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Copyright © 2022 Credit Guarantee Corporation Malaysia Berhad. Registration No. 197201000831 (12441-M). All rights reserved.
ANNUAL REPORT 2021
Full Annual Report 2021 Financial Statements MSME Success Stories
KEY HIGHLIGHTS
Total Income
RM833.5
million
Revenue
RM205.1
million
Net Profit
RM542.3
million
Total Assets
RM5.2
billion
Liabilities
RM1.0
billion
Equity
RM4.2
billion
Return on Equity*
2.7%
Guarantee Reserve Ratio*
1.7times
Cost-to-Income Ratio*
35.9%
* The ratios are calculated by excluding one-off gain from the disposal of Danajamin and/or Special Purpose Reserve.
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CHAIRMAN’S MESSAGE
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Dear Shareholders,
On behalf of the Board of Directors, I am pleased to present to you the 2021 Annual Report of Credit Guarantee Corporation Malaysia Berhad (CGC).
Dato’ Mohammed Hussein
Chairman
IN CONVERSATION WITH PRESIDENT/CEO
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Dear Shareholders,
Since the beginning of the pandemic, CGC has been supporting our Malaysian MSMEs and up to 31 December 2021, we had committed over RM11 billion to them in the form of guarantee and financing.
Datuk Mohd Zamree Mohd Ishak
President/Chief Executive Officer
BUSINESS MODEL
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  • Financial
    Share Capital
    Our funds are mainly sourced from guarantee fees and other liability instruments, operations and equity. They enable us to manage our business and to finance our development and operating activities in increasing MSMEs’ access to financing. The guarantee and financing/loans base’s growth represents our expanded outreach activities, propelling our core business functions forward in enabling MSMEs to achieve their business objectives.
    RM1.79
    BILLION
    Human
    Total Number of Employees
    Our pride is our employees’ accomplishments. To enhance their capabilities, we invest in their growth and nurture them in a conducive environment, prioritising their career paths and pursuit of their personal goals. We inspire our people to achieve excellence in executing CGC strategies, capitalising on opportunities to aid MSMEs with solutions to improve their viability.
    569
    People
    as at December 2021
    Social And Relationships
    We continuously strengthen our relationships with our stakeholders and relevant societies with whom we collaborate to enhance our social capital. We strive to create an enabling framework for all our stakeholders, incorporating their needs into our business processes, fulfilling our commitments and building long-term value to achieve mutual progress in realising expectations. We constantly seek to establish strategic collaborations with new partners in the evolving ecosystem.
    Intellectual
    Intellectual capital, due to its ingenuity, significantly drives competitive advantage. Among other things, intellectual property includes patents, copyright, organisational structures and software, procedures and protocols. It also consists of the intangibles linked to the brand and credibility that have been created. As part of CGC’s digital transformation, faster approvals, enhanced customer service, new ways of working are the new norm. Repetitive manual procedures have been reduced with robotic process automation. Cybersecurity risks and data protection issues are managed compatibly in line with the same standards demanded by existing FI requirements.
  • Financial
    • Provision of guarantees to strengthen the credit profile of MSME financing with financial institutions, enabling MSMEs to achieve their business objectives.
    • Offering financing for micro entrepreneurs, startups and women entrepreneurs, along with Bumiputera financing, expansion financing and contractual financing.
    • Effective fund management activities to meet targeted returns.
    Support
    • Forging strategic alliances with relevant agencies and trade associations to reach out to more MSMEs.
    • Provision of CGC Developmental Programme™, encompassing Financial Access Advisory and Market Access Advisory activities.
    • Offering a one-stop centre and a seamless digital experience for MSMEs to source and compare financing products on imSME.
    Sustain
    • Maintaining, optimising and investing in our operations, including technology and infrastructure.
    Managing Risk
    • Enterprise-wide risk management that includes Credit Risk; Operational Risk; Strategy, Business and Financial Risk; Market Risk; Regulatory and Compliance Risk; IT Risk and Reputational Risk.
  • Total Income
    RM833.5
    million
    Revenue
    RM205.1
    million
    Liabilities
    RM1.0
    billion
    Equity
    RM4.2
    billion
    Total Assets
    RM5.2
    billion
    Net Profit
    RM542.3
    million
  • Employees
    • Employment opportunities.
    • Investment close to RM800,000 for staff training and development in 2021.
    Regulators
    • Adhered to sustainable practices to safeguard our assets.
    • Complied with regulations to mitigate systemic risk.
    Customers
    • CGC made available to MSMEs over 508,800 guarantees and financing valued at over RM86.8 billion.
    • Over 21,700 guarantees and financing approvals were given for MSMEs in 2021.
    • Guarantee and financing approvals valued at RM6.1 billion were granted for MSMEs in 2021.
    • imSME’s enhanced service for MSMEs includes faster, hassle-free guidance at their convenience to legitimise and authorise channels to source their business financing needs.
    • Since its inception in 2016, our signature CGC Developmental ProgrammeTM has benefited 49,594 MSMEs.
    • Through our associate, Credit Bureau Malaysia, credit information and credit rating services are available to MSMEs to enhance their credibility and bankability to secure financing.
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UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS
  • People
    UNSDG UNSDG UNSDG UNSDG UNSDG
    Business & Operations
    The health and safety of our people and their families continues to be our priority. In the second year of the pandemic, our people adapted to the new norms, yet minimising the impact on productivity. The enablers that the Corporation provided in 2020 and 2021 have helped our people to continue creating value for the Corporation and MSMEs.
    As part of the effort to build a high-performance organisation, continuous upskilling and enhancement of competencies are key priorities, especially in the digital transformation that CGC is currently embarking on. Apart from that, we strive to create value for our people and help them reach their full potential by nurturing employees’ talent through learning and development initiatives.
    Click to view achievements
    Stakeholders
    Employees
    Community
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    e-Learning
    46
    e-Learning modules made available to staff
    93%
    participation rate
    Staff Training and Development
    RM800,000
    Investment in Training and Development
  • Economic Practices
    UNSDG UNSDG UNSDG UNSDG UNSDG UNSDG
    Business & Operations
    Our commitment to our mandate is embedded in all aspects of our business. Throughout the year we continued to innovate to find new ways to deliver better. As we go forward amidst the continuing economic uncertainty, we aim to intensify our focus on providing support to underserved segments and MSMEs to help them build resilience within a disruptive economic environment.
    In support of Malaysia’s 6R National Economic Recovery Strategy, we intensified countercyclical measures to assist targeted MSME groups via our Portfolio Guarantee Schemes, BizJamin TRRF and our BizBina-i Direct Financing Scheme. We continue our significant progress in our financial inclusion journey with our guarantee schemes, as well as the direct financing schemes. These aim to assist targeted MSME groups such as startups, Bumiputera MSMEs and women entrepreneurs.
    We expanded our focus on the developmental perspective to further assist MSMEs with our ‘Beyond Guarantee’ initiatives. Our non-financial assistance programme, CGC Developmental Programme™, also showed significant results in assisting MSMEs in Financial Advisory and Market Access Advisory. Moreover, imSME, Malaysia’s 1st SME Financing/Loan Referral Platform, continued to show strong progress on total number of visitors, number of registered MSMEs and total approvals. Similarly, the number of MSMEs seeking advice from CGC’s advisory unit, MyKNP@CGC, has also increased over the years.
    Click to view achievements
    Stakeholders
    MSMEs
    Shareholders
    Government and Regulators
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    Guarantee Schemes
    Portfolio Guarantee (PG) and Wholesale Guarantee (WG)
    RM2.4 billion > 10,190 accounts
    TRRF (BizJamin)
    RM70.6 million > 636 accounts
    TRRF (PG and PG-i)
    RM2.8 billion > 8,395 accounts
    BizJamin & BizJamin-i
    RM175.0 million > 311 accounts
    Direct Financing Schemes
    TPUB-i
    RM112.6 million approved 108 accounts
    BizMula-i
    RM67.9 million approved 972 accounts
    BizWanita-i
    RM17.2 million approved 297 accounts
    BizBina-i
    RM10.7 million approved 173 accounts
    BizMikro-i
    RM1.7 million approved 304 accounts
    CGC Developmental ProgrammeTM
    49,594 MSMEs benefitted since 2016
    223 MSMEs gained access to new markets
    42,397 MSMEs obtained financing through CGC
    Financial Advisory Team since 2018
    imSME
    Visitors 2,243,505
    Registered MSMEs 52,186
    Approved financing 4,731 applications
    Approved financing RM488 million
    MSMEs referred to capacity-building agencies 42
    MyKNP Programme
    1,656 enquiries received related to MSMEs
  • Corporate Partnerships
    UNSDG UNSDG UNSDG
    Business & Operations
    In enhancing CGC’s financial inclusion effort, improving its services to customers and increasing outreach to MSMEs, CGC maintains its strong relationships with existing strategic partners. It is constantly fostering new collaborations, especially with alternative financiers and fintech players.
    Stakeholders
    Ecosystem Partners
    Government & Regulatory Authorities
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  • Community & Stakeholder Engagements
    UNSDG UNSDG UNSDG UNSDG
    Business & Operations
    Systematic engagement is fundamental to understanding stakeholders’ needs. Our stakeholders and their input are valuable to us and we seek to reach out to them regularly through various platforms as part of the usual course of our business. It is crucial to analyse, understand and respond to the evolving expectations, needs, and issues of our stakeholders in order to advocate principles and programmes that will raise awareness and activate support to enable meaningful actions towards sustainable development.
    We believe that involvement in various community initiatives will increase awareness among our employees of various social and environmental issues and reinforce belief in their critical role in bringing about positive change through sustainable solutions. In line with our aspiration, we are committed to achieving sustainable and meaningful relationships with MSMEs through corporate responsibility programmes (CSR). This will bring positive impact to the community. Our CSR is aligned with our vision to provide society, especially the underserved, the opportunity to enjoy a better life by championing our mandated roles in providing financial inclusion to all.
    Click to view achievements
    Stakeholders
    Ecosystem Partners
    Government & Regulatory Authorities
    NGOs
    Community
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    Corporate Social Responsibility (CSR)
    27
    initiatives in 2021
    Over
    7,000
    beneficiaries, including members of the B40 community
    Internship Opportunity
    13
    interns onboarded
    FSTEP Opportunity
    6
    FSTEP Trainees
  • Environment
    UNSDG UNSDG UNSDG UNSDG
    Business & Operations
    CGC continues to support the development of the Green Technology sector in Malaysia by proceeding with the special financing scheme, Green Technology Financing Scheme 2.0 (GTFS/i 2.0). The number of GTFS accounts in 2021 was 38, valued at RM291.9 million.
    CGC initiated its digital transformation in 2018. The journey to become more digitalised has been continuing through initiatives such as E2E Digital Guarantee, E2E Digital Direct Financing and Guarantee Schemes Straight-through Processing, Green Lane Approval for BizMula-i and BizWanita-i, and TPUB-i Fast Track Processing. These initiatives will lead to more efficient processes, better resource allocation, faster turnaround times and better customer service.
    In December 2021, CGC established a Sustainability Taskforce to expand UNSDGs within CGC. The taskforce is to set the direction and offer guidance on developing and implementing sustainability activities, as well as overseeing and supporting the delivery of the Sustainability Agenda. The taskforce will construct a detailed plan and timeline for CGC’s Sustainability activities in 2022.
    During the major floods in December 2021, CGC was swift in aiding its flood-affected MSMEs, offering them BizBina-i financing. This helped to alleviate their financial burden and assisted them in sustaining their business operations following the natural disaster. CGC also participated in the RM500 million Disaster Relief Fund by providing guarantees to MSMEs affected by the flood, where applications could be made directly to participating financial institutions.
    CGC also participated in providing guarantee up to RM500 million for MSMEs adopting sustainable practices under the Low Carbon Transition Facility (LCTF) that was launched in February 2022.
    Click to view achievements
    Stakeholders
    MSMEs
    Employees
    Suppliers and Service Providers
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    Green Technology Financing Scheme (GTFS)
    RM291.9 million
    approved
    38
    accounts
    Disaster Relief Fund (DRF)
    RM500 million
    worth of guarantee committed
    Low Carbon Transition Facility (LCTF)
    RM500 million
    worth of guarantee committed
5-YEAR FINANCIAL SUMMARY AND HIGHLIGHTS
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    • Total Income
      '21
      '20
      '19
      '18
      '17
      in RM million
    • Profit Before Taxation
      '21
      '20
      '19
      '18
      '17
      in RM million
    • Profit Attributable To Shareholders
      '21
      '20
      '19
      '18
      '17
      in RM million
    • Shareholders’ Equity
      '21
      '20
      '19
      '18
      '17
      in RM billion
    • Total Equity
      '21
      '20
      '19
      '18
      '17
      in RM billion
    • Total Assets
      '21
      '20
      '19
      '18
      '17
      in RM billion
      • Total Income
        '21
        '20
        '19
        '18
        '17
        in RM million
      • Profit Before Taxation
        '21
        '20
        '19
        '18
        '17
        in RM million
      • Profit Attributable To Shareholders
        '21
        '20
        '19
        '18
        '17
        in RM million
      • Total Equity
        '21
        '20
        '19
        '18
        '17
        in RM billion
      • Total Assets
        '21
        '20
        '19
        '18
        '17
        in RM billion
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      • DATO’ MOHAMMED HUSSEIN
        FCB
        Independent Non-Executive Director (Chairman)
        Age 72
        Male
        Malaysian
        Date Appointed to the Board
        1 May 2020
        Tenure of Directorship
        2 years 2 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Chairman of Board Nomination and Remuneration Committee (BNRC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Fellow Chartered Banker of Chartered Banker Institute and Asian Institute of Chartered Bankers
        • Advanced Management Programme (AMP 163) -Harvard Business School – Boston, USA
        • Bachelor of Commerce (Accounting) – University of Newcastle, Australia
        During his 31-year tenure with Malayan Banking Berhad (Maybank) Group, Dato’ Mohammed Hussein held various senior management positions including Head of Corporate Banking, Head of Commercial Banking, Head of Malaysian Operations, Managing Director of Aseambankers Malaysia Berhad (now known as Maybank Investment Bank Berhad) and Executive Director (Business Group). He retired from Maybank Group on 30 January 2008 as Deputy President/Executive Director/Chief Financial Officer. He was then appointed as Advisor of Maybank from April 2008 to September 2008.
        Dato’ Mohammed Hussein is currently Independent Non-Executive Chairman of Gamuda Berhad, Hap Seng Plantations Holdings Berhad and Syarikat Takaful Malaysia Keluarga Berhad. He is also an Independent Non-Executive Director at Bank of America Malaysia Berhad. In addition, he is Chairman of the Corporate Debt Restructuring Committee (CDRC), sponsored by Bank Negara Malaysia (BNM) to facilitate the resolution and restructuring of major corporate debts.
        He was previously Chairman of Danajamin Nasional Berhad from 2013 to 2018 and Quill Capita Management Sdn Bhd from 2008 to 2015. He also served as Director on the Board of Tasek Corporation Berhad, CapitaLand Malls Malaysia Berhad and Hap Seng Consolidated Berhad.
        Declaration:
        • Dato’ Mohammed Hussein does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Dato’ Mohammed Hussein has not been charged and/or convicted for any offence.
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        ADNAN ZAYLANI MOHAMAD ZAHID
        Non-Independent Non-Executive Director
        Age 51
        Male
        Malaysian
        Date Appointed to the Board
        18 October 2018 Resigned: 19 April 2022
        Tenure of Directorship
        3 years 6 months
        Membership of Board Committee(s)
        • Member of Board Nomination and Remuneration Committee (BNRC)
        • Member of Board imSME Committee (BimSMEC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Master in Public Policy, Blavatnik School of Government -University of Oxford, UK
        • Master of Science in Global Market Economics - London School of Economics and Political Science, UK
        • Bachelor of Science in Economics - London School of Economics and Political Science, UK
        Adnan Zaylani is currently an Assistant Governor of BNM. He is a member of BNM’s Management Committee, Financial Stability Committee and Reserve Management Committee, responsible for Islamic Banking and Takaful, Financial Development and Innovation, Insurance Development and Development Finance and Inclusion.
        Apart from CGC, he also represents BNM on the Board of Kumpulan Wang Persaraan (KWAP) and International Centre for Education in Islamic Finance (INCEIF). He is currently the Chairman of the Executive Committee of INCEIF and member of the Board Executive Committee of International Islamic Liquidity Management Corporation (IILM).
        Due to the change in Adnan Zaylani’s portfolio as Assistant Governor of BNM, he resigned as Director of CGC on 19 April 2022.
        Declaration:
        • Adnan Zaylani was a nominee of BNM, the major shareholder of CGC.
        • Adnan Zaylani does not have any conflict of interest or any family relationship with any Director.
        • Adnan Zaylani has not been charged and/or convicted for any offence.
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        DATUK DAVID CHUA KOK TEE
        Independent Non-Executive Director
        Age 75
        Male
        Malaysian
        Date Appointed to the Board
        15 February 2013 Retired: 14 February 2022
        Tenure of Directorship
        9 years
        Membership of Board Committee(s)
        • Chairman of Board Risk Management Committee (BRMC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Honorary Doctor of Business Degree (Ph.D. Hon)– University of Malaya
        • Bachelor of Arts (B.A. Hons)– University of Malaya
        Datuk David Chua has vast experience in both commercial and industrial sectors as he has devoted his entire career to the business sector. He is the Managing Director of DC&A Group of Companies, which is involved in housing and property development, with the current key focus on a popular beach resort destination on Pangkor Island, Malaysia.
        Datuk David Chua is presently an Advisor of the Chinese Chamber of Commerce & Industry of Kuala Lumpur and Selangor (KLSCCCI).
        In addition, he currently serves as a Member of the Anti-Corruption Advisory Board of the Malaysian Anti-Corruption Commission (MACC); Council Member of Majlis Keusahawanan Pengajian Tinggi Nasional (MKPTN), Ministry of Education; and Trustee of Administrative and Diplomatic Officers Alumni Association, Malaysia (Alumni PTD).
        In the past, Datuk David Chua served actively in numerous key and senior positions in trade associations and chambers of commerce and industry, as well as government-appointed positions. Some of his key positions were: Director on the Board of University of Malaya from 2007 to 2015; Chairman of UM Holdings Sdn Bhd (commercial and investment wing, wholly owned by University of Malaya) from September 2009 to April 2015; and Board Member of UM Specialist Centre Sdn Bhd (UMSC) from 2009 to 2015. He served as a Member of the Small Debt Restructuring Committee (SDRC) of Bank Negara Malaysia (BNM) from 2004 to February 2021. He has been a Member of the Board of Directors of Malaysia-China Business Council (MCBC) since its inception in 2011.
        Datuk David Chua was also a Member of the Consultation and Prevention Panel of the MACC and a Member of the Advisory Board of Dewan Bandaraya Kuala Lumpur. In 1990, he was appointed to the National Economic Consultative Council (MAPEN I) and, in 1999, was reappointed and served as Deputy Chairman for MAPEN II.
        Datuk David Chua, who had been on the CGC Board since 15 February 2013, retired on 14 February 2022 after completion of his nine (9) years’ service tenure as Director in CGC.
        Declaration:
        • Datuk David Chua does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Datuk David Chua has not been charged and/or convicted for any offence.
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        DATO’ HAJI SYED MOHEEB SYED KAMARULZAMAN
        FCII, FCIIFP, Senior Associate CIP
        Independent Non-Executive Director
        Age 69
        Male
        Malaysian
        Date Appointed to the Board
        15 January 2014
        Tenure of Directorship
        8 years 5 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Member of Board Risk Management Committee (BRMC)
        • Member of Board Investment Committee (BIC)
        • Member of Board imSME Committee (BimSMEC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Senior Associate CIP of Australian and New Zealand Institute of Insurance and Finance
        • Fellow of Malaysian Insurance Institute (MII)
        • Fellow of Chartered Institute of Islamic Finance
        Dato’ Haji Syed Moheeb’s experience in the conventional insurance, reinsurance and takaful industry spans over 43 years, during which time he helmed several local and multinational direct insurance, reinsurance and takaful companies.
        Dato’ Haji Syed Moheeb now sits on the Board of Standard Chartered Saadiq Berhad (SCSB). He is also the Chairman of Board Nomination & Remuneration Committee, Chairman of Board Risk Management Committee and member of Board Audit Committee in SCSB. He is the past Chairman of the Malaysian Takaful Association and a Management Committee member of the General Insurance Association of Malaysia. He was also the Chief Executive Officer (CEO) of Malaysian Insurance Institute (MII), ASEAN Insurance Training & Research Institute, Takaful Ikhlas Bhd., Gerling Global Reinsurance Malaysia Bhd., and South East Asia Insurance Bhd.
        Declaration:
        • Dato’ Haji Syed Moheeb does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Dato’ Haji Syed Moheeb has not been charged and/or convicted for any offence.
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        TEOH KOK LIN
        CFA
        Independent Non-Executive Director
        Age 59
        Male
        Malaysian
        Date Appointed to the Board
        27 June 2014
        Tenure of Directorship
        8 years (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Chairman of Board Investment Committee (BIC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Chartered Financial Analyst
        • First Class Honours Double Degree in Electrical Engineering and Commerce (Finance) - University of Windsor, Canada
        • Master of Science in Industrial Administration - Purdue University, USA
        Teoh Kok Lin is the founder and Chief Investment Officer (CIO) of Singular Asset Management Sdn Bhd, a fund management company established in 2002, licensed by the Securities Commission of Malaysia. He is also the founder and CIO of Singular Asset Management (Singapore) Ltd, a registered fund manager with Monetary Authority of Singapore (MAS). He was appointed Secretary of the Malaysian Association of Asset Managers (MAAM) effective 2 September 2020.
        He is a former president of Chartered Financial Analysts (CFA) Society Malaysia with over 35 years of experience in Banking, Credit and Investment with financial institutions such as Citicorp Citibank Malaysia, Barings Malaysia, HSBC Research Malaysia and UOB Kay Hian Singapore. He constantly travels across ASEAN and North Asia for research and company visits while managing funds for institutions and high net-worth clients.
        He sits on the Board of Credit Bureau Malaysia (CBM), a CGC associate company. He has also served as Independent Non-Executive Director of Institute of Capital Market Research Malaysia (ICMR), an affiliate of the Securities Commission, since May 2021. He is currently a General Council Member of the National Chamber of Commerce and Industry of Malaysia. In addition, he is Chairman of the Environmental, Social and Governance (ESG) Committee and Advisor of the Digital Economy Committee of the Associated Chinese Chambers of Commerce and Industry of Malaysia.
        Declaration:
        • Teoh Kok Lin does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Teoh Kok Lin has not been charged and/or convicted for any offence.
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        SURESH MENON
        Independent Non-Executive Director
        Age 65
        Male
        Malaysian
        Date Appointed to the Board
        17 July 2014
        Tenure of Directorship
        7 years 11 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Member of Board Investment Committee (BIC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Master of Business Management – Asian Institute of Management, Philippines
        • Bachelor of Technology, majoring in Chemical Engineering – University of Madras, India
        Suresh Menon has over 40 years of experience, mainly in international financial and debt markets, with his expertise extending to credit analysis and best practices in corporate governance. Since 2010, he has been an Independent Capital Market Consultant where he provides consultancy and training to financial agencies, the World Bank and regulatory authorities in several countries. He was also involved in development projects with international bodies, namely Asian Development Bank (ADB) and APEC Business Advisory Council.
        He played a crucial role in setting up RAM Holdings Berhad (formerly known as Rating Agency Malaysia Berhad) and facilitated numerous services to ensure RAM reached its pinnacle. After 18 years, he retired from RAM as an Executive Director in 2010. He was also a member of RAM’s Rating Committee.
        He was Non-Independent Non-Executive Director of Danajamin Nasional Berhad, an associate company of CGC. He was also Chairman of the Association of Credit Rating Agencies in Asia (ACRAA) Training Committee and a member of the Main Committee of the Malaysian Corporate Governance Index 2009, 2010 and 2011 for the Minority Shareholder Watchdog Group (MSWG). In addition, he is also a past Chairman of Credit Bureau Malaysia (CBM), a CGC associate company.
        Declaration:
        • Suresh Menon does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Suresh Menon has not been charged and/or convicted for any offence.
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        DATO’ ONG ENG BIN
        Independent Non-Executive Director
        Age 59
        Male
        Malaysian
        Date Appointed to the Board
        14 October 2014
        Tenure of Directorship
        7 years 8 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Member of Board Audit Committee (BAC)
        • Member of Board Nomination and Remuneration Committee (BNRC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Bachelor of Accounting & Finance - University of Manchester, UK
        Dato’ Ong Eng Bin started his career at OCBC Bank Malaysia Berhad (OCBC) in 1988 and was appointed Head of Corporate Banking in 2004 before being promoted to Head of Business Banking in 2012. He has been Chief Executive Officer (CEO) of OCBC since August 2014.
        He is also a Council Member of Asian Institute of Chartered Bankers (AICB) and the Association of Banks in Malaysia (ABM), Director of Asian Banking School (ABS) and Chairman of PAC Lease Sdn Bhd.
        Dato’ Ong Eng Bin brings vast experience in corporate banking, covering corporate and commercial, emerging business and transaction banking.
        Declaration:
        • Dato’ Ong Eng Bin does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Dato’ Ong Eng Bin has not been charged and/or convicted for any offence.
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        CHOONG TUCK OON
        Independent Non-Executive Director
        Age 64
        Male
        Malaysian
        Date Appointed to the Board
        20 January 2017
        Tenure of Directorship
        5 years 5 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Chairman of Board imSME Committee (BimSMEC)
        • Member of Board Risk Management Committee (BRMC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Master of Science in Computer Applications - Asian Institute of Technology
        • Executive Diploma in Directorship - Singapore Management University
        • Bachelor of Science (First Class) in Mathematics - University of Malaya
        Choong Tuck Oon began his career in Petronas where he held executive positions in various upstream and downstream functions for more than seven years. He served Accenture for 25 years and retired as Senior Partner of Financial Services in the Asia-Pacific.
        Choong specialises in technology, strategy and transformation for banking and insurance industries. He has led many strategic initiatives involving more than 20 large domestic and global banks and insurers in Asia, including national payment projects in Malaysia and Singapore. He is also active in the ASEAN digital start up ecosystem, where his advice on digital and fintech programmes is much in demand.
        He has also been active in NGO initiatives such as advising a consortium of international aid agencies on core systems for the launch of bank-of-banks microfinancing in Indonesia and advising a global wildlife/nature agency on a new growth strategy for 11 Asian countries.
        Choong Tuck Oon is currently an Independent Non-Executive Director on Boards of FIDE Forum Malaysia and the Star Media Group Berhad. He was previously an Independent Non-Executive Director of NTUC Income Insurance Co-operative Ltd. Singapore, RHB Bank, RHB Islamic Bank, RHB Indochina Bank, RHB Indochina Securities and RHB Private Equity.
        Declaration:
        • Choong Tuck Oon does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Choong Tuck Oon has not been charged and/or convicted for any offence.
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        FAISAL ISMAIL
        FCA
        Independent Non-Executive Director
        Age 59
        Male
        Malaysian
        Date Appointed to the Board
        1 December 2019
        Tenure of Directorship
        2 years 7 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Chairman of Board Audit Committee (BAC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Fellow, Institute of Chartered Accountants in England & Wales
        • Member, Malaysian Institute of Accountants
        Faisal Ismail has over 30 years of experience with various responsibilities, including board, top management, M&A, corporate, finance, tax planning, consulting, transformation and human resources. He has vast experience in different industries, including hotels, property investment and development, healthcare, shipbuilding and repairs, banking, power, and education.
        He has served as Independent Non-Executive Director of BNP Paribas Malaysia Berhad since October 2020. Previously, he was Non-Independent Non-Executive Director of Danajamin Nasional Berhad, Independent Non-Executive Director of J.P. Morgan Chase Bank Berhad, Executive Director of Landmarks Berhad, Executive Director of BinaFikir Sdn Bhd, Director of the Investment division of Khazanah Nasional Berhad, and Group Managing Director of Pantai Holdings Berhad.
        Declaration:
        • Faisal Ismail does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Faisal Ismail has not been charged and/or convicted for any offence.
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        SALEHA M. RAMLY
        Independent Non-Executive Director
        Age 69
        Female
        Malaysian
        Date Appointed to the Board
        1 December 2019
        Tenure of Directorship
        2 years 7 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Member of Board Audit Committee (BAC)
        Meeting Attendance
        (9/9)
        Qualification(s)
        • Master of Laws (LL.M) - University of London, UK
        • Bachelor of Laws (LLB) - University of Malaya
        Saleha M. Ramly began her career as a lecturer in the Law Faculty of the University of Malaya, where she served for more than eight years. She then held various senior positions in legal and secretarial departments in government-linked and public-listed companies, namely Sime UEP Properties Berhad, its holding company Sime Darby Berhad and its other listed subsidiaries: Country Heights Holdings Berhad and Landmarks Berhad.
        Upon her retirement in 2007, she continued to serve in similar positions in the University of Malaya, Perbadanan Insurans Deposit Malaysia, Scomi Group Berhad and ACR Capital Holdings Pte Ltd group of companies in Malaysia and Singapore until 2018. She is currently a member of the Institute of Corporate Directors Malaysia.
        With over 30 years of vast experience in corporate legal and secretarial operations, Saleha M. Ramly has in-depth experience in crafting corporate governance policies and legal documents for companies and providing staff training on governance and legal matters. She was also involved in various corporate transactions and exercises, including acquisitions and disposals of assets, both domestic and cross-border; due diligence exercises and raising of capital. In addition, she has advised on human resource-based legal matters such as retrenchments, grievance procedures and industrial relations.
        Declaration:
        • Saleha M. Ramly does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Saleha M. Ramly has not been charged and/or convicted for any offence.
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        ANTHONY LIM CHOON ENG
        FAIBF, CB
        Independent Non-Executive Director
        Age 64
        Male
        Malaysian
        Date Appointed to the Board
        1 April 2022
        Tenure of Directorship
        3 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Chairman of Board Risk Management Committee (BRMC)
        Meeting Attendance
        (N/A)
        Qualification(s)
        • Fellow of the Australian Institute of Banking and Finance
        • Chartered Banker of the Asian Institute of Chartered Bankers
        • Senior Leadership and Advanced Management Programs - Wharton School of Business, University of Pennsylvania, USA
        • Senior Associate – Securities Institute of Australia
        • Master of Applied Finance – Macquarie University, Australia
        Anthony Lim Choon Eng has over 35 years of experience in the banking and finance industry, serving in key management positions covering treasury, business banking, investment banking and risk management.
        He has been an Independent Director of Bank of America Malaysia Berhad since October 2021. Anthony is also a member of the Investment Panel for Kumpulan Wang Persaraan (KWAP). He was an Independent Director of Sumitomo Mitsui Banking Corporation Malaysia Berhad (SMBC) from 2011 to 2015 and later the Deputy Chief Executive Officer of the same bank from 2015 to 2020.
        Anthony served in various senior management positions with the Maybank group of companies from 1995 to 2009. He later joined Implico GmbH, Germany and Malaysia as private equity investor and Director. Anthony has also worked in St. George Bank Limited and ANZ Bank Limited in Sydney, Australia.
        Declaration:
        • Anthony Lim Choon Eng does not have any conflict of interest or any family relationship with any Director and/or major shareholder of CGC.
        • Anthony Lim Choon Eng has not been charged and/or convicted for any offence.
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        SUHAIMI ALI
        Non-Independent Non-Executive Director
        Age 47
        Male
        Malaysian
        Date Appointed to the Board
        28 April 2022
        Tenure of Directorship
        2 months (as at 49th AGM – 21 June 2022)
        Membership of Board Committee(s)
        • Member of Board Nomination & Remuneration Committee (BNRC)
        • Member of Board imSME Committee (BimSMEC)
        Meeting Attendance
        (N/A)
        Qualification(s)
        • Bachelor of Accounting - University of Notre Dame, USA.
        Suhaimi Ali is currently an Assistant Governor of BNM, responsible for Financial Development and Innovation Department, Islamic Finance Department and Financial Inclusion Department. He has served BNM for 24 years in various areas which include financial sector development, regulation and supervision, strategic planning, market conduct, international negotiations and IT services, as well as in the Governor’s Office.
        Suhaimi Ali is a member of BNM’s Management Committee, Risk Management Committee, Crisis Management Committee, Digital Technology Committee, Financial Development Committee, Financial Stability Committee, Joint Policy Committee and Reserve Management Committee. He is also a member of the Board of Trustees for International Centre for Leadership in Finance (ICLIF) Trust Fund.
        Declaration:
        • Suhaimi Ali is a nominee of BNM, the major shareholder of CGC.
        • Suhaimi Ali does not have any conflict of interest or any family relationship with any Director.
        • Suhaimi Ali has not been charged and/or convicted for any offence.
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      • DATUK MOHD ZAMREE MOHD ISHAK
        President/Chief Executive Officer
        Date Joined
        1 January 2015
        Qualification(s)
        • Bachelor of Science in Business Administration, Saint Louis University, USA
        • Master in Business Administration (Finance), University of Hull, UK
        • Asian International Executive Programme, INSEAD
        • Chartered Professional in Islamic Finance
        • Global Leadership Development Programme, ICLIF
        • Advanced Management Programme (AMP 191), Harvard Business School, USA
        Experience
        Over 32 years of experience in banking operations, corporate banking, consumer banking and Islamic finance. He has held the following key positions:
        • Executive Assistant to the President/Chief Executive Officer, Malayan Banking Berhad (Maybank)
        • Vice President, Consumer Banking, Maybank
        • Executive Vice President, Corporate Banking, Maybank
        • Chief Operations Officer, INCEIF – The Global University of Islamic Finance
        Awards
        • Outstanding CEO Award, Association of Development Financing Institutions in Asia and the Pacific (ADFIAP)
        • Sustainability Leader of the Year, European Organisation for Sustainable Development, ADFIAP and the Association of African Development Finance Institutions in collaboration with the City of Karlsruhe, Germany
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        RAHIM RADUAN
        Chief Corporate Officer
        Date Joined
        2 May 2018
        Qualification(s)
        • Bachelor of Arts (Hons.) Accounting & Finance, University of East London, UK
        • Member of Financial Planning Association of Malaysia (FPAM)
        • Member of Malaysian Financial Planning Council (MFPC)
        • CIMB-INSEAD Leadership Programme, INSEAD France
        • Member of the Malaysian Institute of Accountants (MIA)
        • Fellow of the Association of Chartered Certified Accountants (ACCA), UK
        Experience
        Over 22 years of experience in many sectors including investment and consumer banking, wealth management, fund management, automotive, infrastructure, and property development. He has held the following key positions:
        • General Manager/Head of Group Finance Division, PROTON Holdings Berhad
        • Chief Operating Officer, CIMB Wealth Advisors Berhad
        • Chief Operating Officer, CIMB-Principal Asset Management Berhad (now known as Principal Asset Management Berhad)
        • Managing Director/Head of Consumer Banking’s Operations & Service Support, CIMB Bank Berhad
        • Director in Group MD/CEO’s Office, UEM Group Berhad
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        SHAZMEER MOKHTAR
        Chief Financial Officer
        Date Joined
        2 May 2018
        Qualification(s)
        • Bachelor of Arts (Hons.) Accounting & Finance, London South Bank University, UK
        • Edward S. Mason Fellow, Harvard Kennedy School, USA
        • Master in Public Administration, Harvard University, USA
        • Member of the Malaysian Institute of Accountants (MIA)
        • Member of the Malaysian Institute of Certified Public Accountants (MICPA)
        • Member of the Institute of Chartered Accountants England & Wales (ICAEW)
        • Fellow of the Association of Chartered Certified Accountants (ACCA), UK
        • Negotiation & Influencing Skills Programme, London Business School, UK
        • Digital Disruption: Digital Transformation Strategies, Cambridge Judge Business School
        Experience
        Over 19 years of experience with Bank Negara Malaysia (BNM) in Supervision, Regulation, Investments, and Corporate Strategy sectors. He was instrumental in implementing several strategic initiatives to position Malaysia as an International Islamic Finance marketplace. This includes his involvement in the BNM-SC-World Bank technical working group which facilitated the issuance of the world’s first Green Sukuk in 2017. He also led the origination and structuring of the world’s first liquidity instruments based on mudharabah. He has held the following key positions:
        • Deputy Director of BNM
        • Board member of Aureous CGC Advisers Sdn Bhd
        Awards
        Academic Excellence Award, BNM (2006)
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        LEONG WENG CHOONG
        Chief Business Officer
        Date Joined
        15 July 2015
        Qualification(s)
        • Bachelor of Commerce, University of Western Australia, Australia
        Experience
        Over 23 years of experience in credit and marketing, collection and recovery, operations, cash management, product development and SME Bancassurance. He has held the following key positions:
        • Assistant Vice President and Head of Product, OCBC Bank (M) Berhad
        • Vice President of Cash Management, OCBC Bank (M) Berhad
        • General Manager of Retail SME, Hong Leong Bank Berhad
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        YUSHIDA HUSIN
        Chief Technology & Operations Officer
        Date Joined
        1 April 2016
        Qualification(s)
        • Bachelor of Science in Statistics, University of Illinois Urbana- Champaign, USA
        Experience
        More than 25 years of experience in Project Management, Corporate Planning, Process Improvement, Organisation and Methods, Corporate Services, and support functions. She has held the following key positions:
        • Consultant, Accenture Malaysia
        • Chief Corporate Services Officer, Takaful Ikhlas Berhad
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        K. PERBAGARAN
        Chief Risk Officer
        Date Joined
        1 August 2005
        Qualification(s)
        • Bachelor of Accountancy (Hons.), Universiti Utara Malaysia (UUM)
        • Master of Business Administration, Cardiff Metropolitan University, UK
        • Chartered Banker, AICB/(CB), Chartered Banker Institute UK & Asian Institute of Chartered Bankers
        • Certified Internal Auditor (CIA) from the Institute of Internal Auditors Malaysia
        • Advanced Credit Enhancer (ACE) Certification, CGC –Institut Bank- Bank Malaysia (IBBM)
        • Member, Institute of Internal Auditors Malaysia (IIAM)
        • Member, Malaysian Institute of Accountants (MIA)
        Experience
        Over 23 years of experience in Audit & Risk Management. He has held the following key positions:
        • Head of Branch Audit, Affin Bank Berhad
        • Head of Internal Audit, CGC
        • Senior Manager of Asset Management, CGC
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        ZARINA OSMAN
        Chief Credit Officer
        Date Joined
        3 April 2017
        Qualification(s)
        • Bachelor of Accountancy (Hons.), University of Malaya
        • Certified Credit Professional (CCP) from Institut Bank-Bank Malaysia (IBBM)
        • Banking Credit Specialist from the Islamic Bank and Finance Institute Malaysia (IBFIM)
        • Islamic Professional Credit Certification from IBFIM
        Experience
        Over 27 years of experience in business credit and credit management covering the entire Business Banking portfolio, including Investment, Treasury and Capital Markets, Corporate, Commercial, and Retail Business. She has held the following key positions:
        • Pioneer member of RHB Islamic Bank Bhd team that established the first Islamic Window subsidiary in Malaysia
        • Senior positions in Bank Muamalat Malaysia Bhd and RHB Islamic Bank Bhd
        • Head of Credit Management, Kuwait Finance House Bhd
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        FAKRUL AZMI MOHAMAD
        Chief Internal Auditor
        Date Joined
        2 October 2018
        Qualification(s)
        • BA (Accounting & Financial Management), University of Sheffield, UK
        • Certified Internal Auditor (CIA) from the Institute of Internal Auditors Malaysia
        • Certified Credit Professional (CCP) from Institut Bank-Bank Malaysia (IBBM)
        • Chartered Global Management Accountant (CGMA) from the American Institute of Certified Public Accountants
        • Associate Chartered Management Accountant (ACMA) from the Chartered Institute of Management Accountants, UK
        • Member of the Certified Bank Auditor (CBA) Examination Committee
        Experience
        Over 23 years of internal audit experience in the financial services sector. He has held the following key positions:
        • Chief Internal Auditor, Malaysia Debt Ventures Berhad
        • Chief Internal Auditor, Malaysia Development Bank Berhad
        • Chief Internal Auditor, Asian Finance Bank Berhad
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        DAENG HAFEZ ARAFAT ZUHUD
        General Counsel & Company Secretary
        Date Joined
        4 May 2015
        Qualification(s)
        • Bachelor of Laws (Hons.), International Islamic University Malaysia (IIUM), 1994
        • Advocate and Solicitor of the High Court of Malaya. Admitted on 18 March 1995
        • Licensed Company Secretary of Companies Commission of Malaysia since 1998
        Experience
        Has accumulated 27 years of experience in various sectors such as financial services, oil & gas, telecommunications, aerospace, and hotel & property development. He has held the following key positions:
        • Manager, Legal & Corporate Services and Company Secretary of Aerospace Technology Systems Corp. Sdn Bhd
        • Senior Manager, Legal & Company Secretarial/Joint Company Secretary, Lankhorst Bhd
        • Senior Manager, Legal & Human Resources, Intraline Group of Companies
        • Assistant Vice President, Group Corporate Secretarial, Maybank and Company Secretaries of Maybank Asset Management Group of Companies and Maybank (Cambodia) Plc
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        SUM LENG KUANG
        Advisor Investment
        Date Joined
        1 September 2015
        Qualification(s)
        • Bachelor of Commerce (Finance), University of Canterbury, New Zealand
        • Certified Financial Planner
        Experience
        Over 38 years of experience in fund management, particularly in areas of managing fixed income investment portfolios, credit evaluation, and credit risk management. She has held the following key positions:
        • Senior Vice President, Head of Fixed Income Investment at Great Eastern Life Assurance (Malaysia) Berhad
        • Acting CEO, Hong Leong Asset Management Berhad
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        MOHAMED AZMAN MOHAMED TAUFIK
        Senior Vice President Business Development & Products
        Date Joined
        4 February 2015
        Qualification(s)
        • Bachelor of Management Studies, University of Waikato, New Zealand
        Experience
        Over 32 years of experience in the banking and financial sectors, both in Malaysia and Indonesia. Has extensive experience in corporate banking, SME banking, and branch management. Held the following key positions:
        • Senior Account Manager, Malayan Banking Berhad
        • Associate Director, Danajamin Nasional Berhad
        • Associate Director, The Bank of Nova Scotia Berhad
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        MOHD SUKERI ISMAIL
        Senior Vice President Operations
        Date Joined
        6 May 1996
        Qualification(s)
        • Diploma, Indiana University, USA
        • Bachelor of Science in Business Administration (Finance), Creighton University, USA
        Experience
        Over 25 years of experience in Shared/Full Risk and Financing applications. He has held the following positions:
        • Branch Executive, Hong Leong Finance Berhad
        • Branch Manager, Hong Leong Finance Berhad
        • Assistant Manager, Guarantee, CGC
        • Manager, Credit Evaluation, CGC
        • Senior Manager, Operations, CGC
        • Senior Manager, Credit, CGC
        • Assistant General Manager, Credit, CGC
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        NOR HAMIZWA MOHD NOR
        Senior Vice President Human Capital & Administration
        Date Joined
        18 November 2019
        Qualification(s)
        • Diploma, Indiana University, USA
        • Bachelor in Business Administration (Human Resource Management), Universiti Teknologi MARA, Malaysia
        Experience
        Over 25 years of experience in general human capital and specialised human capital functions including talent management, learning & development, organisational design, and manpower planning. She has held the following key positions:
        • Assistant General Manager, Talent & Specialist Management and Employee Behavioural Development, Telekom Malaysia Berhad
        • Covering Senior General Manager, Human Resources, Malaysia Airport Holdings Berhad
        • General Manager, HR Business Partners and IR & Engagement, UEM Edgenta Berhad
        PREV
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        WAI KO-CHI
        Senior Vice President Information Technology
        Date Joined
        15 June 2017
        Qualification(s)
        • Bachelor of Engineering (Hons. Mechanical), University of Malaya
        Experience
        Over 24 years of experience with various national and international organisations, covering global and regional projects. He has held the following positions:
        • Analyst, Andersen Consulting/Accenture
        • Architect, Shell IT/Hewlett Packard Malaysia
        • Chief Engineer, DXC Technology/Hewlett Packard Enterprise
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        MOHD FAZLI BAHARUDDIN
        Head Digital & Transformation
        Date Joined
        18 January 2021
        Qualification(s)
        • Bachelor of Science in Business Administration, Ohio State University, Columbus, USA
        Experience
        Over 25 years of experience spearheading a wide spectrum of IT and business transformation, project management, and information management within the financial and insurance sector. Well-versed in product owner role, Agile methodology, project management, business process reengineering and streamlining, data warehouse management, reporting and analytics, as well as regulatory reporting coupled with overseeing rollout of productivity enhancement and cost-saving initiatives. He has held the following position:
        • Director, Regional Strategy Execution & Transformation, Group Commercial Banking, CIMB Bank Malaysia
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        NILAMMASRI JA’AFAR
        Head Bumiputera Development & Sales Management
        Date Joined
        20 September 2021
        Qualification(s)
        • Advanced Diploma in Business Studies (Finance), UiTM
        • Executive Development Programme, Wharton School, University of Pennsylvania
        • Certified Professional Coach, Malaysian Institute of Management
        Experience
        Over 24 years of experience in banking and asset management with exposure to credit management, and recovery of both retail and corporate loans. She has held the following key positions:
        • Pioneer team member of Pengurusan Danaharta Nasional Berhad and Prokhas Sdn Bhd
        • Senior Vice President/Head, Business Banking, Bank Pembangunan Malaysia Berhad
        • Senior Vice President/Head, Business Financing & Development, Bank Simpanan Nasional
        • Axiata Digital Capital Sdn Bhd
        PREV
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      CORPORATE GOVERNANCE OVERVIEW STATEMENT
      The continuing aftermath of a devastating two-year health crisis ensured CGC’s role as ‘Partner for MSME Growth across Life Stages’ required close attention.
      CONGRUENCE. Meeting MSMEs’ Needs, Enhancing Internal Capabilities,
      CGC’s 2021 Annual Report theme, aims to mould stronger, more resilient MSMEs in Malaysia.
      Board Leadership and Effectiveness
      Effective Audit and Risk Management
      Integrity in Corporate Reporting and Meaningful Relationship with Stakeholders
      Download
      MAJOR MILESTONES
      In 2021
      • Feb
        Celebrated imSME’s 3rd Anniversary
      • Apr
        • Portfolio Guarantee signing ceremony with Standard Chartered Bank Malaysia Berhad (SCB)
        • Participated in the Malaysia Financial Planning Council (MFPC) Roundtable Discussion: Islamic Fintech in Malaysia
        • imSME was awarded the Most Innovative SME Financing Platform in Malaysia by Global Economics Awards 2021
      • Jun
        • Participated in Bank Negara Malaysia’s Fund for Targeted Recovery and Relief Facility (TRRF), Targeted Repayment Assistance (TRA), and Rescheduling and Restructuring (R&R)
        • First virtual 48th Annual General Meeting
        • Signed Memorandum of Understanding with Boost Holdings for potential digital bank guarantee
      • Jul
        Collaborated with AmBank for SME Portfolio Guarantee Revival Scheme
      • Aug
        Collaborated with Sunway Malls and RHB Banking Group to facilitate up to RM200 million in working capital to assist retailers
      • Sep
        • Extraordinary General Meeting
        • Signed an agreement with the Ministry of Finance and Bank Pembangunan Malaysia Berhad for the 100% acquisition of Danajamin Nasional Berhad
      • Oct
        • Crossed the RM2 billion mark in Wholesale Guarantees (WG) for unsecured Small and Medium Enterprise (SME) financing with OCBC Bank
        • Received two merit awards for BizMikro-i scheme and Robotic Process Automation (RPA) from the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) at its Sustainable Development Awards 2021 ceremony, held in conjunction with ADFIAP’s virtual 44th Annual Meeting
      • Nov
        • Hosted the 26th FI/DFI & SME Awards virtually, graced by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Finance
        • Participated in the 33rd Asian Credit Supplementation Institution Confederation (ACSIC) Conference 2021, organised virtually by the Japan Finance Corporation (JFC) and Japan Federation of Credit Guarantee Corporations (JFG)
      • Dec
        • Provided BizBina-i Flood Relief Financing to CGC MSMEs affected by the flood
        • AmBank Group SME Portfolio Guarantee (SPG) Revival Scheme in collaboration with CGC, in support of e-commerce
        Download
        NOTICE OF 49TH ANNUAL GENERAL MEETING
        Proxy Form
        Date
        Tuesday, 21 June 2022
        Time
        12.00 p.m.
        Broadcast Venue
        Bangunan CGC, Kelana Business Centre, 97, Jalan SS 7/2, 47301 Petaling Jaya, Selangor Darul Ehsan
        Contact Us
        Phone:
        Fax:
        Email:
        +603 – 78062300
        +603 – 78063308
        DOWNLOADS
        Meeting MSMEs’ Needs &
        Enhancing Internal Capabilities
        5-Year Financial Summary and Highlights Board of Directors Management Team Corporate Governance Overview Statement Major Milestones Notice of 49th Annual General Meeting Proxy Form
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