Land & General Berhad announced appointment of Encik Faezali Bin Mustafa R. Jumabhoy as Independent and Non Executive Director. Date of change is 21 November 2023. Age is 61. Masters: Professional Studies, Real Estate Finance & Marketing, Cornell University, School of Hotel Administration, Ithaca, NY, USA. Degree: Bachelor of Science in Business Administration, Finance & Quantitative Methods, Babson College, Wellesley, Massachusetts, USA. Encik Faez has more than 30 years working experience in international real estate and hospitality industry investment and development advisory, funding, financing, asset management and investment banking. He is currently Director at Globus Holdings Limited Hong Kong delivering real estate and hospitality industry development, investment, debt, capital markets and operating solutions directly by the founders of TransAct ASIA and Globus, benefiting clients through a combined 100-years of senior expertise and professional careers encompassing over 1,000 completed international engagements. Previously, as Managing Director, Sector Head Real Estate Wholesale Banking, CIMB Banking Group, Kuala Lumpur (April 2011 June 2023), he guided CIMB to a leading position in acquisition and development financing and issuance of REITs/IPOs in ASEAN through early-stage client interaction, deal input and product structuring. He implemented a loans review system with Group Banking and Group Risk resulting in zero default during his tenure in real estate with the Group. Prior to CIMB, he was Co-Founder & Managing Director, TRANSACT ASIA, Kuala Lumpur & Hong Kong (September 1994 - April 2011) and developed TRANSACT ASIA into an internationally recognized boutique hospitality and real estate advisory firm. His other working experience includes:
(a)as Director, Horwath Asia Pacific, Hong Kong & Singapore (November 1991 - September 1994); (b) as Group Operations Analyst, Mandarin Oriental Hotel Group, Hong Kong (October 1990 - October 1991); (c) as Controller du Credit, National Bank of Abu Dhabi, Paris, France (June 1987 - March 1988); and (d) as Operations Manager, R. Jumabhoy & Sons (M) Sdn. Bhd. (January 1985 September 1986). Encik Faez is a regular invited speaker-panellist at HICAP Hong Kong and Singapore, HOFTEL Hong Kong, SEAHIS Bangkok, REITs Asia Pacific Singapore, FHA Singapore, APHIC Bangkok and Malaysia REITS Forum Kuala Lumpur.