Privasia Technology Berhad announced the appointment of Mr. Yip Kit Weng as Independent and Non Executive Director of the company, with effect from November 15, 2022. Age: 51. Working experience and occupation: Mr. Yip Kit Weng (Mr. Yip) has approximately 30 years of experience in Equity Fundraising, Corporate Finance and Advisory Services, Corporate Banking, Private Debt Securities Issuances and Private Equity Transactions.

Mr. Yip is currently serving as Independent Non-Executive Director of Esente Capital Berhad. Prior to this, he was the Deputy Group Managing Director of Affin Hwang Investment Bank Berhad from October 2019 to November 2021. From December 2019 to October 2021, Mr. Yip also served as Non-Independent Non-Executive Director of Affin Hwang Asset Management Berhad and AIIMAN Asset Management Sdn Bhd.

Prior to that, Mr. Yip was the Executive Director and Head of Investment Banking at Nomura Securities Malaysia Berhad since 2014. Preceding this, he held the position of Director, Corporate and Investment Banking Services at RHB Investment Bank. He also spent four years from 2010 to 2013, as Director/Team Head of Equity Capital Markets with CIMB Investment Bank.

He started his career in 1993 with Messrs Pricewaterhouse before joining Urama Merchant Bank Berhad (formerly known as Utama Wardley Berhad) a three years later. He spent a total of eight years in as Senior Manager, Corporate Finance with Utama Merchant Bank Berhad and also worked as Executive Director with AFG Advisory Sdn Bhd from 2004 to 2008. He also currently serves as a Divisional Councillor for CPA Australia Malaysia Division effective January 2021 and was recently elected as Deputy President for the calendar year 2023.

Fellow of Certified Practising Accountant, Australia (FCPA): Australian Society of Certified Practising Accountants (CPAs); Professional Qualification Certified Financial Planner (CFP): Financial Planning Association of Malaysia (FPAM). Professional Qualification Chartered Accountant: The Malaysian Institute of Accountants (MIA). Professional Qualification Member: Chartered Tax Institute of Malaysia (CTIM).

Degree Bachelor of Commerce (Accounting & Finance): The University of Western Australia.