Tuesday, 29 November 2011

Tan Sri Azman Hashim

Profil Usahawan Pilihan


Known for his perseverance and intelligence, Azman Hashim  is one of the renowned names in Malaysian history. He is the man who vastly contributed towards the economic development of Malaysia and stands amongst the high esteemed and richest people of Malaysia.

Azman Hashim is one of the richest people of Malaysia. Born on July 1939, Tan Sri Dato’ Azman Hashim had thirteen siblings. He spent the early years of his life in Kamung Baru, a place in Kuala Lumpur. Azman Hashim’s success is attributed to his mother, a school teacher, and his father, a strict disciplinarian. Brought up in an environment of strict discipline and wisdom, Azman Hashim passed the Senior Cambridge examination with a first division in the year 1954.

Always a diligent child, Azman Hashim wished to pursue further studies in medical science but as he received the Colombo Plan Scholarship he had to move to Australia to study accountancy. From 1955 to 1960, he studied in Australia and before the age of 21 he became a Chartered Accountant and a Chartered Secretary.

In the year 1960, Azman Hashim was declared Fellow of both the Chartered Institute of Accountants, Australia (FCA Australia) and the Institute of Chartered Secretaries & Administrators (FCIS). Later, due to his intelligence and perseverance, Azman Hashim was also declared the Fellow of the Malaysian Institute of Bankers, the Malaysian Institute of Directors and the Malaysian Institute of Management.

On the 3rd of March 1963, after the completion of his studies and attainment of a successful career, Azman Hashim, married YM Tunku Arishah Tunku Maamor.

Working as a Chartered Accountant, Azman Hashim started his professional career with Messrs O.L. Haines & Co, an Australian company located at Perth in 1955. Later, in 1960, Azman Hashim returned to Malaysia and started working with Bank Negara. Azman Hashim left his job on May 1964 and started his own practice with his own enterprise Azman & Co. With great talent and intelligence, Azman Hashim took his company to greater heights and later it came to be known as Azman Wong Salleh & Co (Chartered Accountants).

In the year 1966, Azman Hashim joined the Board of Malayan Banking Berhad and from 1971-1980 he served there as an Executive Director. In the year 1980, he was appointed as the Executive Chairman of Kwong Yik Bank Berhad. He served there till 1982 and then joined the AmBank Group. Presently, Azman Hashim is the Executive Chairman of the Amcorp Group Berhad and also the chairman of its various subsidiaries.

Azman Hashim is also a Chairman to various other groups and organizations. They include:
  • National Productivity Corporation
  • Non-Aligned Movement’s (”NAM”) Business Council
  • Malaysian Investment Banking Association
  • Co-Chairman of Malaysia-Singapore Roundtable
  • Board of Trustees, Perdana Leadership Foundation.
  • Pacific Basin Economic Council (”PBEC”) International
  • Co-Chair, United Nations Economic and Social Commission for Asia and the Pacific (”UNESCAP”) Business Advisory Council and
Various other organizations have chosen Azman Hashim as their President, which include:
  • Malaysia South-South Association
  • Friends of Prisons Association
  • Malaysia South-South Corporation Berhad
  • Malaysia-Japan Economic Association
Azman Hashim is also the member of:
  • National Economic Consultative Council II (MAPEN II)
  • Business Advisory Council of APEC (”ABAC”)
  • The Trilateral Commission (Asia-Pacific Group)
  • Board of Advisors, AIM Centre for Corporate Social Responsibility
  • Malaysia-British Business Council
  • Malaysia-China Business Council
  • International Advisory Panel, Bank Negara Malaysia
  • International Centre for Education in Islamic Finance (INCEIF)
  • International Advisory Panel,World Islamic Economic Forum and
  • Leader of the ASEAN-Japanese Business Meeting (Malaysia Committee, Keizai Doyukai).
In his bright career Azman Hashim, received a number of awards for his immense contribution towards the economic development of Malaysia. The awards honored to him include:
  • Darjah Kesatria Mangku Negara - 1972
  • Darjah Dato’ Paduka Mahkota Selangor - 1980
  • Johan Mahkota Negara - 1984
  • Asia’s Banker of the Year- 1985
  • Darjah Panglima Setia Mahkota- 1988
  • ASEAN Businessman of the Year- 1993
  • Grand Entrepreneurial Award -1996
  • Menteri Besar Grand Entrepreneurial Award- 1997
  • Sathya Sai Educare Academy Values for Life Excellence- 2004
Azman Hashim received many other awards from various esteemed educational organizations for his contribution to academics, business and community development. In 1985, he was awarded with an Honorary Doctorate in Philosophy by Universiti Utara Malaysia and in 2004 he was awarded an Honorary Doctorate in Business Administration by the Universiti Kebangsaan Malaysia. In the year 2005 Azman Hashim was appointed as the Pro-Chancellor of the Open University Malaysia.

A man with a vivacious personality and high esteem, Azman Hashim’s hobbies include singing, scuba diving, and riding power boats and jet skies. Azman Hashim, with vast contribution to the economic facet of Malaysia and business edification, stands amongst the esteemed persons of Malaysia and the world. Presently, he is recognized as the 11th richest man of Malaysia. 
HE IS a survivor by all accounts. He escaped death in a horrific car crash many years ago. He faced his baptism of fire in the corporate world duringthe property crash of 1985. And he managed to wriggle his way out of the deepest recession the Malaysian economy ever experienced in 1998.
Tan Sri Azman Hashim is the comeback kid of Malaysian banking. At the height of the currency crisis, he almost lost his banking empire. Under the central bank-driven banking consolidation programme, Azman's bank was to be swallowed by a smaller financial group. However, Azman managed to convince the authorities to give his group anchor bank status. In the aftermath of the financial crisis, the Arab-Malaysian group's financial arm rebounded strongly. Its strong performance paved the way for Azman to package a restructuring scheme to address the group's RM1.4 billion debts. Creditors approved the scheme in January last year. Azman's personal debts, which in 1998 was said to be about RM600 million, has alsobeen reduced to a more manageable level.
An affable character, the 61-year-old Azman controls six listed companies through his flagship, Arab-Malaysian Corporation Bhd. He honed his banking skills 40 years ago when he joined Bank Negara at age 21. An accountant by training, Azman was appointed to the board of Malayan Banking Bhd (Maybank), the leading bank in the country, in 1966. At 31, he became its executive director, a post he held until 1980. After a two-year stint in Kwong Yik Bank (Maybank's subsidiary), Azman bought Arab- Malaysian Merchant Bank in April 1982. Azman gradually built up that acquisition into a financial supermarket.
He also ventured into property development, which has proved to be a bane to the group in times of recession. With a penchant for fast cars, water sports and snorkelling, Azman also sings and has cut a few albums together with his wife.

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