Our Operations During the Movement Control Order.
6 August 2013

Appointment of Dato’ Mohammed Hussein as Chairman of Danajamin Board

Danajamin announced today the appointment of Dato’ Mohamed Hussein as its new non-executive Chairman effective 5 August 2013. He succeeds Dato’ Sri Abdul Hamidy Hafiz who had served as Chairman since Danajamin was established in 2009.

KUALA LUMPUR – Danajamin Nasional Berhad, the country’s Financial Guarantee Insurer, announced today the appointment of Dato’ Mohamed Hussein as its new non-executive Chairman effective 5 August 2013. He succeeds Dato’ Sri Abdul Hamidy Hafiz who had served as Chairman since Danajamin was established in 2009.

Having been a Board member since 2009, Dato’ Mohamed’s appointment will provide Danajamin with continuity to fulfil its mandate of providing companies with access to the bond market.

Dato Mohamed said, “I am honoured and privileged to be entrusted with the responsibility of working with the Board and Management of Danajamin to take it to its next phase of development." Dato Mohammed is a seasoned banker. He spent 31 years with the Maybank Group, was part of the Maybank senior management team for 20 years, and held various senior management positions including Head of Corporate Banking, Head of Commercial Banking, Head of Malaysian Operations, Chief Executive Officer of Aseambankers Malaysia Berhad (now renamed "Maybank Investment Bank") and Executive Director. Prior to his retirement in January 2008, he was the Deputy President/Chief Financial Officer.

Dato Mohammed currently sits on the board of several listed and non-listed companies in Malaysia and Singapore. He is also a member of the Corporate Debt Restructuring Committee of Bank Negara Malaysia.

Dato’ Mohammed holds a Bachelor of Commerce degree majoring in Accounting from the University of Newcastle, New South Wales, Australia. He is also an alumnus of the Advance Management Program, Harvard Business School, Boston, USA.

About Danajamin

Danajamin, the country’s first and only Financial Guarantee Insurer, was established by the Government to be a catalyst to stimulate and further develop the domestic bond and sukuk market. Danajamin’s objective is to provide financial guarantee, a credit enhancement, to bond/sukuk issuances to help viable companies raise long-term fixed rate financing from the bond/sukuk market. The bond/sukuk market is an important alternative source of financing, as it complements the banking sector. Its continuous development is critical in ensuring that Malaysian companies have several funding sources to finance their business expansion and investments.

A AAA-rated company, Danajamin is jointly owned by Minister of Finance Incorporated (50%) and Credit Guarantee Corporation Malaysia Berhad (50%). It has a paid-up capital of RM1 billion with another RM1 billion callable capital. Danajamin is licensed under the Insurance Act 1996, and is regulated and supervised by Bank Negara Malaysia.

For more information about Danajamin, its services as well as its leadership, kindly visit our website www.danajamin.com

Media Contact

Ann Lim
Associate Director, Communications
Tel (03) 2299 2068, (012) 433 7718
Email: ann@danajamin.com

Sharie Elina Ibrahim
Assistant Manager, Communications
Tel : (03) 2299 2069, (012) 6826 300
Email: sharie@danajamin.com

Back to Articles & Media

Other News & Announcement

26 January 2022

Danajamin Guarantees Kejuruteraan Asastera Bhd’s Sukuk Murabahah Programme’s First Tranche

Danajamin Nasional Berhad ("Danajamin") announced that it will guarantee Tranche 1 of KAB Energy Power Sdn Bhd's ("KABEP") inaugural issuance from the RM500.0 million Multi-Currency Islamic Medium Term Notes Programme ("Sukuk Murabahah Programme"). KABEP is a wholly owned subsidiary of Kejuruteraan Asastera Berhad (“KAB” or the “Group”).
27 February 2019

Danajamin Guarantees Pasukhas Green Assets Sdn Bhd RM200 Million Islamic Medium Term Notes Programme

Danajamin’s First Participation in ASEAN Green Socially Responsible Investment (“SRI”) Sukuk Programme.
29 August 2017

Danajamin Provides Inaugural Drop Off Guarantee for a 'Live' Bond by DRB-HICOM's Subsidiary

Danajamin announced that it is guaranteeing a 19-year RM340 million Medium Term Note Programme (MTN Programme) issued by Northern Gateway Infrastructure Sdn Bhd.
26 August 2017

Danajamin Mighty Run Donated RM50,000 Towards a Worthy Cause

About 1000 runners set themselves to support autism awareness at the Danajamin Mighty Run in Centrus Mall, Cyberjaya.
8 May 2017

Danajamin100 Programme to Enrich the Future Leaders of Malaysia

Danajamin held a graduation ceremony at Aloft Hotel, Kuala Lumpur to celebrate Batch 2 students of the Danajamin100 leadership programme.
24 October 2016

Ariffin Hew Appointed to Danajamin's Board of Directors

Danajamin announced the appointment of Ariffin Hew as an Independent Non-Executive Director to the Company’s Board of Directors for a term of three years, effective 25th October 2016.