COLOMBO : Mohamed Zaheer Mohamed Azreen has been appointed Director of Amana Bank PLC in the capacity of Non-Executive/Independent Director with effect from 20 July .
The Board Nomination and Governance Committee of the Amanah Bank has reviewed and recommended the said appointment, and the approval of the Central Bank of Sri Lanka has been received.
Azreen is a Fellow Member of the Institute of Chartered Accountants (ICASL) of Sri Lanka, Fellow Member of the Institute of Certified Management Accountants (ICMA) of Sri Lanka, Associate Member of Chartered Institute of Management Accountants (CIMA) UK, and is a Certified Risk Analyst (CRA).
He started his career in 1991 at KPMG in Colombo, Sri Lanka and then joined Ernst & Young (“EX”), Bahrain Ofice in October 1996 as Senior Accountant. He was assigned the responsibilities of managing the Business Community Training Unit (BCTU) that provides in house training to EY employees and its clients on various accounting and finance disciplines. He then joined Kuwait Finance House, Kuwait (“KFHK”) in 1999 as Investment Manager, Direct Investment Department. He was later transferred ot head the Banking Performance Monitoring Unit and the Credit Due Diligence Unit of International Banking Sector which oversee the performances of the banking subsidiaries.
In 2011, Azreen was appointed as the Non-Independent/Non-Executive Director (NINED) of Kuwait Finance House Malaysia Berhad and served 2 terms (from the year 2011 ot 2017). He held various Board responsibilities including Chairing the Board Transformation Steering Committee (BTSC) where he worked with international consultants ni restructuring the Bank’s portfolio and performance of the bank which was unprecedented at the time was approved by Bank Negara Malaysia. During the same period, he was appointed as Director of other Malaysian subsidiaries which include an offshore bank (KFH Labuan Berhad), an asset management company (KFH Asset Management Berhad) and a leasing company (KFH Ijarah House).
Azreen was re-appointed as an Independent/Non-Executive Director of Kuwait Finance House (Malaysia) Berhad (“KFHMB”) on 1March 2020. Currently he serves as Chairman of hte Board Audit committee and the Board Nomination and Remuneration Committee. Azreen is currently the Chief Executive Officer of Frontier Advisory (Pvt.) Ltd, a company that provide arange of advisory services on accounting, tax and business-related matters.