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Ahmad Nazir Che Yen joins DDCAP Group™

DDCAP Group™ is delighted to announce that Mr. Ahmad Nazir Che Yen has joined us in Kuala Lumpur as Business Development Director, reporting to our Regional Chief Representative and Senior Strategic Advisor, Dato’ Seri Dr. Mohamad Zabidi Ahmad. 

Nazir has worked in the financial markets for more than 30 years, during which his career has encompassed Liquidity Management, Foreign Exchange and Money Market activities in the interbank market, as well as Islamic and corporate banking.  

Following previous career positions with Maybank and Affin Bank, Nazir joined CIMB Investment Bank. During his time at CIMB he was appointed Deputy Head of CIMB Islamic Bank Treasury Department, covering London, Singapore, Indonesia and Bahrain. Subsequently, he joined the CIMB Islamic Shariah and Wholesale team as a Director and Head of Group Islamic Banking in the Shariah and Learning Development Unit, focusing on the development of Islamic Treasury products. Nazir was also tasked with overseeing the establishment of an Islamic Treasury unit in CIMB Bank Singapore.

Nazir has frequently presented to Shariah Boards, regulators, financial institutions and corporations on Islamic Treasury products in a number of overseas jurisdictions including Singapore, Hong Kong, Brunei, Philippines, China, Oman and Indonesia. He also regularly provided a range of Islamic finance focused courses for CIMB Group staff. Most recently, Nazir has become an Advisor to the ISRA Consulting Training unit in Malaysia. 

Lawrence Oliver, Group Deputy CEO said “Nazir’s vast financial markets experience, combined with his Shariah expertise, will be of enormous benefit to DDCAP Group™ and we believe that his appointment further demonstrates our long-term commitment to the Shariah compliant markets of South East Asia”.

Stella Cox CBE, Group Managing Director said “We are privileged to welcome Nazir to DDCAP and to include him within our experienced and talented team as we continue to develop our business, and our regional footprint, in Malaysia and more broadly across South East Asia.”

 
For further information contact:
 
Lawrence Oliver
Director, Deputy Chief Executive Officer
DDCAP Group™
Office +44 207 863 1252
l.oliver@ddcap.co.uk
 
Notes

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 and systems solutions to 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 its London headquarters, DDCAP’s international footprint includes representative offices in Bahrain, the Dubai International Financial Centre, Dubai and Kuala Lumpur. DDCAP has a Sharia’a Supervisory Board that includes five, world renowned scholars. 

DDCAP aspires to connect to the global Islamic financial market responsibly and works to promote awareness of the business and ethical case for responsible finance. DDCAP is a signatory to United Nations’ endorsed Principles for Responsible Investment (PRI) and stakeholder endorser of the UN Environmental Programme Finance Initiative’s (UNEP FI) Principles for Responsible Banking. DDCAP is a member of the Global Islamic Finance and SDGs Taskforce, steered by the UK Islamic Finance Council and also a member of the RFI Foundation. DDCAP’s own commitment to Sustainable and Responsible Actions (“SRA”) is being reinforced within policy that extends across its corporate environment and infrastructure, business offerings and services and engagement with its stakeholders and other third parties. 
 
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. 
 
In addition to gaining access to the 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 which include Refinitiv, Murex and Instimatch.
 
Development of ETHOS AFP™ and its functionality is integrated within DDCAP Group’s corporate policy formation, including its SRA programme and the review processes and procedures of its esteemed Sharia’a Supervisory Board.


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