DDCAP Group™ is privileged to announce that Dato’ Dr. Mohamad Zabidi Ahmad will join us as our Senior Strategic Advisor for the development of DDCAP and ETHOS AFP™ Treasury focused services and also for our client business in South East Asia. He will be based in Kuala Lumpur, where DDCAP Group™ opened its regional office in 2018.
Stella Cox, Group Managing Director, said “we are honoured to have Dato’ Dr. Zabidi join us. Due to the longevity of his financial sector career and his commitment to academic and professional advancement for the benefit of our industry, his reputation as a leading Islamic Treasury market specialist is unsurpassed”.
Dato’ Dr. Zabidi has worked in the banking industry for 38 years. He has amassed 19 years’ experience in Group Treasury product and functions (conventional & Islamic) including corporate (deposits, investment, client solutions), interbank, fixed income and derivatives, product development, structuring and marketing.
He previously served as the Senior Managing Director and Regional Head, Islamic Treasury, Treasury and Markets, Group Wholesale Banking, for CIMB Group. During that time he was responsible for the development of CIMB Group’s regional Islamic Treasury franchises, managing over RM 100 billion of Islamic assets for CIMB Group Islamic Banking. His country focused treasury remits included Singapore, Indonesia, Brunei and Thailand and for 5 years he was based in London as Chief Dealer. His innovations included the introduction of CIMB’s Islamic Repo contract.
Dato’ Dr. Zabidi held various additional executive management positions within the CIMB Group, including Chairman of Investment Account Oversight Committee (IAOC); Member of the Group Islamic Management Committee (GIBC), the Treasury & Market Committee (TMC) and the Group Islamic Wholesale Banking Committee (GIWBC). Dato’ Dr. Zabidi has been widely recognised for his leadership, with CIMB announced as “Best Islamic Bank for Treasury Management” at the IFN Awards in 2019.
Dato’ Dr. Zabidi previously participated in the Bursa Malaysia / Bank Negara Malaysia Working Group resulting in the formation of the Bursa Suq Al-Sila’ Commodity House and the Working Group resulting in the establishment of the International Islamic Liquidity Management Corporation (IILM). He served as a proactive Chairman of AIBIM Treasury & Markets, leading the CMTC Sukuk Index Task Force in the successful launch of the Sovereign & Corporate Bloomberg-AIBIM-Bursa Sukuk Index in September 2012. In 2018, under his leadership, AIBIM also published the practice notes for Qard Hassan and Commodity Murabaha for adoption by AIBIM members.
Dato’ Dr. Zabidi has presented papers on Islamic Treasury products to various Central Banks, including the Hong Kong Monetary Authority, Bank Indonesia and Bank Negara Malaysia.
Amongst his academic and professional achievements Dato’ Dr. Zabidi holds a Doctorate in Business Administration from OYAGSB, UUM and is a Bachelor in Accountancy with Honours, UITM. A qualified Chartered Accountant, he is a practicing Member of the Malaysian Institute of Accountants (MIA), a Certified Senior Financial Market Practitioner (CSMP) by ACI-Financial Market of Malaysia (FMAM) & The Asian Institute of Chartered Bankers (AICB), holds an Associate Qualification in Islamic Finance (AQIF) from Islamic Banking & Finance Institute Malaysia (IBFIM) and that of Senior Associate from the Chartered Institute of Islamic Finance (CIIF). Recently he was appointed as Industry Distinguished Research Fellow for the Institute of Sustainable, Growth and Urban Development of UUM (ISGUD) and a Member of the Investment Committee for International Institute of Advanced Islamic Studies (IAIS) Malaysia. He also serves as Adjunct Professor at Perdana University.
In 2020, Dato’ Dr. Zabidi completed the Oxford Leadership Executive Programme at Sa’id Business School at Oxford University and the ACI Online FX Global Code by ACI (The Financial Markets Association).
Notes
About ETHOS AFP™ and ETHOSTerminal™
ETHOS AFP™ is a market leading, multiple award-winning real-time trade and post trade services platform which provides continuous coverage and enables DDCAP clients worldwide to purchase from a responsible, diverse asset inventory via a secure, web-based portal for onward sale to their own clients and counterparties. The open market platform with full STP functionality delivers an array of benefits and efficiencies whilst mitigating trade and operational risks.
ETHOSTerminal™ was launched in 2021 and brings additional integration functionality to DDCAP clients via an open market environment that enables users full discretion in choosing trade counterparts. This upgraded functionality has been developed in response to user demand and Sharia’a preferences. In combination, these have caused Islamic financial market banks and institutions to seek transactional flexibility that enables them to select, and alternate, the market counterparties that they contract with for their individual trade requirements.
About DDCAP Group™
Headquartered in London, DDCAP Group™ is a market intermediary and financial technology solutions provider connecting the global Islamic financial market responsibly for over 20 years. Working with conventional and Islamic banks and financial institutions, DDCAP offers award-winning asset facilitation services and technology to over 300 Islamic financial sector clients across a diverse range of responsible and sustainable Sharia’a-compliant products, asset classes and instruments in both the primary and secondary markets. Outside of our London headquarters, DDCAP’s international footprint includes representative offices in the DIFC, Dubai and in Kuala Lumpur. DDCAP has a Sharia’a Supervisory Board that includes five, world renowned scholars.
In addition to gaining access to our Sharia’a compliant automated trade and post trade services platform, ETHOS AFP™ and to the extended functionality of ETHOSTerminal™, DDCAP clients and counterparties also have access to the fully integrated service solutions of DDCAP’s diverse and market leading technology partners.
DDCAP aspires to connect to the global Islamic financial market responsibly and we work to promote awareness of the business and ethical case for responsible finance. DDCAP’s own commitment to SRA is being reinforced across our corporate environment and infrastructure, our business offerings and services and our engagement with our stakeholders and other third parties.
Contact
Lawrence Oliver
DDCAP Group™
Director, Deputy Chief Executive Officer
Office +44 207 863 1252
l.oliver@ddcap.co.uk
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