Richest people in Malaysia Options : Dato Kamarudin bin Meranun

 DATO' KAMARUDIN MERANUN

Age: 52

Source of Wealth: airlines

Country of Citizenship: Malaysia

Marital Status: Married

Children: 5

Dato Kamarudin bin Meranun Co-founded Tune Group Sdn Bhd in 2001. Dato bin Meranun served as Group Deputy Chief Executive Officer of AirAsia Bhd from December 2005 to June 30, 2012 and also served as its President of Group Finance, Treasury, Corporate Finance & Legal until June 30, 2012. Prior to Airasia, he served at Arab-Malaysian Merchant Bank as a Portfolio Manager from 1988 to 1993, managed both institutional and high net-worth individual clients' investment funds. He subsequently acquired the shares of its joint venture partner of Innosabah Capital Management Sdn Bhd, which was later renamed Intrinsic Capital Management Sdn Bhd. He serves as a Director of Airspace Communications Sdn. Bhd. He has been Chairman of AirAsia (B) Sdn Bhd since November 6, 2013 and has been its Executive Director since November 6, 2013. He has been a Non Independent & Non Executive Director of Tune Ins Holdings Berhad since March 11, 2013. He serves as a Director of Queens Park Rangers Football & Athletic Club Limited and Asia Aviation Public Company Limited. He served as a Non-Executive Director at Airasia X Berhad since June 30, 2012. Dato bin Meranun served as a Director of Malaysian Airline System Bhd from August 11, 2011 to April 30, 2012 and Executive Director of Airasia Bhd from December 12, 2001 to June 30, 2012. He served as Executive Director of Innosabah Capital Management Sdn Bhd since 1994, a subsidiary of Innosabah Securities Sdn Bhd. Dato bin Meranun received a Diploma in Actuarial Science from University Technology MARA (UiTM) and was named the 'Best Actuarial Student' by the Life Insurance Institute of Malaysia in 1983. He received a B.Sc. degree with Distinction (Magna Cum Laude) majoring in Finance in 1986, and an MBA in 1987 from Central Michigan University

Director

Asia Aviation Public Company Limited

Director

AirAsia (B) Sdn Bhd

Director

Airspace Communications Sdn. Bhd.

Member of the Board of Directors

Queens Park Rangers Football & Athletic Club Limited

2006-Present

Non Independent Non-Executive Director and Member of Remuneration Committee

AirAsia X Berhad

2011-2012

Former Non Independent Non Executive Director and Member of Executive Committee

Malaysian Airline System Bhd

2013-Present

Executive Chairman and Chairman of Employees Share Option Scheme Committee

AirAsia Berhad

2013-Present

Non Independent & Non Executive Director

Tune Ins Holdings Berhad

Education*

BS 1986

Central Michigan University

MBA 1987

Central Michigan University

Other Affiliations*

Malaysian Airline System Bhd

Central Michigan University

Asia Aviation Public Company Limited

Universiti Teknologi Mara

AirAsia (B) Sdn Bhd

AirAsia X Berhad

Airspace Communications Sdn. Bhd.

Tune Group Sdn Bhd

Queens Park Rangers Football & Athletic Club Limited

Tune Ins Holdings Berhad

Caterham

Kamarudin Meranun

Co-Chairman, Caterham Group

Dato' Kamarudin Bin Meranun has become one of Malaysia's most successful business tycoons, working alongside Tony Fernandes to make AirAsia a true phenomenon within and outside of the aviation industry.

With an honours and masters degree in Finance, Kamarudin's career started at the end of the 1980s when he joined the Arab-Malaysian Merchant Bank, where he stayed from 1988 to 1993 as a Portfolio Manager, managing both institutional and high net-worth individual clients' investment funds.

In 1994, he was appointed Executive Director of Innosabah Capital Management Sdn Bhd, a subsidiary of Innosabah Securities Sdn Bhd. He subsequently acquired the shares of its joint venture partner of Innosabah Capital Management Sdn Bhd, which was later renamed Intrinsic Capital Management Sdn Bhd.

Kamarudin then sold a private music label to Warner Music and later joined forces with his long-serving business partner Tony Fernandes to co-found AirAsia, Tune Hotels and AirAsia X. He now holds the position of Deputy Group CEO of AirAsia and Deputy Team Principal of Caterham F1 Team.