Independent Directors – Regulator’s Expectations

MR. DEVANESAN EVANSON

Devanesan is a qualified accountant (FCCA) who is also a Chartered Member of the Malaysian Institute of Accountants. He also holds a law degree (LLB Hons) from the University of London. He is a fellow member of the Institute of Internal Auditors Malaysia (FIIA).

Devanesan was appointed to the Board of AKPK (Agensi Kaunseling dan Pengurusan Kredit) as an independent director and chairman of the audit committee in 2017. AKPK is an agency under the auspices of Bank Negara which provides Credit Counselling and Debt Management for customers of financial institutions.

He is also the past President of the ACCA Advisory Committee, the past-President of the Institute of Internal Auditors Malaysia and a past-Council Member of the Malaysia Institute of Accountants.

Devanesan retired from Bursa Malaysia in 2010 after serving Bursa Malaysia for eighteen years (1992 – 2010). He started his career at Bursa Malaysia as Head of Internal Audit and Risk Management. He was also, at one time, the Chief Regulatory Officer and later, the Chief Market Operations Officer of Bursa Malaysia.

He is also the past President of the ACCA Advisory Committee, the past-President of the Institute of Internal Auditors Malaysia and a past-Council Member of the Malaysia Institute of Accountants.

Currently, Devanesan is a trainer/facilitator in the areas of corporate governance, risks, controls, Listing Requirements, boardroom performance, ethics and other governance and capital market subjects.