Appointment of OFS New Board of Directors

OFS is pleased to announce the appointment of our new Non-Executive Independent Directors, Mr David Tan See Dip, Dato’ Dr. Paul Selva Raj and Ms Sujatha Sekhar Naik since September 2020.


Mr David Tan See Dip


David holds a Bachelor of Commerce and Administration degree from Victoria University of Wellington, New Zealand. He also qualified as a chartered accountant, chartered company secretary and certified insurance practitioner and was a member of the Chartered Accountants Australia & New Zealand, Institute of Chartered Secretaries & Administrators, Malaysia Institute of Accountants, and a Senior Associate of The Australia and New Zealand Institute of Insurance and Finance until his retirement.


David retired after 40 years in the finance and insurance industry. Started his career as an auditor, then an accountant and various other roles including as underwriter, broker and advisor and culminating his working career as a CEO of an insurance company in Malaysia. He has also served as a Management Committee of Persatuan Insurans Am Malaysia and was a Board of Trustees of MySalam and is currently an Academic Council member of Malaysia Insurance Institute.


Dato’ Dr. Paul Selva Raj


Dato’ Dr. Paul is currently the Secretary General and Chief Executive Officer of the Federation of Malaysian Consumers Associations (FOMCA), and the Chief Executive Officer for the National Consumer Complaints Centre (NCCC) as well as the Consumer Research and Resource Centre (CRRC).


Dato’ Dr. Paul oversees consumer advocacy, education, complaints, and research to strengthen consumer protection and consumer welfare. He has been involved with the consumer movement for more than 30 years. He represented FOMCA in various task forces and consumer areas including cost of living, healthcare, financial literacy, public transport, consumer education, and consumer laws. He was the member of the National Economic Council under the previous administration.


Dato’ Dr. Paul is currently the Chief Editor of the Ringgit, a monthly bulletin focusing on financial education as well as the chief editor for the CRRC Review, a journal on enhancing research on consumer issues. He was the second editor of the book, “Consumer Issues in Malaysia: Strengthening Consumer Protection and Enhancing Consumer Empowerment”.


He was a senior lecturer in Psychology at a private university and was the Executive Director of Yayasan SALAM Malaysia, an NGO promoting voluntarism and civil society involvement amongst Malaysian citizens. He had served as the Head of Research for the Institute for Policy Research (IKD), a think-tank focusing on social policies and consumer related issues.


He possesses a PhD in Business Administration from Open University Malaysia, Masters in Psychology from Universiti Malaya and B.Sc. (Agribusiness) from Universiti Pertanian Malaysia.


Ms Sujatha Sekhar Naik


Sujatha is a senior capital markets professional whose experience encompasses policy and strategy development, governance, compliance, and dispute resolution. She is the Managing Partner and Principal Consultant of SSN Consult Plt. With over 30 years of experience in legal and capital market work, Sujatha brings a depth of experience and a practical and holistic understanding of financial markets, the regulatory framework and investor concerns and challenges.


She served as CEO of the Securities Industry Dispute Resolution Center (SIDREC) from 2013 to 2019. As CEO, she helped steer SIDREC’s dispute resolution service to be at par with international best practice and in step with developments in the capital market.


Her prior work as a regulator at the Securities Commission Malaysia (SC), included advisory and reform work in both the General Counsel’s Office and the Corporate Finance and Investments Business Group. She was involved in SC’s major policy and reform work and responsible for the development and implementation of the investor education strategy and management of complaints on market misconduct.


Sujatha obtained her LLB (Hons) degree from the University of London and was called to the Bar of England and Wales in 1989 and re-qualified with the Law Society of England and Wales as a Solicitor in 1990. She was called to the Malaysian Bar in 1998 and is an accredited mediator and certified trainer and coach of the Bar Council’s Malaysian Mediation Centre.


Sujatha is currently a member the Board of Governors of the Malaysian Institute of Corporate Governance (MICG) and an Associate Director with RAA Capital Partners Sdn Bhd.

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