Board Members

Adj. Prof. Paul W Chan

Chairman, Perpetual Trustees Berhad

Paul is the Senior Independent Non Executive Director (Sr.INED) and Audit Committee Chairman of AwanBiru Technology Bhd, an IT Services Company listed in Bursa Malaysia, and INED in SGX-listed Audience Analytics Ltd. He had served on numerous Boards of Public Listed Companies and Privately-Owned Companies in industries such as Port Facilities Operations, Manufacturing, an Industrial Group, Life Insurance & Financial Services,Industrial Chemical, Asset Management, Media and in Regulatory Committees and not-for-profit Professional entities. He had served as Chairman of Audit, Nomination, and Risk Committees, a member of Finance & Investment, and Remuneration Committees.

In December 1999, Paul was instrumental in setting up the Financial Planning Association of Malaysia (FPAM) as its Founding Board Member and Vice President and introduced the CFP (Certified Financial Panner) Certification programme to Malaysia. He graduated from The American College, Pennsylvania, USA, in 1989 as Chartered Financial Consultant (ChFC) and Chartered Life Underwriter (CLU). He is also a Certified Senior Advisor (CSA) from Denver,Colorado. Financial Planning was an extension of his practice as a Chartered Accountant/CPA, a Chartered Secretary, and in Business/Strategic Consultancy.

Paul is the President & Co-Founder of Malaysian Alliance of Corporate Directors (MACD) in February 2009, a not-for-profit, independent, membership entity, and Vice President I of Federation of Public Listed Companies (FPLC). He brings his wide knowledge, experience, and practices in Financial Planning, including Trust Advisory Services, to the Corporate Sector.

He serves on the Strategic and Membership Committees of GNDI (Global Network of Director Institutes) that has 24 leading Director Institutes globally with over 150,000 individual members. He has delivered and facilitated numerous presentations in forums, seminars, workshops, and conferences, locally and internationally, on issues of Corporate Governance, Board Practices, Directorship, Integrated Value Creation and Corporate Reporting. He serves on the global ESG Exchange Advisory Committee, based in South Africa.

A Chartered Accountant, a Fellow Member of, respectively, the Association of Chartered Certified Accountants (FCCA, UK), the Institute of Chartered Secretaries and Administrators (FCIS)/Chartered Governance Institute (FCG, UK), and CPA Australia (FCPA), he is also an NACD Governance Fellow and NACD Board Leadership Fellow of the National Association of
Corporate Directors, and a Life-Member of Ascend Pinnacle Asian Corporate Directors, USA. He is an Adjunct Practice Professor in Sunway University Business School.

Paul is the President of Business Transitions Asia Sdn Bhd, a boutique strategic business advisory firm. He is based in Malaysia and travels widely in ASEAN, Asia-Pacific, the US and Europe.

Sheela Vasuthevan

Director and Chief Executive Officer

Sheela Vasuthevan has been the Director of Perpetual Trustees Berhad since May 2010. She has more than 11 years of experience in the Trust Industry and personally oversees the business operations and administration that includes financial management, compliance and procedures, human resources and management and investment and business strategies for the Company as the Chief Executive Officer.

In her role as Director of the Company, her greatest commitment has always been operating the company and its business with highest level of integrity and efficiency.

One of her notable achievements is the implementation of high standard of corporate governance that has been put in place as guided by the Trust regulations prescribed in the Trust Companies Act 1949 and has ensured it is complied across the board.

Encik Mohd Taufek Bin Md Sani

Independent Director

Encik Mohd Taufek Bin Md Sani graduated from University of Malaya with LL.B (Hons.) in 1993. He read in the chambers of Mr. Jargit Singh of Messrs Yusof, Jargit & Co. and was called to the Bar in April 1994.

He joined Messrs Yusof, Jargit & Co. as a legal assistant practicing in the area of civil litigation. Thereafter, he joined Messrs Mustapha Ling & Co. where he served in the capacity of a legal assistant practicing in the area of Insurance and banking litigation. Subsequently in 2001, he joined Messrs Ngan Arifah & Chai as one of its senior legal assistants specializing in conveyance and banking matters.

During his tenure for 11 years with Messrs Ngan Arifah & Chai, Encik Taufek handled all legal work involving land owners and Developers especially on acquisition of land for development. Besides that he was also involved in preparing under construction Sale and Purchase Agreement for house buyer as well as for sub-sales case.

He was also involved in handling loan documentation for Banks. Amongst the Banks that he actively involved with are CitiBank Berhad, Hong Leong Bank Berhad, Alliance Bank Berhad, Standard Chartered Bank Malaysia Berhad, CIMB Bank and RHB.

On the corporate side, Encik Taufek was also involved in drafting Joint Venture Agreement, Share Holders Agreement, Sale of Shares, Franchise Agreement, Distributorship Agreement and Agency Agreement.

He joined with Messrs Murali B. Pillai & Associates in Feb 2013 as a partner and will be practicing in the area of corporate matters, conveyance, banking practice and Syariah banking, Will, Trust and Estate administrative law.