Tan Sri Dato' Azman Hashim

Tan Sri Dato' Azman Hashim (born July 1939 in Kuala Lumpur) is one of the richest people in Malaysia and his net worth is estimated by Forbes to be US$600 million , making him the 9th richest person in Malaysia 

Early life

Tan Sri Dato’ Azman Hashim was born in July 1939 in Kuala Lumpur to a family of thirteen siblings and spent his childhood in Kampung Baru, Kuala Lumpur. His father was a strict disciplinarian and his mother was a school teacher who later became headmistress of the Kampung Baru Girls’ School. In 1954, he sat for the Senior Cambridge Examination and obtained a first grade. He had wanted to pursue medicine but was offered accountancy instead on a Colombo Plan Scholarship which took him to Australia from 1955 to 1960.He became a Chartered Accountant and Chartered Secretary before the age of 21. He became a Fellow of both the Chartered Institute of Accountants, Australia (FCA Australia) and the Institute of Chartered Secretaries & Administrators (FCIS) in 1960. Later he also became a Fellow of the Institute of Bankers, Malaysia, the Institute of Directors, Malaysia and the Malaysian Institute of Management.

 Career

Tan Sri Dato’ Azman Hashim is well known as a corporate figure. His professional experience began in Perth, Australia where he was employed by Messrs O.L. Haines & Co (Chartered Accountants) from 1955-1960. In 1960, he returned to serve with Bank Negara Malaysia until May 1964 when he left to start his own accountancy practice of Azman & Co which later grew into a partnership, Azman Wong Salleh & Co (Chartered Accountants). He then joined the Board of Malayan Banking Berhad in 1966 and was its Executive Director from 1971 to 1980. He was appointed Executive Chairman of Kwong Yik Bank Berhad in 1980 till 1982 when he became Chairman of the AmBank Group until today. Currently, Tan Sri Dato’ Azman Hashim is Executive Chairman of Amcorp Group Berhad and Chairman of several subsidiaries of the AmBank Group and also Amcorp Properties Berhad.^[2]

Tan Sri Dato’Azman is Chairman of the

§  Malaysian Investment Banking Association

§  National Productivity Corporation

§  Pacific Basin Economic Council International(PBEC)

§  Non-Aligned Movement's (NAM) Business Council

§  Co-Chairman of Malaysia-Singapore Roundtable

§  Co-Chair, United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) Business Advisory Council

§  Board of Trustees, Perdana Leadership Foundation

and President of

§  Malaysia South-South Corporation Berhad

§  Malaysia-Japan Economic Association

§  Malaysia South-South Association

§  Friends of Prisons Association

He is also a Member of the

§  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

§  Leader of the ASEAN-Japanese Business Meeting (Malaysia Committee, Keizai Doyukai)

He also serves as the Treasurer for the Malaysia-US Private Sector Consultative Group and the Malaysia-Australia Foundation and also Vice-Chairman of the Malaysian Business Council and one of the Governors of the Japanese Chamber of Trade and Industry (JACTIM) Malaysia Foundation. He is also one of the trustees for Malaysian Liver Foundation, Better Malaysia Foundation, ECM Libra Foundation in addition to the AmGroup Foundation.

 Past Involvement

His past involvement included the Chairmanship of :

§  Board of Trustees National Art Gallery (from 1984 to 1991)

§  Malaysian Handicraft Development Corporation (from 1997 to 2000)

§  President of Malaysian Medical Association Foundation (from 1991 to 2003 )

§  Member of the Investment Panel of Lembaga Urusan Tabung Haji (Pilgrimage Fund Board) from 1976 to 1995

§  Patron of the Malaysian Endurance Riding Society (from 2001 to 2004)

 Recognition

Tan Sri Dato’ Azman Hashim’s impressive and extensive contribution to many facets of Malaysian economic landscape has not gone unnoticed. To date he has been awarded numerous honours. His first major award was the Darjah ”Kesatria Mangku Negara” bestowed by His Majesty Yang DiPertuan Agong in 1972; His Royal Highness the Sultan of Selangor honoured him with the ”Darjah Dato’ Paduka Mahkota Selangor” (DPMS) in 1980 which carried the title Dato’; this was followed by the ”Johan Mahkota Negara” (JMN) awarded by His Majesty Yang DiPertuan Agong in 1984. The Asian Finance magazine named him ”Asia’s Banker of the Year” in 1985. This was followed by His Majesty Yang DiPertuan Agong awarding him the ”Darjah Panglima Setia Mahkota” (PSM) in 1988 which bestowed on him the title ”Tan Sri”.

Tan Sri Dato’ Azman Hashim has also earned international recognition. In 1993, the ASEAN Business Forum (formerly known as the ASEAN Institute) presented him with the ”ASEAN Businessman of the Year” award. This was followed in 1995 by the ”Manager of the Year” award from the Harvard Business School Alumni Club of Malaysia. The Kuala Lumpur Malay Chamber of Commerce awarded him with the ”Grand Entrepreneurial Award” in June 1996 and a year later he received the ”Menteri Besar Grand Entrepreneurial Award” from the Selangor Chamber of Commerce in 1997. The latest accolade bestowed on him was the ”Sathya Sai Educare Academy Values for Life Excellence” for his humanitarian contribution in 2004. He received a lifetime achievement award, at 4th Annual Islamic Business and Finance Awards 2009.^[3]

As testimony to his inspirational prominence in business and community affairs - Universiti Utara Malaysia honoured him with an Honorary Doctorate in Philosophy in 1985. In recognition of his immense contribution to and success in entrepreneurship, the Universiti Kebangsaan Malaysia awarded him an Honorary Doctorate in Business Administration in 2004.

He is an Honorary Officer of the Order of Australia.

 Personal life

He married on 3 March 1963 and he is blessed with two sons, three daughters and ten grandchildren. Tan Sri Dato’Azman Hashim’s passion also extends to the golf courses and to water sports like riding jet skis, powerboats, scuba diving and he is also known to be the ”Singing Banker”. One of his daughter, Shazrina Azman, is known to be a local artist, nicknamed as Mizz Nina

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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