Partners

Syed Zafilen bin Syed Alwee​
Chairman of the Board & Independent Non-Executive Director (“INED”)

Syed Zafilen Syed Alwee (“Syed Zafilen”) was appointed as Chairman and Independent Non-Executive Director (“INED”) of i-VCAP Management Sdn Bhd (“i-VCAP”) on 19 February 2021.

Syed Zafilen is currently an INED of Kenanga Investors Berhad (“KIB”) and the Chairman of Audit and Risk Committee and a member of Investment Committee (“IC”) of KIB. He is also an INED of Libra Invest Berhad (“LIB”), the subsidiary of KIB. At LIB, he holds the position of Chairman of LIB’s IC. He holds a Diploma in Electrical Engineering from Universiti Teknologi Malaysia. He is currently an Executive Director of Grass2Route Sdn Bhd.

He has spent his career managing various sectors of operations of companies such as sales, marketing, technical, management, finance in local listed companies as well as multinationals including Patimas Computers Berhad, Lityan Holdings Berhad, Cahya Mata Sarawak Berhad, Lucent Technologies International (Brunei) Ltd, Motorola, Mobil, as well as having ownership of two other companies.


Imran Devindran bin Abdullah
Independent Non-Executive Director (“INED”)

lmran Devindran bin Abdullah (“Imran Devindran”) was appointed as an Independent Non-Executive Director (“INED”) of i-VCAP Management Sdn Bhd (“i-VCAP”) on 19 February 2021.

lmran Devindran is currently an INED of Kenanga Investors Berhad (“KIB”) and a member of KIB’s Audit and Risk Committee and Investment Committee (“IC”). He is also an INED of Libra Invest Berhad and a member of its IC. He is currently a Senior Associate of BH Lawrence & Co, Advocates and Solicitors in Damansara, Petaling Jaya. He has accumulated over twenty-five (25) years of experience in criminal and civil litigation, with a portfolio that includes expertise in insurance, civil litigation and banking from his tenure as a legal assistant with some of the most established firms in Kuala Lumpur.

Imran Devindran holds an Honours Bachelor of Law (1988) from the University of Buckingham, England and a Certificate of Legal Practice from the University of Malaya. He acquired his formative education in Malaysia, before progressing with his secondary schooling in Singapore and acquiring his A-Levels at Raffles Junior College, Singapore. He was admitted to the Malaysian Bar as an advocate and solicitor in August 1990 after successfully completing his chambering with Messrs. Rashid & Lee in Kuala Lumpur.

lmran Devindran has represented major corporations such as Pan Global Insurance Berhad, Royal Insurance (M) Berhad, Malayan British Assurance, United Oriental Assurance Berhad (now known as Tune Insurance Berhad), Nusantara Worldwide Insurance (M) Sdn Bhd, Progressive Insurance Sdn Bhd and People's Insurance Sdn Bhd. in settlement negotiation, claims consultancy and developing strategies for litigation. lmran Devindran was also active in the North Johor Affairs Committee, from 2003 until 2008. In that capacity, he brought his superb communication skills and vigilant analytical approach to execute his responsibilities mediating and resolving complaints received by the Johor Bar, overseeing the welfare of lawyers and nurturing closer relations between the lawyers and the North Johor judiciary by organizing social interaction activities.


Ismitz Matthew De Alwis
Non-Independent Non-Executive Director ("NINED")

Ismitz Matthew De Alwis (“De Alwis”) was appointed as a Non-Independent Non-Executive Director (“NINED”) of i-VCAP Management Sdn Bhd (“i-VCAP”) on 19 February 2021.

De Alwis is currently the Chief Executive Officer (“CEO”)/ Executive Director of Kenanga Investors Berhad (“KIB”) and a member of the Investment Committee (“IC”) of KIB, and he also serves as a NINED on the Board of Kenanga Islamic Investors Berhad. He is also currently an NINED of Libra Invest Berhad and a member of its IC.

As CEO of KIB, he is responsible for the overall asset and wealth management business of KIB and its subsidiaries. He started his career as an Investment Analyst with a regional research & advisory firm, where he obtained vast regional exposure in Hong Kong, Philippines, Dubai and Singapore. He brings with him more than 25 years' worth of experience, expertise and several leadership roles in the fields of financial and investment management both regionally and locally. He joined Kenanga Investors in June 2013 upon acquisition by Kenanga Investors of ING investment management business in Malaysia, ING Funds Berhad where he was the Executive Director and country head.

He is an alumnus of University of Cambridge, Judge Business School – ABSEP and has also attended the Advanced Business Management Program (ABMP) by International Institute for Management Development (IMD), Lausanne, Switzerland. He holds an MBA and professional qualifications from the Chartered Institute of Marketing UK (CIM UK). He is also a Certified Financial Planner (CFP) and Islamic Financial Planner (IFP). He has a Capital Markets Services Representative’s Licence (CMSRL) from the Securities Commission Malaysia for fund management, investment advice and financial planning.

De Alwis is currently on the board of the Federation of Investment Managers Malaysia (FIMM), Committee Member of Malaysia Association Asset Managers (MAAM), and member of the Licensing Examinations Review Committee (LERC) for the Securities Commission Licensing Examination Module 10: Asset & Funds Management. He was also appointed to the Industry Competency Framework (ICF) Advisory Panel for the Malaysian Capital Market project undertaken by the Securities Industry Development Corporation (SIDC). He is the current President of the Board of Governors for the Financial Planning Association of Malaysia (FPAM) and member of the FTSE Bursa Malaysia Index Advisory Committee.

Syed Umar bin Abdul Rahman Alhadad
Executive Director (“ED”) / Acting Chief Executive Officer

Syed Umar bin Abdul Rahman Alhadad (“Umar Alhadad”) was appointed as an Executive Director and Acting Chief Executive Officer of i-VCAP Management Sdn Bhd (“i-VCAP”) on 19 February 2021.

Prior to joining i-VCAP, Umar Alhadad was Head of Strategic Planning and Risk at Kenanga Investors Berhad (“KIB”). His role revolves around the strategic setting and implementation of key initiatives whilst overseeing the risk management of the company. During his four (4) year period with KIB, Umar Alhadad had led various corporate exercises which include among others merger and acquisition, licence applications and council admission. He was also involved in steering the digital transformation of KIB.

Umar Alhadad was formerly from KIB’s parent Kenanga Investment Bank Berhad (“KIBB”), where he spent a cumulative six (6) years with Group Corporate Planning and Group Transformation. Prior to KIBB, Umar was in the media and advertising sector at Spafax, a WPP Group company where he spearheaded the Malaysian outfit. This was preceded by his employment experience on the rollout and support for digital surveillance system for retail bank branches at Ramtronics Technology Sdn Bhd.

Umar Alhadad is a graduate of Multimedia University, Malaysia in B.Eng (Hons) Electronics Majoring in Telecommunications and a Certified Financial Planner.

Dr. Sahar Effendi Bin Hj Daud
Head, Compliance

Dr. Sahar Effendi Bin Hj Daud joined KIB on 3 November 2014 as the Head of Compliance. He started his career in 1997 with an international affiliated accounting firm before joining the Securities Commission in 2001. Whilst with the SC, he was attached to the Trust and Investment Management Department for about 2 years prior to joining the Investigation Department until his departure from the SC in October 2014. During his tenure with the Investigation Department, he was exposed to numerous high profile cases in various areas involving insider trading, market manipulation, illegal investment schemes, corporate fraud and forensic accounting as well as money laundering related offences.

Dr. Sahar, a Chartered Accountant (Malaysia), holds a Bachelor of Accountancy (Hons) from Universiti Putra Malaysia, MBA (Management and Finance) and Doctor of Business Administration (Accounting: Financial Disclosure, Corporate Governance and Performance Measurement); both from Universiti Utara Malaysia. Dr. Sahar  is also a member of the Malaysian Institute of Accountants (MIA), Chartered Tax Institute of Malaysia (CTIM), Association of Certified Fraud Examiner (ACFE), Malaysian Chapter of the Association of Certified Fraud Examiners (MACFE) as well as the Certified Financial Investigator Alumni (CFIA).

Dr. Sahar is the designated person responsible for compliance matters for the Fund.