We Value Relationships Above Everything.
Mission
At ACE Investment Bank Limited (AIBL), our mission is to create an agile investment banking environment capable of riding out any economic condition – characterized by innovation, dedication, and professionalism to maximize value to all shareholders, while aspiring to contribute to the development of the global investment banking system in Asia and the community as a whole.
Vision
Our aim is to become Asia Pacific’s most valued and prominent Labuan Investment Bank by providing value-added solutions capable of closing the gaps of any economic needs.
ACE Investment Bank Limited (AIBL) is licensed by the Labuan Financial Services Authority (Labuan FSA) as an
investment banking and investment management firm based in Kuala Lumpur and Labuan.
Our expertise in capital market and investment banking allows us to provide a full spectrum of personalised
solutions to a wide range of clientele including individuals, corporation and institutional clients. These
services include the formulation of strategic plans, investment management, mergers and acquisitions, fund
raising and restructurings aimed at our clients’ growth.
Our vast network of trusted allies across the globe also provides an avenue for the formation of valuable
relationships, acting as a bridge between companies and investors, while paving the way for new business
opportunities.
On 3 January 2017, AIBL obtained its operating license to carry out Labuan investment banking services under
section 86 of the Labuan Financial Services and Securities Act 2010. This includes the provision of investment
banking activities, credit facilities, consultancy and advisory on corporate and investment matters, foreign
exchange transaction, and other forms of financial businesses.
AIBL later applied for a Labuan Islamic investment banking license under section 61(2) of the LIFSSA Act 2010 in
order to expand business operations and better serve its diverse clientele. AIBL’s Labuan Islamic banking
license was approved and awarded on 17 January 2020. In May 2022, AIBL obtained approval to offer digital
financial services as part of its investment banking business.
On 2 September 2021, AIBL also has obtained LFSA’s approval to convert its KL Marketing Office to a Co-Located
Office.
At AIBL, we believe in our people. Consisting of a team of highly skilled professionals from various industries across the continent, our team has a vast pool of experience covering financial services, infrastructure, real estate, transportation, agriculture, healthcare, technology, energy, consumer products, and more.
YBhg. Dato’ Rahim Bin Suboh has an illustrious career spanning over four decades, during which he has made
significant contributions across a diverse range of industries. These sectors encompass banking and finance,
transport operations, mechanical and electrical services, automobiles, trading (both local and
international),
telecommunication, construction and landscape, property development, and foreign currency exchange.
His journey began in 1979 when he joined the Central Bank of Malaysia as an Officer responsible for bank and
currency operations. Nearly 20 years later, Dato’ Rahim transitioned to Airport Coach Sdn Bhd, where he
efficiently managed transport operations to KLIA. In 2004, he assumed the role of Chairman at Hanitek Sdn
Bhd,
a multifaceted company providing mechanical & electrical services to TNB, automobile servicing, trading, and
telecommunication.
While serving as Chairman of Hanitek Sdn Bhd, Dato’ Rahim was offered a position by the Ministry of Finance
in
2009, becoming the Special Officer to the Deputy Minister of Finance. Concurrently, since 2009, he has also
served as the International Advisor for Koperasi Pendidikan Islam Malaysia Bhd (UKHWAH). His commitment to
public service continued until 2013 when he left the Ministry of Finance.
Presently, Dato’ Rahim holds significant positions, including Director of ACE Money Exchange and Director of
Timbunan Pelangi Sdn Bhd. He serves as an Advisor to the Board of Directors of Auto Mastercop Sdn Bhd,
Director of Nik Hussain Holding Sdn Bhd, and Chairman of Teroka Idaman Resources.
In recognition of his remarkable contributions to the nation, Dato’ Rahim was honoured with the prestigious
Darjah Indera Mahkota Pahang (D.I.M.P.) award in 2011, acknowledging his outstanding service and dedication.
Noorliza binti Ismail has more than 29 years’ experience in the banking industry, primarily in the retail
and SME market segment. Noorliza began her career with Kwong Yik Bank, back in 1984, attached with the
accounting department, and growing herself in ranks within the operations department, and officer in charge,
and moving on to the sales team handling retails sales including mortgage, ASB, and personal loans. Noorliza
progressed in her career by taking up the Assistant Branch Manager role, and promoted to Sales Manager in
less than 5 years’ time; overseeing three sales centres in the northern region, with 30 sales personnel
reporting to her. Noorliza, with her sales team secured the Bronze Award for Housing Loan, Silver Award for
Credit Card, and Silver Award for Unit Trust during her tenure as Sales Manager.
Noorliza then moved on from Kwong Yik Bank / RHB Bank Berhad, to be attached to EON Bank, receiving an offer
to take up the branch manager role for EON Bank Sungai Dua branch in Penang. This gave an opportunity to
Noorliza to be an all-round Branch Manager, engaging in sales and operational matters related to Mortgage
Loan, Gratuity/3Ps Loan, Personal Loans, Branch Business Loan & SME Loans, Deposits as well as Wealth
Management. Within the span of 2 years, Noorliza has won various awards such as Top Deposit Branch
Achievement at 194% achievement in May 2007, winning the third place Deposit Campaign in July 2007, and
ranking 8th placing for nationwide – ING Baraka Fund (2nd Quarter) in June 2007, Noorliza further progressed
in her career with the appointment as Community Banking Manager, through the merger between EON Bank Berhad
and Hong Leong Bank Berhad in 2011.
With her extensive experience and knowledge in the banking sector, Noorliza has also taken on the role of
freelance financial and business loans advisor after quitting the banking industry in 2014.
Being a great multi-tasker and an all-rounder, Noorliza also took on the challenge to be a real estate
negotiator on freelance basis since 2018 until present. Noorliza has also recently been appointed in 2021 to
take on the role of Training Coordinator for R.N. Gill Venture Sdn Bhd under the umbrella of Human Resources
Development Corporation (HRDF).
Over the span of her 39 years’ of career, Noorliza has taken on various hats of roles and responsibilities
and has gained vast understanding of various banking products and processes. Noorliza also has equipped
herself with knowledge by enrolling herself in and attending various courses and training, related to her
job scope at the point of employment, and additional courses and training to develop herself in various
areas and gain an insight in areas unfamiliar to her.
In 1999, Mike accomplished his academic journey, earning a Bachelor’s Degree in Accounting from Systematic
College, now recognised as SEGi University College. Subsequently, in 2001, he solidified his expertise as a
qualified Chartered Accountant after obtaining his certification from the Malaysian Institute of
Accountants.
Mike’s professional journey commenced with the esteemed audit firm Khoo and Co., where he served as one of
the firm’s partners for an impressive period of 12 years. Following this, he held the position of Vice
President at Bionas Corporation Berhad for three years, gaining valuable experience in a diverse business
environment. In 2012, Mike took on the role of Financial Controller at AE Multi Holdings Berhad, further
contributing to his extensive repertoire of financial acumen.
Currently, Mike plays a pivotal role in business development at ACE Investment Bank Limited, taking charge
of raising capital for private and public companies throughout the Asia Pacific region. His responsibilities
extend to providing strategic direction to portfolio companies, actively seeking potential deals, and
staying at the forefront of the latest innovations in impact investing, thus driving positive change in the
market. With his wealth of experience and proficiency, Mike continues to make a significant impact in the
financial industry.
Keith is an experienced financial professional with a wealth of expertise acquired at prestigious institutions, specializing in credit rating assessments, IPO execution, mergers and acquisitions, and cross-border financial transactions. His career has been distinguished by significant contributions to pivotal projects and financial ventures that have made a lasting impact on the financial landscape.
Keith embarked on his career journey in 2009 as a management trainee at the Securities Commission Malaysia. During his three-year tenure, he gained extensive knowledge in finance and capital markets. Subsequently, in 2012, he joined Malaysian Rating Corporation Berhad, where he conducted meticulous credit assessments and ratings for prominent projects. Noteworthy among them were the RM23.35 billion Sukuk Musharakah Programme for PLUS Highways and the RM3.65 billion Sukuk associated with TNB Western Energy Berhad's 1,000 MW coal-fired power plant project. These endeavors play a pivotal role in Malaysia's infrastructure landscape, emphasizing the importance of energy security and robust transportation networks for the country's economic growth.
While at TA Securities, Keith played a pivotal role in the successful IPO of Gagasan Nadi Cergas Berhad, achieving a market capitalization of RM225 million to date. He also had the privilege of contributing to the successful listing of Perak Transit Berhad, with a substantial market capitalization of RM970 million to date. His responsibilities encompassed various facets of the IPO process, showcasing his adeptness in managing intricate financial transactions.
In 2019, Keith assumed the role of Vice President in Corporate Finance at AmInvestment Bank, where he led a team of six. Under his leadership, he spearheaded the merger and acquisition of Lagenda Properties Berhad and DBE Gurney Resources Berhad, resulting in a combined market capitalization of RM1.1 billion as of today.
During his tenure at RHB Investment Bank, Keith achieved another remarkable milestone in his career by spearheading Pestech (Cambodia) Plc's IPO exercise in Cambodia. This historic achievement marked the inaugural listing of a Malaysian company on the Cambodia Stock Exchange, boasting a market capitalization of USD47 million. This endeavor showcased his international exposure and his adeptness in navigating the intricacies of cross-border financial transactions.
Currently, Keith holds esteemed positions as the Executive Director and Principal Officer of ACE Investment Bank. In these roles, he is entrusted with steering the overall strategic and operational performance of ACE Investment Bank, driving its growth and profitability agenda. Concurrently, he oversees ACE Investment Bank's investment activities and devises key business strategies for the institution. His responsibilities also encompass cultivating new business opportunities and nurturing valuable relationships with stakeholders in both the private and public sectors, ensuring continuous expansion and business growth for ACE Investment Bank.
Dennis possesses extensive expertise in diverse areas such as investment management, trade finance,
asset-based lending, foreign exchange management, and impact investing, with a particular focus on
developing economies. Over the past 18 years, he has been actively involved in connecting and scaling
emerging technologies at the forefront of innovation and market leadership, driving significant advancements
in social and environmental sustainability within the global industry. Notably, he served as the Executive
Vice President at Sayris Capital UK, showcasing his leadership and strategic acumen.
Having worked in various countries, including the USA, China, Japan, and Malaysia, Dennis has gained
profound knowledge in investment banking, trade finance, asset management, digital asset brokering,
structured finance, venture capital management, and carbon credits projects.
His academic qualifications further enhance his competence, with a master’s degree in Workforce Development
and Organisational Structure, as well as a Bachelor of Science in International Marketing from Indiana
University of Pennsylvania, US, both earned in 2001. Notably, Dennis is fluent in four languages, including
English, Chinese, Malay, and Japanese.
In his current capacity, Dennis assumes responsibility for business development at ACE Investment Bank, with
a primary focus on raising capital for private and public companies in the Asia Pacific region. He excels in
consulting ultra-high-net-worth individuals and corporations on sustainability projects, contributing to the
advancement of impactful initiatives. Furthermore, Dennis provides strategic direction to portfolio
companies and actively champions the integration of cutting-edge innovations into the realm of impact
investing, positioning ACE Investment Bank at the forefront of this dynamic market.
With a remarkable career spanning more than 20 years in the financial industry and capital markets, Sean has ascended to the position of a visionary strategic corporate development leader. Presently, Sean stands as a serial entrepreneur who co-founded JVSakk Group, headquartered in Hong Kong, and has steered the ship as its Group CEO since its inception. Under his leadership, JVSakk Asset Management Limited, the flagship asset management arm of the JVSakk Group, has achieved a remarkable distinction in Hong Kong. In addition to his role at JVSakk Group, Sean holds the position of President at General Reserve of Digital Assets Limited, Hong Kong. In this capacity, he shoulders the critical responsibility of overseeing the entire spectrum of the company's operations.
In the dynamic landscape of financial leadership, Sean's illustrious journey has been punctuated by a series of significant milestones. In 2014, he holds the role of executive director approved by Hong Kong Stock Exchange for Chapter 21 listed company, China Financial Leasing Group Limited, Hong Kong. Simultaneously, Sean took up the mantle of directorship at Deltec Asset Management Limited, Hong Kong, where his visionary leadership extended to the helm of Independent Asset Management division and co-managed the Fund Management division, showcasing his multifaceted expertise.
Sean's journey began as the Chief Executive Officer at Jefferson V Sakk Asset Management Limited, where he acted as Type 4 and 9 Responsible Officer and developed, structured and implemented new product initiatives and marketing strategy for the company. Remarkably, Sean spearheaded the establishment of the JVSakk Opportunity Fund - Greater China (JOFCC), a regulated fund based in the Cayman Islands. In addition to his financial expertise, he orchestrated the transformation of the Independent Asset Management division, expanding its licensed representatives from 2 to more than 60, all while maintaining effective supervision of regulated activities at Jefferson.
In 2007, Sean assumed the role of Associate Director and Senior Analyst in Institutional Sales at Sun Hung Kai Financial Group, Hong Kong, where he co-managed and act as Investment Strategist for Institutional Sales Department. Sean played a foundational role in evaluating direct investment and private equity projects in China and Hong Kong. His responsibilities extended to dealing with major institutional clients across Greater China, Japan, Singapore, and Europe.
A Chartered Financial Analyst (CFA) charterholder and full member of the CFA Institute and Hong Kong Society of Financial Analysts, Sean holds academic credentials with an MBA in Financial Management from the University of Hull and a Postgraduate Diploma in Administrative Studies from the University of Liverpool. Sean also holds a certificate in Investment Performance Measurement.
Sean presently serves as the Chief Executive Officer (CEO) at ACE Investment Bank, where he demonstrates a dynamic and innovative approach in his capacity. His primary focus centers on client acquisition, fundraising, and external engagements. With a rich reservoir of experience within the financial sector, Sean is ideally positioned to guide the investment bank into an epoch marked by a heightened emphasis on nurturing client relationships and adeptly mobilizing resources to propel the institution's growth and triumph.
In 2010, Felix accomplished his academic journey, earning a Bachelor’s Degree in Mathematics and Computer
Graphic from Universiti Malaysia Sabah.
His career took off in 2012 when he joined Citigroup Transaction Services (M) Sdn Bhd as an Implementation
Officer. The following year, he transitioned to a stockbroking firm, assuming the roles of Trader and later
Remisier. While serving as a Remisier at Kenanga Investment Bank, Felix took the initiative to establish an
offshore private fund called Nue3Capital (Labuan) Limited (“Nue3Capital”). As a driving force behind
Nue3Capital ‘s fundraising efforts, he played a significant role in securing USD20 million in SuperAtom’s
Series C seed funding, a Singapore-based fintech firm, in 2022. Moreover, in 2021, Felix took up the
position of Executive Director at NWP Holdings Bhd, a publicly listed company on Bursa Malaysia Securities
Berhad.
Currently, Felix holds a prominent position overseeing the operations of ACE Investment Bank Limited. His
extensive experience in managing a public listed company and an offshore private fund has equipped him with
valuable skills and insights. In his role, he plays a key part in implementing effective business strategies
and establishing a framework for good corporate governance that fosters a positive corporate culture and
aligns with the Company’s vision.
YBhg. Dato’ Devan A/L Iyavoo has over 20 years of experience in various business and commercial sectors. Trained in the field of engineering, Dato’ Devan commenced his career as a registered professional engineer in numerous reputable engineering firms around the country. In 2006, he decided to branch out into the business world and worked in several entrepreneurial companies where he had undertaken numerous roles which includes business development, investment appraisal and performance & risk analysis. Despite his active involvement in business, Dato’ Devan had dedicated his time to further pursuing a bachelor’s in law from the University of London. He is currently the Director for ACE Investment Bank and is responsible for expanding the portfolio across the region.
YBhg. Dato’ Devan is also or had been a director of Asia Tenaga Sdn Bhd, Felda Water Sdn Bhd, Flex Medical Sdn Bhd, Star VOIP Telecommunication Sdn Bhd, Supreme Integration Sdn Bhd, WW Venture Sdn Bhd covering a broad range of sectors which includes land and property investment, multinational trades, infrastructure works, medical product & related equipment and Information Technology & telecommunication services. He is also a director of the People’s First Foundation, focusing on charitable work to alleviate the standard of living or quality of life of the poor, needy or disadvantaged.
Dato’ Devan graduated with a Bachelor of Engineering (Honours) degree in Mechanical Engineering from University Malaysia and subsequently obtained a Masters (MSc) in Management and Finance from University Utara Malaysia. He also pursued a Bachelor of Laws Degree from the University of London (LL.B) and is a Professional Engineer registered with the Board of Engineers Malaysia. In recognition for his services to the nation, Dato’ Devan was conferred the Darjah Dato’ Setia DiRaja Kedah (D.S.D.K.) by Duli Yang Maha Mulia Al-Aminul Karim Sultan Sallehuddin Ibni Almarhum Sultan Badlishah, the Sultan of Negeri Kedah in year 2022.
Johnny is a highly accomplished individual with an impressive track record of success across diverse
industries. As a Director at ACE since 2017, he has been instrumental in strategic planning and business
development, driving exponential growth and profitability for the organisation. Leading cross-functional
teams, Johnny excels in executing business development plans, forging strategic partnerships, and managing
key accounts to enhance market share. With exceptional communication skills, he delivers impactful
presentations to C-level executives and potential investors, influencing the organisation’s overall
direction and success through well-informed decision-making. Diligently monitoring key performance
indicators, he ensures targets are met and compliance with relevant laws, regulations, and ethical practices
is maintained.
In his prior role as Managing Director in the chemical and electronic industry from 2013 to 2017, Johnny
demonstrated visionary leadership and strategic direction, navigating the company through expansion in a
competitive market. His oversight extended to various business operations, including research and
development, manufacturing, sales, marketing, and supply chain management. Through adept alignment with
industry trends and customer demands, Johnny’s strategic plans and optimization efforts led to significant
revenue growth of 30% within the first year, coupled with a 20% reduction in production costs, contributing
to increased profitability.
During his tenure as a General Manager in the automotive and electronic industries from 1997 to 2013, Johnny
skillfully managed daily operations, optimizing production processes, and expanding market reach. Notable
achievements include the successful implementation of lean manufacturing principles, leading to reduced
production lead times by 15% and manufacturing costs by 30%. By optimizing the supply chain and enhancing
inventory management, he achieved an impressive 20% reduction in overall operating costs.
Overall, Johnny’s exceptional leadership, business acumen, and dedication have contributed significantly to
the success and growth of the companies he has served. His expertise spans diverse industries, showcasing a
dynamic and accomplished professional capable of driving impactful change and achieving remarkable results.
Sherlene commenced her career as an accounts officer at Minetech Resources Berhad, as an accounting
graduate, where she developed her knowledge and skills in preparing accounts, budgeting and managing
financial information.
Eager to expand her horizons, Sherlene moved on to a trading and property management company, where she
delved even deeper into the realm of accounting. Her responsibilities included monitoring day-to-day
financial operations, ensuring smooth and accurate processes, and being diligent with the timely submission
of audit reports and tax returns. This experience proved invaluable, enriching her accounting-related
knowledge and skill set.
In May 2021, Sherlene took a significant step forward in her career by joining an Investment Holdings
Company. Here, she assumed a prominent role, focusing primarily on preparing the monthly management
accounts. Her attention to detail and dedication to precision ensure that financial documents are
meticulously accurate, adhering to all relevant regulations, laws, and reporting requirements. Sherlene’s
commitment to compliance guarantees that Investment Holdings Company operates ethically and responsibly in
the financial landscape.
Now, as the Financial Controller of ACE Investment Bank Limited, Sherlene is in a position of great
leadership prestige. Her experience, expertise, and proven track record make her an invaluable asset to the
organisation. In her current role, she is likely responsible for overseeing the company’s financial
operations, and ensuring the company’s financial stability and growth.
Casley has 5 years of professional background in the investment banking industry. Her academic achievements,
including a Master’s degree with distinction in Business Administration from UNITAR International University
and consistent Dean’s List recognition, demonstrate her dedication to academic excellence. Additionally, her
status as a licensed Chartered Secretary from The Malaysian Institute of Chartered Secretaries and
Administrators (MAICSA) further solidifies her expertise in corporate secretarial and
administration.
Before joining ACE Investment Bank, Casley held a significant role as an Operation Manager at an Investment
Holdings Company. In this position, she managed a substantial Asset Under Management Fund worth USD 443
million since 2018. Her responsibilities included portfolio management, visionary planning, monetary
planning, and showcasing her proficiency in business analysis.
Through her diverse experiences, Casley embarked on an entrepreneurial journey and founded business ventures
in property management and event management. She has honed exceptional leadership abilities, developed a
keen acumen for business operations and industry dynamics.
Currently, Casley serves as the General Manager in ACE Investment Bank, pivotal in overseeing the overall
operations, growth, and success of the division within an organisation. She plays a central role in managing
and coordinating various aspects of the division to ensure effective functioning and alignment with the
organisation’s goals.
Wei Zheh is an accomplished finance and investment professional with over 4 years of expertise in the North America and Asian markets. He possesses a diverse background in international settings, having worked across Singapore, Cayman Islands, Cambodia, Thailand, and Malaysia.
Leveraging his extensive expertise in the asset management and capital market sectors, Wei Zheh is currently spearheading the institution’s compliance arm, exercising oversight over the compliance and risk division. In his capacity, he orchestrates internal compliance assessment and surveillance evaluation of departments, implementation of risk management strategies and compliance programmes, managing due diligence protocols and the formulation of AML and SAR policies and procedures, ensuring compliance with regulatory requirements.
In addition to his finance and investment roles, Wei Zheh holds an esteemed Director position at a reputable construction engineering company—a family-owned business that has been shaping the landscape of Kuala Lumpur and Malaysia since 1979.
Previously, at MTC Asset Management, a pioneering asset management and hedge fund headquartered in Malaysia with operations in the Cayman Islands, Wei Zheh played a vital role as an acting manager for the middle and back office, overseeing the core functions of finance, investment, operation and compliance division. In his role overseeing the management of a diverse portfolio with an AUM of USD$1 billion, which encompassed global listed equities funds, separate mandates, and open-ended funds, he directed group strategy and international regulatory reporting, ensuring compliance to CIMA, SC, IFRS and IRAB. Additionally, he managed portfolio risk management and rebalancing, overseeing group and fund audits and crafting Bloomberg investment modelling for diverse investments across USA and Asia-Pacific region.
Before joining ACE Investment Bank, Wei Zheh held the position of Senior Finance Professional at Helicap Pte. Ltd., a prominent Fintech Investment Company headquartered in Singapore with a global presence in France and Southeast Asia. During his tenure, Wei Zheh orchestrated the launch of a USD 150 million Variable Capital Company (VCC) Fund. His role involved overseeing the intricacies of the forecasting process and developing financial models. Wei Zheh also played a pivotal role in refining the group’s financial strategy and planning, overseeing audits of both the group and funds, as well as monitoring fund financial performance, whilst ensuring strict compliance with SFRS, IFRS and IRAS regulations.
Wei Zheh also served as a Senior Auditor at Crowe Malaysia, where he assumed the esteemed position of Vice President of the XO Committee. During his tenure, he expertly led an IPO engagement for a client listing on Bursa Malaysia Securities Berhad. His expertise extends to conducting assurance engagements for Public Listed Companies and Multinational Corporations in diverse industries such as Healthcare, Logistics, Hospitality, Construction and etc. Wei Zheh's specialized skills include financial statement consolidation, group financial reporting in accordance to IFRS, MFRS and MPERS, regulatory compliance, evaluation of clients' risks and internal controls, and special purpose audit engagements for M&A, etc.
Wei Zheh holds a Bachelor's in Business, majoring in accounting, from the Tunku Abdul Rahman University of Management and Technology. He also holds SC Licensing from Securities Commission Malaysia and a certification in Financial Markets from Yale University.
Kien Min is a distinguished Senior Manager with an impressive career spanning over two decades in the realm
of Information Technology (IT) network infrastructure. His journey in the world of technology began with
seven years at Wong & Partners, a prominent Malaysian law firm and a member of the esteemed Baker & McKenzie
International. He then further enriched his expertise during nine years with UBG Berhad, a reputable
investment holding company that offers services including road assessment, property development, trading,
and contracting water equipment.
Throughout his career, Kien Min has demonstrated an unwavering commitment to technology and a genuine
passion for solving complex IT challenges. His extensive experience has shaped him into a true authority in
IT network infrastructure, with a comprehensive understanding of cutting-edge technologies, network
architecture, and security protocols.
Currently, Kien Min serves as the Senior Manager of Information Technology at ACE Investment Bank Limited,
contributing his vast experience and visionary leadership to drive technological excellence within the
organisation.
Contact us if you are interested in activating a fast and cross-border transactions at a competitive rate, our local customer support team will assist you.
