13 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 CHAIRMAN’S MESSAGE THE COMING YEAR This coming year, we will be celebrating Kenanga’s 50th anniversary as a proud home-grown brand that has evolved from a humble stockbroking company to the country’s leading independent investment bank. Over the years, we have dedicated to providing exceptional services to our clients, helping them grow their wealth and achieve their financial goals. While we are keenly aware of the significant uncertainties and complexities that continue to persist around the world, particularly with regards to the ongoing geo-political events, supply chain disruptions and escalating inflation, the Board of Directors (“Board”) is confident that the Group’s fortitude, resourcefulness and resilience – its hallmarks that have been honed through the decades – will enable it to navigate the waters. Our journey thus far has been driven by constant innovation and a commitment to staying ahead of the curve. As we enter our next fifty (50) years, we renew our ambition to deliver best possible solutions and services that are inclusive, meaningful and beneficial to our stakeholders, and to do what it takes to further fortify our foundation, upon which we will continue to spur growth and prosperity, in the years to come. BOARD MOVEMENT On behalf of the Board, I would like to express our gratitude to Mr. Luigi Fortunato Ghirardello (“Mr. Ghirardello”) who retired as Non-Independent Non-Executive Director of Kenanga Investment Bank Berhad in May 2022. Throughout his tenure of thirteen (13) years on the Board, he has provided invaluable guidance, ideas and dedication to the organisation and we are grateful for his contribution. Mr. Ghirardello continues to serve as Chairman of Kenanga Futures Sdn Bhd, a wholly-owned subsidiary of Kenanga Investment Bank Berhad. We extend our best wishes to him for all his future endeavour. I would also like take this opportunity to extend a very warm welcome to Madam Chin Siew Siew, who joined our Board in June 2022. She brings to the Board three (3) decades of experience in the digital and technology industry which comes at an excellent time for the Group’s digital strategy. She has served as Country Chief Digital Officer at IBM where she was also ASEAN Services Leader for IBM Multivendor Business. In that capacity, she oversaw the establishment of the IBM Malaysia Centre of Digital Excellence, which connects start-ups, investors, technology partners and government stakeholders. We very much look forward to her contribution to Kenanga Group as we move forward on our digital journey and transformation. APPRECIATION I would like to express appreciation to Kenanga Group Founder Emeritus and Adviser, YM Tan Sri Dato’ Paduka Tengku Noor Zakiah Tengku Ismail. Her friendship and trust have always been a wonderful source of inspiration for myself and for all of us at Kenanga Group. I would also like to thank my colleagues on the Board for their support and advice throughout the year, as well as the Management and employees of Kenanga Group. Their exemplary service and dedication in these challenging times have deepened and enriched the values that continue to define the Kenanga Group as a whole. Finally, I wish to convey my appreciation to our valued clients, business partners, suppliers and shareholders for their trust in the Group, as well as to Bank Negara Malaysia, Bursa Malaysia Berhad and Securities Commission Malaysia for their advice and support. TAN SRI DATO’ SERI SYED ANWAR JAMALULLAIL Chairman
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