Financial Stability Committee - Consultative Bodies

Director General
Labuan Financial Services Authority

Affendi Rashdi (Chairman)

Director General
Labuan Financial Services Authority

Mr. Affendi, from Bank Negara Malaysia (BNM), most recently served as the Chief Services Officer, where he led the strategic vision and execution of the Bank’s Centralised Shared Services sector to ensure institutional excellence and the efficient delivery of services. Over the course of his career at BNM, Mr. Affendi held several pivotal roles, including Director of the Finance Department, Deputy Director and Manager of the Development Finance and Inclusion Department, as well as a core member of the Financial Sector Blueprint team. He also contributed significantly as a Board member of various BNM trust funds, including the Medical Trust Fund, INCEIF Trust Fund, Asian School of Business Trust Fund, and the Tun Ismail Ali Chair Trust Fund.

Throughout his distinguished career, Mr. Affendi has been instrumental in the development of financial sector policies and regulatory frameworks, particularly in strengthening the role of Development Financial Institutions. His notable contributions include the review and enhancement of the Development Financial Institutions Act (DFIA) 2012, the corporatisation of Agrobank, the establishment of SME Bank, and the formation of the Cooperatives Commission of Malaysia as a regulatory body. He also made efforts in shaping central bank accounting best practices and provided strategic financial, tax, and treasury advisory to BNM’s management and Board. In addition, he played a key role in shared services strategy covering procurement, facilities management, administration, and security.

Mr. Affendi holds a Master’s degree from Harvard University and a Bachelor of Accountancy from Universiti Teknologi MARA (UiTM). He is a member of the Institute of Chartered Accountants in England and Wales (ICAEW), a Fellow of the Association of Chartered Certified Accountants (FCCA), a Chartered Accountant with the Malaysian Institute of Certified Public Accountants (MICPA), and a member of the Malaysian Institute of Accountants (MIA). He is also a Chartered Banker, certified by the Asian Institute of Chartered Bankers (AICB).

Syahrul Imran Mahadzir

Deputy Director General

Regulatory Oversight & Technology
Labuan Financial Services Authority

Syahrul Imran Mahadzir

Deputy Director General
Regulatory Oversight & Technology
Labuan Financial Services Authority

Mr. Syahrul Imran Mahadzir is the Deputy Director-General of the Labuan Financial Services Authority (Labuan FSA), overseeing the Regulatory Oversight & Technology Division, which includes regulatory policy, supervision, and digital and technology functions. His responsibilities focus on strengthening regulatory frameworks, supervisory practices, and Labuan FSA’s digital infrastructure.

He holds a Master’s degree in Actuarial Science from Heriot-Watt University, Edinburgh, and is an affiliate member of the Association of Chartered Certified Accountants (ACCA), United Kingdom. Since joining Labuan FSA in 2013, he has led the alignment of Labuan’s prudential regulations with international standards, including Basel II and III implementation, risk-based capital for insurance, and enhancements to the captive insurance framework. He also had driven key market development initiatives for Labuan IBFC, including regulations for Labuan digital financial services and Labuan business substance requirements.

Mr. Syahrul began his career at Bank Negara Malaysia and has also served at MNRB Holdings Berhad and Perbadanan Insurans Deposit Malaysia. He has over 25 years of experience in regulatory development, supervision, market strategy, and enterprise risk management.

Hong Chin Pheng

Director

Financial Conglomerates Supervision Department
Bank Negara Malaysia

Hong Chin Pheng

Director
Financial Conglomerates Supervision Department
Bank Negara Malaysia

Hong Chin Pheng holds a degree in accounting and is a member of the MIA and the MICPA. She has more than 30 years of supervisory experience in Bank Negara Malaysia. In her current role as the Director of the Financial Conglomerates Supervision Department, she is responsible for the prudential supervision of the domestic banking groups and digital banks. She also serves as a member of the Securities Commission Malaysia’s Audit Oversight Board and represents Bank Negara Malaysia in the Supervision Workstream of The Network of Central Banks and Supervisors for Greening the Financial System.

Endran bin Fadzil

Director

Financial Surveillance Department
Bank Negara Malaysia

Endran bin Fadzil

Director
Financial Surveillance Department
Bank Negara Malaysia

Coming soon.

Shamim Fyaz Hajamaideen

Director

Supervision Department
Securities Commission Malaysia

Shamim Fyaz Hajamaideen

Director
Supervision Department
Securities Commission Malaysia

Shamim, brings over two decades of experience at the Securities Commission Malaysia, having begun a career following practice in corporate and securities law. Over the years at the SC, he has contributed across a broad range of areas including capital raising, regulatory policy, market development, private equity, and financial market infrastructure. Currently serving as Director and Head of the Supervision Group, he oversees the function responsible for supervising trading venues and the central depository, licensed intermediaries and registered market operators.

He is a member of the Honourable Society of the Middle Temple and holds a Bachelor of Laws from the University of Glamorgan, South Wales.