Prospectus - Manulife Insurance Berhad

chapter6 MANAGEMENT COMPANYpage386.3 The Board of Directors (cont’d)Christopher Franz Bendl (Non-Independent Director) was appointed to the board on 19 th July2011. He joined Manulife in December 2010 as the Head of Regional Wealth Management forAsia reporting directly to the Senior Executive Vice President & General Manager, Asia. He is amember of the Regional Management Team. For the past 8 years, Mr. Bendl has held variousleadership positions within the international life insurance companies of AIG in the Middle Eastand Southeast Asia and most recently as the CEO of an Indonesian insurer.Mr. Bendl has a diverse and successful track record in the development of alternative distributionchannels and partnerships, product development and business transformation initiatives in manyoperating jurisdictions and under many different business conditions. Previously, Mr. Bendlworked for Manulife Financial and its related companies for nearly 10 years, where he held seniorpositions in the investment, pension and insurance subsidiaries in Canada, Indonesia and thePhilippines. Mr. Bendl completed a MBA at Queen’s University and a Bachelor of Science degreeat The University of British Columbia.Encik Ahmad Riza bin Basir (Independent Director) was appointed to the board on 26 September2011. He obtained his Bachelor of Law Degree with honours from the University of Hertfordshire,UK and qualified as a barrister-at-law of the Honourable Society of Lincoln’s Inn, London, UK.Encik Riza sits on the board of United Plantations Berhad. He is also a member of the auditcommittee of United Plantations Berhad.6.4 Duties and Responsibilities of the ManagerThe Manager is responsible for the day-to-day management, marketing and administration ofthe Fund, where its key functions include:a) Endeavouring that the Fund is managed in a sound and professional manner in accordancewith its investment objectives, the provisions of this Prospectus and the Deed;b) Endeavouring that the Fund is properly administered and to arrange for sale andredemption of Units of the Fund;c) Issuing the Fund’s interim and annual reports to Unit Holders;d) Keeping proper records of the Fund; ande) Keeping Unit Holders informed on material matters relating to the Fund.6.5 Investment CommitteeThe duties and responsibilities of the Investment Committee are as follows:a) Selecting appropriate strategies to achieve the proper performance of the Fund inaccordance with the fund management policies;b) Ensuring that the strategies selected are properly and efficiently implemented by theManager; andc) Actively monitor, measure and evaluate the fund management performance of theManager.Prospectus in respect of the Manulife Shariah - Dana Ekuiti