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Manulife Malaysia Equity Fund - Manulife Insurance Berhad

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IPP Venture <strong>Berhad</strong>. Datuk also sits on the Boards of <strong>Manulife</strong> Holdings<br />

<strong>Berhad</strong> (formerly known as <strong>Manulife</strong> <strong>Insurance</strong> (<strong>Malaysia</strong>) <strong>Berhad</strong>), <strong>Manulife</strong><br />

<strong>Insurance</strong> <strong>Berhad</strong> and the Investment Manager.<br />

Michael Chan Yui Lung (Non-Independent Director) was appointed<br />

to the Board on 25 February 2009. He is a Fellow Member of the British<br />

Royal Chartered Institute of Management Accountants, Associate Member<br />

of Hong Kong Institute of Certified Public Accountants and a qualified<br />

member of the society of Registered Financial Planners, Hong Kong. Mr<br />

Chan has been a qualified member of the Life <strong>Insurance</strong> Management<br />

Research Association since 1997.<br />

Mr Chan joined <strong>Manulife</strong> International Ltd, Hong Kong in 2000 as Vice<br />

President, Group Life and Health. He was appointed as Vice President,<br />

Distribution in 2004, as Head of Sales Operation of 450 Corporate Brokers<br />

and 3,600 tie in-house agents. Prior to joining <strong>Manulife</strong> International Ltd in<br />

2000, Mr Chan served on the Boards of a number of insurance companies<br />

and as an Accounting Officer in Management Accounting Branch, Treasury<br />

for the Hong Kong Government.<br />

He is the Group Chief Executive Officer/Managing Director of <strong>Manulife</strong><br />

Holdings <strong>Berhad</strong> (formerly known as <strong>Manulife</strong> <strong>Insurance</strong> (<strong>Malaysia</strong>)<br />

<strong>Berhad</strong>) and Non-Executive Director of <strong>Manulife</strong> <strong>Insurance</strong> <strong>Berhad</strong> and the<br />

Investment Manager.<br />

12.6 Role of the Investment Committee<br />

The Investment Committee formulates, establishes and implements<br />

investment strategies and policies. The Investment Committee will<br />

continually review and monitor the success of these strategies and policies<br />

using predetermined benchmarks towards achieving a proper performance<br />

for the <strong>Fund</strong>. The Investment Committee will also ensure investment<br />

guidelines and regulations are complied with. The Investment Committee<br />

will meet at least once every quarterly or more should the need arise.<br />

12.7 The Investment Committee Members<br />

Tan Sri Dato’ Mohd Sheriff Bin Mohd Kassim (profile as mentioned in<br />

Section 12.5)<br />

Datuk Ismail bin Haji Ahmad (profile as mentioned in Section 12.5)<br />

Michael Chan Yui Lung (profile as mentioned in Section 12.5)<br />

51

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