IGB Berhad announced appointment of Lee Kok Kwan as Independent Director. Dato' Lee Kok Kwan was Deputy Chief Executive Officer of CIMB Group prior to his appointment to the boards of CIMB Group Holdings Berhad and CIMB Bank Berhad. His areas of responsibilities included Treasury, the Sales & Trading businesses of the Group in interest rates, credit, foreign exchange, bonds, equity, commodities and their derivatives, investments, corporate and transaction banking and debt capital markets, which he developed since joining CIMB in 1996, and has since grown the businesses to be one of the large financial markets operations in ASEAN.

Prior to joining CIMB, Dato' Lee had more than eight years of markets and banking experience in the Canadian banking industry. He was Treasury Portfolio Manager responsible for interest rates and optionality risk and return for a leading Canadian bank and was a member of its Senior Asset-Liability Management Committee. Dato' Lee is a member of the Board of Trustees of the Capital Markets Development Fund (CMDF),and Chairperson of the Bond and Sukuk Information Platform.