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Mr. Chung Chee Leong
President/Chief Executive Officer,
Cagamas Berhad, Malaysia |
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Mr. Chung Chee Leong is currently the President/Chief Executive Officer and an Executive Director of Cagamas Berhad, Malaysia’s national mortgage corporation, a post he held since 1 April 2012.
He spearheaded Cagamas’ entrance into the international bond market. Starting with the A3 Sovereign Equivalent International Rating by Moody’s Investors Services, Mr. Chung was instrumental in establishing the company’s USD5 billion Multicurrency EMTN Programme under which Cagamas’ inaugural and South East Asia largest Offshore Renminbi bond was issued. Under his leadership, Cagamas also concluded the country’s largest Sukuk issuance in 2013.
Mr. Chung served as the first Chairman of the Asian Secondary Mortgage Market Association in 2015. He is currently a member of the Bond Market Sub-Committee established by Bank Negara Malaysia focusing on development of the bond market in Malaysia.
Prior to his appointment, Mr. Chung has 29 years of experience in central banking focusing mainly on financial system stability and the financial sector. He has served as the Director of Bank Negara Malaysia’s (BNM) Banking Supervision Department as well as the Risk Management Department. During his service with BNM, Mr. Chung also carried out assignments for the International Monetary Fund and the Islamic Financial Services Board.
He was involved in the development of Malaysia’s Financial Sector Blue Print 2011- 2020, establishment of the deposit insurance scheme and the Malaysian Corporative Commission. He has previously served as a board member of the Credit Guarantee Corporation Berhad as well as a member of the Small Debt Resolution Committee.
He holds a Bachelor of Economics degree, majoring in Business Administration from the University of Malaya. |
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