Lai Mee Fong , Non-Independent Non-Executive Director

Mee Fong, currently the Chief Financial Officer of Touch ‘n Go Sdn Bhd (a wholly owned subsidiary of CIMB Group), which provides contactless electronic payment solutions to transportation ecosystem nationwide and is the largest e-money issuer in the country. Her mandate from CIMB includes partnering the CEO to continue to grow the Touch ‘n Go Sdn Bhd franchise and drive the finance transformation strategy.

Prior to this role, Mee Fong was the Managing Director in CIMB and also held the CFO role in CIMB Digital Asset (CDA), where she was responsible for the overall financial planning and management of CIMB Group’s Strategic digital investments including the Touch ‘n Go franchise and digital bank operations in the Philippines and Vietnam. Her expertise includes financial advisory, tax planning and structuring, financial analysis, risk management and compliance management. She works with the businesses in all spectrum including budgeting and forecast, financial modelling, tax and capital planning, structuring, risk management, compliance and audit management. She was responsible for Group level financial simulation, risk weighted asset and capital impact assessment of each corporate exercise, group initiatives/ projects including recovery planning, stress test simulation, Expected Credit Loss model implementation and various key initiatives including settlement and GL reconciliation. She is instrumental in the roll out of the Group Operational Risk framework across the CDA portfolio and has since been active participants in all risk and audit committees.

Mee Fong has been in the accounting profession for more than 25 years. She started her career with Pricewaterhousecoopers, involved in various assurance and advisory related work for clients from a wide spectrum of industries. Her professional practice had garnered her invaluable experience due to the exposure she had to various types of businesses operations, merger and acquisition and corporate transactions. She gained valuable regulatory experience during her secondment to the Securities Commission in 2004 where she was responsible for the examination of asset management companies in accordance to the Securities Industry Act. Her professional career was further expanded into the private equity space when she took on the role of the Vice President of finance in one of the largest Southeast Asia-based private equity fund managers, Tael Partners, with funds under management of over USD1 billion. In that specific role, she had gained financial insights in deal structuring, valuation model, investment and exit strategies.
 
Mee Fong serves on the board of Capital Advisors Partners and is an active member in the Investment Committee of the infrastructure funds which manage assets across Asia including Malaysia, Indonesia, Pakistan, Philippines and Vietnam. Most recently, she was appointed to the Principal Asset Management Board effective 1 May 2023.

Qualifications: 
Chartered Accountant (CA) of Malaysia Institute of Accountants (MIA) 
Certified Practising Accountant of CPA Australia. 
Bachelor of Business (Accountancy), RMIT University, Melbourne, Australia.