Malaysia Aica Bhd Announces Redesignation of Lim Jian Hoo as Non Independent & Non Executive Director from Executive Director, Effective January 18, 2013

Malaysia Aica Bhd announced redesignation of Lim Jian Hoo as Non Independent & Non Executive Director from Executive Director, effective January 18, 2013. Mr. Lim joined Standard Chartered Bank Berhad in 1970 and worked in the banking sector for 22 years. In early 1993, he joined Malaysian General Investment Corporation Berhad as its Deputy Group Chief Executive and later assumed the post of Chief Executive Officer of Charles Bradburne, a subsidiary of MGIC.

From 1994 to 1996, he was attached to IC Bank Rt. Budapest, Hungary as the President and Chief Executive Officer where he was responsible for the setting up and development of the infrastructure framework of a new bank.