. The fund returned 497.37% (in USD terms) which far outperformed the 2nd position fund which returned 94.52% (in USD terms) and FTSE AW ASEAN CR (in USD terms) which returned 44.56%. Additionally, Dana Makmur Pheim which he launched in 2002 was ranked number one by Lipper IM for the 10-year period for 11th consecutive year in the Islamic Mixed Asset MYR Balanced – Malaysia category ended from 31st December 2012 until 31st December 2022. Dana Makmur Pheim was also ranked number one by Lipper IM for the 15-year period for 6th consecutive year in the same category ended 31st December 2017, 2018, 2019, 2020, 2021 and 2022. Pheim was also ranked number one by Lipper IM for the 20-year period for 2nd consecutive year in the same category ended 31st January 2022 and 2023. As of to date, Dana Makmur Pheim has won a total of 56 Refinitiv Lipper Fund Awards of which 35 awards are under the category of Malaysia Islamic & Malaysia Provident and 21 awards are from the category of Global Islamic. Also noteworthy is his largest Malaysian mandate belonging to the largest provident fund in Malaysia outperformed the benchmark by a large margin for the 26-year period ending March 2023.
In 2010, Dr. Tan was awarded “China Top 10 Financial Intelligent Persons Special Award 2010” by People’s Republic of China. Also in 2010, Dr. Tan was awarded the Outstanding Entrepreneurship Award by Enterprise Asia. In 2012, he was awarded “Most Respected Chinese Entrepreneurship Award in Asia Pacific” by China Economic Trading Promotion Agency, People’s Republic of China. In 2014, Dr. Tan was named one of the 80 Global Chinese Eminent Business Leaders by Beijing-based The China Daily. Dr Tan was named “Market Wizard of Malaysia” by the Beijing-based The China Daily on March 14 & 15, 2015. In 2016, Dr Tan was awarded the “Asia Pacific Entrepreneurship Awards 2016” under the Financial Services industry category by Enterprise Asia. He was named “The Warren Buffett of Asia” by World Wealth Creation Conference in The Straits Times, Singapore (April 20, 2017) for being one of the best performing fund managers and for truly enhancing value-investing. Dr Tan was also awarded the “National Outstanding Entrepreneurs Lifetime Achievement Award” by the Kingsley Strategic Institute For Asia Pacific (KSI) in March 2021.
Dr. Tan Chong Koay was conferred the 2022 ASEAN Distinguished Entrepreneur Lifetime Achievement Award at the 2022 ASEAN Leadership and Partnership Forum which was officiated by the Prime Minister of Cambodia, H.E. Samdech Decho Hunsen at Hyatt Regency Hotel, Phnom Penh, Cambodia in September 2022.
Dr Tan is the author of his bestselling book “Rising Above Financial Storms” published in late 2015.
Mr. Teh Song Lai (Alternate Director to Dr. Tan Chong Koay - Non-Independent)
Started his career in 1995, Mr. Teh brings along over 28 years of experience in the financial services and capital market industry and has held senior positions in various financial institutions. He joined Pheim Unit Trusts Berhad (PUTB) in December 2017 and was appointed as the CEO in May 2018. In July 2020, he was then assigned to helm and bring Pheim Asset Management Sdn Bhd (PAMSB) to a greater height before returning to PUTB in August 2022 after 2 years of fruitful stint at PAMSB.
Throughout his tenure across the two firms, he has been instrumental in formulating business strategies, driving revenue uplift and AUM growth, strengthening operational effectiveness and organizational transformation, upholding risk and compliance culture, enhancing cybersecurity and promoting continuous human capital development for succession planning. He also thrives in establishing strategic partnership with institutional distributors to grow the market share, optimise costs, and expand into new markets.
Mr. Teh is a Business Management graduate from Tunku Abdul Rahman University College and holds a professional qualification from the Institute of Chartered Secretaries & Administrators (U.K.).
Mr. Hoi Weng Kong (Independent)
Mr. Hoi Weng Kong studied Law at the University of Buckingham, England and graduated in 1991 with Second Class (Upper) Honours. After completing his solicitors’ finals, he returned to Malaysia and worked in an accounting and taxation firm, specialising in corporate and personal taxation. He subsequently qualified as a Certified Chartered Accountant (ACCA, UK) and a Chartered Accountant (MIA, Malaysia) in 1996. Presently, he is the Managing Director of Linden Bucks Sdn Bhd, a vendor and manufacturer of centralized vacuum system, and distributor of software and equipment for scientific research.
Mr. Lee Seng Young (Independent)
Mr. Lee Seng Young is a Fellow of the Association of Chartered Certified Accountants, United Kingdom, a Fellow of the Chartered Accountant, Singapore and a Chartered Accountant, Malaysia. He has over thirty years of experience in the unit trust industry during which he had been in charge of the entire unit trust operations, finance, product establishment & development, and was also involved in managing equity portfolios.
Prior to his appointment to the board of PUTB, he was with RHB Asset Management Sdn Bhd where he was responsible for the regional operations of the RHB Group Asset Management companies across Malaysia, Singapore, Hong Kong and Indonesia. Mr. Lee Seng Young was appointed as an independent director of PUTB on 1 July 2016.
Ms. Nicole Rosenah Faqir Muhammad (Independent)
Ms. Nicole Rosenah Faqir Muhammad is a consummate professional who brings along with her over 33 years of professional experience in the field of Human Resources. Her experience spans the space of finance, banking, asset management, property development and construction, MNCs, and general leadership. She has strong interpersonal skills and is highly passionate about contributing back to the industry through human capital development.
During her career, she has assumed various responsibilities and led task forces as well as taken on senior management positions. In one of her previous roles, she had recruited more than 6,000 executives over the period, whom the recruits range from entry-level executives to experienced top management for the group. Hence, she has a wealth of knowledge and experience in a wide range of areas in human resources. Puan Nicole has also been appointed as Director in Pheim Asset Management Sdn Bhd, Pheim Islamic Assest Management Sdn Bhd and Pheim Unit Trusts Berhad.