[IFCAMSC] Chairman REDESIGNATION - YONG KEANG CHEUN on 20-Jan-2010

Announcement Date
20-Jan-2010
Board Member Information:
Date of Change
20-Jan-2010
Type of Change
REDESIGNATION
Previous Position
Chief Executive Officer
New Position
Chairman
Designation
Chairman
Directorate
Executive
Age
50
Nationality
MALAYSIAN
Qualification
Master Degree in Computer Science from the University of Manitoba, Canada.
Working Experience
Appointed to the Board on 20 November 1997, Yong Keang Cheun was the Chief Executive Officer and founder of the IFCA Group. He also co-founded IFCA Software (Asia) Sdn Bhd (IFCA Software)- the current major shareholder of the Company, in 1987. He obtained his Master Degree in Computer Science from the University of Manitoba, Canada, and started his career as an IT consultant with Arthur Anderson in Malaysia.

With more than 20 years of experience in the ICT industry, he has been involved in many aspect of the software business, including product development, business development and project implementation.

He is responsible for developing the overall strategies policies for the IFCA Group, and has been involved in the research and development of the Group's products. He assumed his position as the Chief Executive Officer in 1997, following an internal restructing exercise that resulted in the transfer of IFCA Software's business operations to the Company.

His visionary and entrepreneurial acumen has won him a series of personal and corporate accolades, including PIKOM's "Technopreneur of the Year" and "Key Industry Leader", Ernst & Young's "Entrepreneur of the Year" and Deloitte's "Technology Fast Track 500".
Directorship of Public Companies
Nil
Family Relationship
He is the brother of Mr. Yong Kian Keong, Deputy Executive Chairman and a major shareholder of the Company.
Conflict of Interest
No.
Interest
Direct interest - 30 ordinary shares
Indirect/deemed interest - 133,269,762 ordinary shares(46.48%)
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