Board & Leadership Team

Board of Directors

Kwong Yang Chong Executive Chairman

Kwong Yang Chong is of Australian nationality. He has substantial experience in finance and accounting and is a CPA Australia member. Kwong Yang Chong's relevant experience includes:

  • Audit manager at Ernst & Young for ten years
  • Financial controller of a leading commercial advertisement production Group in Malaysia for 10 years
  • Corporate Finance Manager in Eaton Industries Australia, a member of Eaton Corporation, a Fortune 500 company listed in US, from 2009 to 2014
  • Chief Financial Officer of Donaco International Ltd (an ASX listed company) from 2015 to Jan 2020

Mr Lee Chin WeeExecutive Director

Appointed 8 September 2014, elected Interim Chairman on 8 July 2020 (term ended 30 June 2022), appointed Managing Director effective 30 June 2022.

Lee Chin Wee is a founding shareholder and a director of IOUpay Limited.

Mr. Lee has over 20 years of experience in the Fintech space, mobile payments, mobile banking solutions, digital marketing, and the telecommunications industry. Formerly, he was a business consultant of Accenture focusing on telecommunications billing systems, product development and revenue assurance.

Mr. Lee holds a BEng (Hon., 1st Class) degree in Electrical Engineering from University College, London, and a Master of Business Administration (MBA) from University of Malaya.

Datuk Khairul Idham Bin Ismail D.P.S.M. Independent Non-Executive Director

Datuk Khairul is a lawyer by profession and was called to the Malaysian Bar in September 2000. He holds a LLB (2nd Class Upper Division) from King’s College, London and a Certificate in Legal Practice (C.L.P.) from the Legal Profession Qualifying Board of Malaysia.

Datuk Khairul started his legal career with Messrs David Chong & Co in 2000 before joining the Corporate Secretarial and Legal Department of MMC Corporation Berhad in January 2003. In 2006 Datuk Khairul joined Messrs Naqiz & Partners and was promoted to become its Managing Partner in 2015. Datuk Khairul’s experience in the legal industry includes all corporate & commercial matters, capital markets, Islamic banking & finance, construction and real estate transactions, infrastructure and projects, corporate restructuring, public-private partnerships, privatisation and intellectual property.

Datuk Khairul is also an Independent Non-Executive Director of Niche Capital Emas Holdings Berhad (“Niche Capital”) since 26 May 2015. Niche Capital is a public listed company on Bursa Malaysia Securities Berhad and is principally involved in construction, property investment and jewellery trading. Datuk Khairul was re-designated as the Chairman of the Board of Niche Capital on 29 May 2017.

Paul Russell Non-Executive Director

Paul Russell brings 15 years of institutional banking experience with Australia’s leading financial institutions as a senior structured asset finance practitioner. Operating out of Sydney, he originated and executed transactions for large corporates, governments and institutional relationships across Australia and the Asia-Pacific region. Ranging from big-ticket capex funding for mining, aviation and marine equipment through to portfolio finance for specialised non-bank financial institutions, Paul’s transaction and relationship experience has covered a range of industries, jurisdictions, regulatory frameworks and credit profiles. In his previous role as Director, Structured Asset Finance at Westpac Institutional Bank, Paul was involved in building a portfolio of direct and third-party originated receivables, relationship management, product development, credit structuring & evaluation, and growing the bank’s Debt Capital Markets business. His work included a number of portfolio acquisition opportunities in addition to ongoing funding of new business.

Paul holds a Bachelor of Economics from the University of Sydney (1990) specialising in accounting and econometrics.