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Change in Audit Committee - Resignation {Datuk IG Chandran (Gnanachandran S Ayadurai)}

BackJul 31, 2012
Date of change 31/07/2012
Name Datuk IG Chandran (Gnanachandran S Ayadurai)
Age 59
Nationality Malaysian
Type of change Resignation
Designation Chairman of Audit Committee
Directorate Independent & Non Executive
Qualifications (1) Fellow of the Institute of Chartered Accountants in England and Wales
(2) Chartered member of the Malaysian Institute of Accountants, the Institute of Internal Auditors, the Chartered Institute of Taxation, Malaysia
(3) Associate, Certified Fraud Examiner
(4) Accredited member of the Institute of Directors, Thailand
Working experience and occupation Datuk IG Chandran has over 35 years of working experience in the accounting profession. He joined KPMG Malaysia in 1973 and from 1977 to 1983 articled in the United Kingdom and rejoined KPMG Malaysia in 1984. He was admitted as an audit partner in 1994 and later took on responsibilities in the Advisory Practice in Malaysia from where he retired in 2007. He then joined KPMG Thailand as the head of the Advisory Practice and retired in March 2009.

Datuk IG Chandran’s regional roles include being KPMG’s Asia Pacific Chief Operating Officer of the Internal Audit Services for two years (2003-2004), leader for the Corporate Governance Advisory in KPMG Asia Pacific. He has led a number of KPMG’s large internal audit, governance advisory
and enterprise risk management assignments. He has also served as the audit engagement partner on several listed companies covering various industries including property, hospitality, leisure and insurance (for which he was accredited by Bank Negara Malaysia).

Datuk IG Chandran was the lead partner in KPMG for the provision of internal audit services to over 60 United Nations offices throughout Asia, the Pacific, Arab States and Eastern Europe from 1998 to 2008, and has led several audit missions to post conflict countries including Afghanistan, Iraq, Iran and Timor Leste. Datuk IG Chandran was previously the partner-in-charge of the Forensic Practice in KPMG Malaysia and has undertaken several investigative engagements within Malaysia and internationally. Since mid-2009, he has been providing advisory services to certain government agencies and has been a guest lecturer in local universities and government institutions. Datuk IG Chandran currently also holds the position as Special Advisor to the Chief Commissioner of the Malaysian Anti Corruption.
Directorship of public companies (if any) Nil
Family relationship with any director and/or major shareholder of the listed issuer Nil
Any conflict of interests that he/she has with the listed issuer Nil
Details of any interest in the securities of the listed issuer or its subsidiaries 100,000 units in CMMT
Composition of Audit Committee (Name and Directorate of members after change) Tuan Haji Rosli bin Abdullah – Chairman, Independent Non-Executive Director
Mr Ng Chih Kaye – Member, Independent Non-Executive Director
Mr Ng Kok Siong – Member, Non-Independent Non-Executive Director
Ms Tan Siew Bee – Member, Independent Non-Executive Director


Announcement Info

Stock Name CMMT
Date Announced 31 Jul 2012
Category Change in Audit Committee
Reference No CG-120727-B999D