• DBOS Appoints Sim Kheng Boon As CEO

    Published: Thursday, 10 August 2017
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    KUCHING: The Chief Minister’s office today announced the appointment of Mr. Sim Kheng Boon as the Chief Executive Officer of the newly-formed Sarawak Development Bank Bhd. ( DBOS) effective on 1st August 2017.

    Following the appointment of the CEO and other the professionals in his core team, DBOS will be ready to commence operation by 1st January, 2018.

    Sixty-two year old Sim will be fully supported by the Board of DBOS comprising of its chairman, Tan Sri Datuk Amar Haji Mohamad Morshidi Bin Abdul Ghani, the State Secretary and members Sharkawi Bin Alis, Christopher Adrian and Datu Laura Lee Ngien Hion.

    Sim is a Sarawakian who graduated with a Degree of Commerce (Hons) from the University of Windsor, Ontario, Canada. He is also an associate member of Asian Institute of Chartered Banker.

    He has more than 30 years of extensive experience and skill in the financial industry and is a recognised and reputable corporate figure in the industry.

    Sim served as Executive Director, East Malaysia of Kenanga Investment Bank Bhd. from 2012 to 2015. He had also served with AmBank AmInvestment Bank Bhd for almost 30 years. His last position with the bank was as the Director, Sarawak Region.

    He joined AmInvestment Bank in 1983 in line functions and later promoted to key managerial positions with significant leadership roles.

    During his tenure with Ambank Group, he was instrumental in grooming Sarawak – based companies for public listing besides providing corporate advisory services in fund raising via capital markets, corporate structuring as well as financial advisory on merges of acquisitions.

    In addition, Sim served as an independent Director of Zecon Bhd. and retired just recently. - Sarawakiana

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