FMI EXECUTIVE OFFICE
Theim Wai @ Serge Pun is the founder and Chairman of the Serge Pun & Associates (SPA) Group. He has over 40 years of international business and investment experience in Hong Kong, China, Taiwan, Malaysia, Thailand, Singapore, Western Europe, North America and Myanmar.
Mr. Serge Pun plays an instrumental role in providing the Company with strong leadership and vision, assisting the Board to develop policies and strategies and ensuring that these are implemented effectively, as well as to promote high standards of corporate governance.
As Executive Chairman, he bears primary responsibility for the workings of the Board by ensuring effectiveness in all aspects of its role, including setting the agenda for Board meeting with input from management and exercising control over the quality, quantity and timeliness of information flow between the Board and Management to encourage constructive relations within the Board and between the Board and Management. To promote a culture of openness and debate at the Board, he ensure that adequate time is available for discussion of all agenda items, in particular, strategic issues, and he also facilitates the effective contribution of Non-Executive Independent Directors. At the AGM and other shareholder meetings, he plays a pivotal role in fostering constructive dialogue between shareholders, the Board and Management.
Tun Tun was born and raised in Yangon. He joined the Serge Pun & Associates (SPA) Group in 1998. Over the years he has held various positions in the Group, including roles in corporate secretarial, legal, accounting, finance, stock exchange listing, operation management, corporate development and investment management. He has been an Executive Director of FMI since 2009 and also holds directorships in many of the Group’s companies and joint ventures. He is also an Associate Member of the Institute of Chartered Secretaries & Administrators (UK). Tun Tun currently serves as FMI’s Chief Financial Officer.
Linn Myaing is a retired Director General from the Ministry of Foreign Affairs. Prior to this assignment, he also served as Myanmar Ambassador to several Western countries including France and the United States. He joined SPA in 2006 as Advisor to the Board and currently heads the Group Government Relations Department. He is also an Executive Director and Chief Operating Officer of FMI.
Maw Thein is a retired naval officer. While in the Navy, he served on naval vessels and on-shore establishments, including the offices of the Commander-in-Chief (Navy) and Quarter Master General, in various capacities. He retired from the service in 2008 with the rank of Commodore. Maw Thein joined the SPA Group in 2012 as COO of FMI Flotilla Co., Ltd. and is concurrently appointed as a Senior Director in the Group’s Government Relations Department.
Kyi Aye is a former government official and has served in the Armed Forces, Ministry of Industry (2) and Ministry of Rail Transportation for over 40 years. He is also a former member of the Board of Directors of FMI, where he served as a representative of the Central Railways Welfare Society from 1997-2006. He retired from Myanma Railways as General Manager in January 2013 and joined the SPA Group in July of the same year. He currently serves as a Senior Director in the Group’s Government Relations Department.
Tin Ohnmar Min was born and raised in Yangon and graduated with a BA from Yangon University. She joined FMI’s share department in 1996, and has continued to work for the company for the past 18 years. She was promoted to Assistant Manager in 1998 and in 2010 was promoted to Manager. Tin Ohnmar Min’s responsibilities include managing the issuance of new shares, relationship management with FMI shareholders, as well as managing tax compliance.
YOMA STRATEGIC EXECUTIVE OFFICE
Melvyn Pun was appointed Chief Executive Officer and Executive Director of Yoma Strategic Holdings in July 2015. Prior to this, Melvyn was the Chief Executive Officer of Serge Pun & Associates (Myanmar) Limited. He has been extensively involved in developing the Group’s relationships with key parties, including Mitsubishi Corporation, IFC, ADB, Yum!Brands, Case New Holland, Dulwich College International and Kokubu, amongst others.
Prior to joining SPA, Melvyn spent 12 years at Goldman Sachs in Hong Kong, where he was Managing Director, Head of Asia Ex- Japan Corporate Solutions Group. He has extensive financial and corporate experience in various markets across Asia such as Greater China, Southeast Asia and Korea where he provided corporations and non-profit organizations with financial services that included fund raising, investments and risk management.
Melvyn was educated in the United Kingdom and graduated from University of Cambridge in 2000 with a Bachelor of Arts (First Class Honours), Masters of Engineering and Masters of Arts.
JR Ching graduated as a Morehead Scholar from the University of North Carolina at Chapel Hill with a Bachelor of Arts degree in International Studies with Highest Distinction. He then spent over a decade at Goldman Sachs in the Fixed Income, Currency & Commodities, Capital Markets and Investment Banking Divisions in London and Hong Kong where he was most recently the head of structured finance for the Asia-Pacific Ex-Japan region. JR has extensive financial and corporate experience in a wide range of business sectors and has executed investing, financing and risk management transactions across Asia, the Middle East, Europe and North America.
JR was appointed as the Group Head of Business Development in May 2013. In this role, he is responsible for (i) developing the SPA Group’s businesses, including new business areas which the Group may undertake, (ii) overseeing acquisition and investment opportunities and (iii) reviewing the Group’s overall business strategy. Mr Ching also sits on the management team of PMM Partners Limited, Myanmar’s leading private equity and investment firm. Mr. Ching was subsequently appointed Chief Financial Officer of Yoma Strategic Holdings in May 2015, and is currently based in Yangon.
EXECUTIVES OF GROUP COMPANIES
Hal Bosher is Special Advisor to the Chairman and Chief Executive Officer (CEO) of Yoma Bank based in Yangon. Prior to joining Yoma Bank, Mr. Bosher spent 10 years with the World Bank Group at both the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). Most recently, Mr. Bosher was MIGA’s Regional Representative for Northern Asia based in Hong Kong. While at MIGA, he founded the Agency’s private equity business supporting the development of frontier market funds. Prior to joining the World Bank, Mr. Busher worked for Price Waterhouse Coopers (PwC), McKinsey & Co., and INSEAD Business School. Mr. Bosher has extensive experience in banking operations and SME finance.
A Canadian national, Mr. Bosher holds a BA in economics and political science from McGill University in Montreal; an MA in International Finance and Southeast Asian Studies from the John Hopkins School of Advanced International Studies (SAIS) in Washington, DC; and an MBA from IESE Business School in Spain.
Kyaw Soe Lin graduated from Yangon University with a B.Sc. (Hons.) in Physics and also holds a Master of Information Science degree from the University of Computer Studies, Yangon. He has more than 18 years of experience in the IT sector, including programming, custom software applications, database management, telecommunications, networking and project management. He also has extensive experience in banking operations, hospital management systems and other commercial sectors. Kyaw Soe Lin was one of the founding members of Yoma Bank’s IT department and currently serves as Chief Operations Officer and a member of the Executive Committee.
Aye Aye Soe graduated from the Institute of Economics (Yangon) in 1991 with a Bachelor’s of Commerce in Banking, and subsequently interned at many institutions in the banking industry from 1991-1993 including the Myanmar Central Bank, Myanmar Foreign Trade Bank, Myanmar Economic Bank and others. She became a Certified Public Accountant (CPA) in 1993 and joined First Private Bank as Chief Accountant in 1994. In 1999, she joined Yoma Bank as Branch Manager, and in the 15 years since has steadily risen to her present position as Executive Director.
Zarchi Tin is an Executive Director and a member of the Executive Committee at Yoma Bank. She has over 15 years of experience in international banking and central bank operations, after having worked at BNP Paribas in London and the Central Bank of Canada in Ottawa. She has also authored contributions for the IMF’s foreign reserves management guidelines and for an OECD publication on sovereign risk management practices.
Zarchi is a Myanmar national with exposure to a wealth of different cultures after having lived and studied in the United Kingdom, Canada, France, Belgium, the United States, Indonesia and Hong Kong. She holds an MBA in Finance from Canada and a BA in Economics from Belgium. She has also obtained the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals (GARP).
Khin Mu Mu Myint graduated from Baruch College, New York with a BA in Accounting and is also a CPA holder. She is an accomplished financial professional with over 15 years of experience in Corporate Finance, Accounting and Management in various sectors including investment banking, financial institutions and the secondary mortgage market. During her career Khin has worked with many Fortune 500 companies and prominent names on Wall Street including J.P. Morgan, Deloitte, Prudential Insurance, Freddie Mac and Citigroup. Her areas of expertise are Capital Markets & Derivatives, Financial & Management Reporting, Accounting Procedures and Process Improvement & Optimization. Khin joined Yoma Bank in late 2013 as Head of Corporate and International Banking.
Ommar Sein holds a B.Econ (MS) degree from the Institute of Economics. She joined the Research and Training Department of the Central Bank of Myanmar as a Statistical Assistant and worked there for over 38 years until her retirement. While working at the Central Bank, she was seconded to serve as Senior Advisor to the Executive Director of the SEAV Group at the IMF for a two year term (1996-1998). She has written several research papers, given lectures at various institutions including the Institute of Economics and the National Defense College, and has represented the Central Bank at local and international conferences and forums. She was also a member of the drafting committee that worked on the 2002 Control of Money Laundering Law. She joined Yoma Bank in September 2014 and currently serves as Advisor and Chief Compliance Officer.
Bo Lay was born in Yangon and immigrated to the United States in 1975 where he settled in New York City. He graduated from the State University of New York at Buffalo where he earned his BA with a double major in Economics and Political Science. He also holds an MBA in Accounting and Finance from St. John’s University. Bo has a wealth of experience in finance and banking, having worked in financial reporting and analysis in many major financial and banking institutions in New York City, both as full time staff and consultant. He joined Yoma Bank in 2014 as Chief Auditor.
Tiffany Win was born and raised in Yangon and graduated with a Bachelor of Science in Mathematics from Yangon University. She later immigrated to Canada and furthered her studies in Toronto, graduating with a Bachelor’s Degree in Accounting (Honours) from York University. She is currently a Certified Management Accountant (CMA) candidate. Tiffany joined Yoma Bank in 2014 and currently serves as Head of Credit Risk. Prior to this role she worked as a Deputy General Manager in the Credit and Risk Department at KBZ Bank. In a career spanning more than 20 years, she has also held various positions in top financial institutions in Canada, including Toronto Dominion Bank, Laurentian Bank of Canada and Royal Bank of Canada.
Cyrus Pun was educated in the United Kingdom and received a bachelor’s degree in Economics from the London School of Economics in 2003. He gained his first work experience in China at the beginning of his career with an established manufacturer of building materials, where he headed a team to develop the export and trading markets. Prior to joining the SPA Group in 2007, Cyrus worked for Hutchison Port Holdings in its South China Commercial Division based in Hong Kong, and was responsible for the commercial management of a substantial client portfolio.
In 2007, Cyrus joined the SPA Group and assumed a leading role in the development of Grand Central in Dalian, China — a real estate project undertaken by SPA Grand Central (Dalian) Enterprise Co., Ltd.
He was appointed Head of Corporate Development in June 2010 and an Executive Director of Yoma Strategic Holdings in February 2011. Following his appointment as Head of Corporate Development, he has since headed various corporate exercises in identifying and developing new business opportunities as well as evaluating Yoma’s existing businesses. In 2012, he was reassigned to oversee Yoma’s Real Estate Division.
Cyrus is an Executive Director and Co-Head of Real Estate at Yoma Strategic, an affiliate of FMI. He is responsible for overseeing projects such as FMI City and Thanlyin Star City.
Steven Nelson was born and educated in Australia where he obtained his TAFE (Technical And Further Education) building diploma. He started his career in 1971 as a building foreman and clerk of works with an established Sydney-based construction and development company in Australia. In 1975, he was transferred to the Australian Capital Territory where he worked on city infrastructure development projects. In his years spent in the industry, Steven garnered immense experience in the areas of construction, civil engineering, site management, quantity survey, value engineering, architectural design, infrastructure development and project management in various hotels, commercial and highrise office buildings, residential and governmental developments and infrastructure development.
Steven subsequently set up his own project management, design development and consultancy company. In March 1995, he joined SPA Project Management as a Construction Manager for the Sand-River Golf Course development in Shenzhen, China. In August 1997, he was appointed Project Manager for Pun Hlaing Golf Estate. In February 2001, Steven was appointed Managing Director of SPA Project Management as well as Project Director of Pun Hlaing Golf Estate. He has been the Managing Director of Lion Century Properties Ltd and SPA Project Management Pte Ltd since January 2007.
Le’ Le’ Win is a career hotelier and she joined SPA/FMI Group in 1993. She is currently the Managing Director of FMI Garden Development Ltd., as well as the Director of Grand Meeyahta Executive Residences, Director of FMI Syndication Ltd. and Alternate Director of SPA (Myanmar) Ltd.
Than Htut Naing graduated from Yangon Institute of Technology in June 1996 with a bachelor’s degree in Electrical Power Engineering. He joined the Group in February 1997 as an Engineer and worked at FMI City until November 1998. He worked at Pun Hlaing Golf Estate from November 1998 to June 2007, originally as an Assistant Manager and eventually Assistant to the Project Director.
Since February 2011 he has served as Senior Project Manager for Thanlyin Star City, and is responsible for utilities & infrastructure development projects.
Stephen Purvis is a chartered member of the Royal Institute of British Architects. He holds a Bachelors of Arts (Hons) in Architecture from Newcastle University and a Bachelors of Architecture from Westminster University. During his thirty years of professional experience, Stephen has led the design and development of mixed use, industrial, and hospitality projects. He also has extensive experience in masterplanning, including the masterplan for Merchant City Liverpool in the UK. Stephen was previously a Director at Cuba-focused Coral Capital Group, where he oversaw the design, funding, construction and operation of a series of hotel projects, including the acclaimed Hotel Saratoga. He also masterplanned the container port and economic zone at Mariel, Cuba. Stephen was appointed Project Director at our sister company Yoma Strategic Holdings in December 2013 and is currently overseeing the Landmark Development.
Kyaw Thu Tun @ Paul graduated from Rangoon Institute of Technology (RIT) and obtained a Bachelor of Engineering (Mechanical) degree in 1984. He is a well-rounded and highly qualified engineer with extensive experience in project management, construction, and site maintenance. After working on many renowned projects in Myanmar from 1985 to 2002, Paul joined SPA Myanmar in 2002 as a Project Manager. He was subsequently appointed as General Manager at SPA Project Management Ltd and Pun Hlaing Golf Estate (PHGE) in July 2007.
In 2009, he was promoted to Deputy Project Director and Estate Manager at PHGE while continuing to work as a Project Manager at SPA Project Management Ltd. In 2014, he was further promoted to Project Director, with responsibility for infrastructure and residential development projects.
Dr. Gershu Paul has over 25 years of international health experience at an executive level. He received his Bachelor of Medicine; Bachelor of Surgery (MBBS) from the University of Bangalore, India in 1986, a Masters of Business Administration (MBA) from the University of Otago, New Zealand in 1997 and graduated as a Fellow of the Royal Australasian Medical College of Administrators (FRACMA), Melbourne, Australia in 2006.
Dr. Paul has held senior executive positions in Sri Lanka, New Zealand, Australia and Indonesia. Prior to joining Pun Hlaing Hospital as CEO in 2014, he served as President of Siloam Hospitals, Indonesia’s largest and fastest growing hospital group. He was instrumental in taking Siloam from 4 to 24 hospitals with a market cap of over US $1 billion. The company was successfully listed on the Jakarta Stock Exchange in September 2013.
Dr. Ye Moe Myint received his medical degree from the Institute of Medicine (1) in 1989. He joined Pun Hlaing Hospital as the manager of Pun Hlaing Clinic and was subsequently promoted to Associate Medical Director in 2008 and Hospital Administrator in 2009. He currently serves as Network and Development Executive Director for the hospital. Dr. Ye Mon Myint was elected President of the Myanmar Private Hospitals’ Association in 2012 and is currently serving his second term in this capacity.
Professor Win Myint graduated with an M.B.B.S degree from the Institute of Medicine (1) in 1968. He also holds M.Med.Sc (Surgery) and F.R.C.S degrees. He served as Professor and Head of the Surgery Department at the University of Medicine in Mandalay and the University of Medicine (2) in Yangon before joining Pun Hlaing Hospital in 2005. He worked as a Consulting Surgeon from 2005 to 2010 and as Medical Director from 2010 to June 2014. He currently serves the hospital as Clinical Excellence Director.
Tin Htut Oo is a retired Director-General of the Department of Agricultural Planning, Ministry of Agriculture and Irrigation. He has served as a national and international consultant with the United Nations in the field of agricultural and rural development in Myanmar and other developing countries in Asia and the Pacific Region. He joined the SPA/FMI Group after his retirement from the civil service and served as the Chief Executive Officer of MAGT and ARDC. He currently serves as the Chairman of Agricultural Group at Yoma Strategic Holdings Ltd. Tin Htut Oo is also the Chairman of the National Economic and Social Advisory Council and an Economic Advisor to the President.
Capt. Tin Maung Aye is a retired Air Force Officer. In 1977, he was seconded from the Air Force to Myanma Airways as Captain of DHC6 Twin Otter and Fokker 27 aircraft. From 1988 to 1991 he flew for Malaysia Airlines. He was transferred to Yangon Airways in 1996 and served in various capacities at the airline. Capt. Tin Maung Aye joined FMI Air in 2012 as Chief Operating Officer, and currently serves as General Manager of Government Affairs.