A native of Yangon, Myanmar, U Theim Wai is the Executive Chairman of FMI. In 1983, he founded Serge Pun & Associates Limited in Hong Kong SAR and eventually returned to the country of his birth to establish SPA in 1991.
SPA’s flagship, FMI, one of the first public companies in Myanmar, was established in 1992. In 2006, U Theim Wai led Yoma Strategic to a successful listing on the Mainboard of the SGX. In March 2016, FMI became the first company to be listed on the new YSX. In January 2018, Memories Group, the Yoma Group’s tourism business was successfully listed on the Catalist Board of the SGX
U Theim Wai is currently a member of the World Economic Forum, ASEAN Regional Group and ASEAN Business Council, a standing member of the Chinese People’s Political Consultative Conference of Dalian, and a member of the Asia Business Council. Additionally, he served as a Honorary Business Representative of the International Enterprise Singapore for Myanmar from 2004 till 2006.
Present Directorships in listed companies (as at 28 June 2017)
U Tun Tun joined the FMI Group in 1998. He has been an Executive Director of FMI since 2009 and currently also serves as FMI’s Chief Operating Officer. Over the years, he has held various positions at both operational and corporate levels, and has overseen many of the FMI Group’s companies and joint ventures. He is also an Associate Member of the Institute of Chartered Secretaries & Administrators (UK).
Daw Zarchi Tin is an Executive Director of FMI and also currently serves as the Head of Finance and Investment. Daw Zarchi Tin joined the FMI Group in 2013 as the Executive Director of Yoma Bank and was appointed as the Director of Strategic Development at FMI in 2017. Prior to joining the FMI Group, Daw Zarchi Tin has over 15 years of professional experience in international corporations across various industries including business development, corporate strategy and investment banking. She presently serves as the Non-Executive Director of Yoma Bank and FMIDecaux, she is also the Chairperson of the Business Coalition for Gender Equality.
Daw Zarchi Tin holds a Postgraduate Diploma in Financial Strategy from the University of Oxford in England, an MBA in Finance from the University of Ottawa in Canada, and a B.A. in Economics from Vesalius College in Belgium. She has obtained the Board of Director Certification by the Institute of Directors in Thailand.
U Myat Thin Aung is a Non-Executive Vice-Chairman of FMI and is the Chairman of the Remuneration Committee. He is the Chairman of AA group of companies and also serves as the Patron of Yamethin and Daik-U Associations. U Myat Thin Aung is a member of the Central Executive Committee of Union of Myanmar Federation of Chamber of Commerce & Industry (UMFCCI), and a Patron of Hlaing Thayar Industrial City Management Committee. He is also the Vice Chairman of the Myanmar-China Friendship Association (Central).
U Linn Myaing is a Non-Executive Director of FMI and Special Counsel to the Chairman of the Company. U Linn Myaing currently leads the Group Government Relations Department. He was appointed as SPA’s Advisor to the Board in 2006. U Linn Myaing is a retired Director General from the Ministry of Foreign Affairs. He also served as Myanmar’s Ambassador to several Western countries including France and the United States. He was also an Ambassador and the Head of the Myanmar Mission to the European Union and Permanent Delegate to the UNESCO.
U Than Aung is a Non-Executive Director of FMI since 1992 as well as a member of the Nominating Committee. He is currently the Managing Director of Yar-Pye Co., Ltd. and other family-owned companies. He is also the Vice Chairman of the Pathein Association and the Vice Chairman of the Ayeyawady United Football Club.
Professor Dr. Yi Yi Myint is a Non-Executive Director of FMI since 2009 and is a member of the Audit committee and Remuneration committee. She is a retired professor of economics with a long tenure at the Yangon Institute of Economics. Dr. Yi Yi Myint was awarded the Good Public Service Medal in 1990 and was a delegate to the National Convention. In 2015, she was awarded a D.Litt (Honoris Causa) from Yangon Institute of Economics.
Professor Dr. Aung Tun Thet is a Non-Executive Director of FMI since December 2013, and is the Chairman of the Nominating Committee. He is an Advisor to the UMFCCI, and a member of the Peace Commission and Myanmar Investment Commission. Dr. Aung Tun Thet is a Professor Emeritus at Yangon University of Economics and a visiting Professor at Payap University, Chiangmai, Thailand. He graduated with B.Com.(YGN), Post-Graduate Diploma in Management Studies (Brighton, UK), M.Sc. (Warwick, UK), Ph.D. (Manchester, UK), Post-Doctoral Fellow (Marburg, Germany).
U Kyi Aye is a Non-Executive Director of FMI since 2015. He is the first Chairman of the Audit Committee and a member of the Remuneration Committee. He joined Yoma Bank in 2000 and is now a Director of Yoma Bank. He was also a Director of SGX-listed Yoma Strategic from 2006 to 2015. U Kyi Aye is a retired Governor of the Central Bank of Myanmar (“CBM”) from 1992 to 1998. He began his banking career in 1960 and joined the CBM in 1965. He holds B.Com and B.L degrees from Yangon University and a Diploma in World Banking and Finance from the Economic Institute in Boulder, Colorado, USA.
U Nyunt Tin is a Non-Executive Director of FMI and a member of the Audit Committee. He was a former Member of Parliament and served as the Chairman of the International Relations Committee of the Amyotha Hluttaw from 2011 to 2016. He was a member of the Myanmar Investment Commission where he was actively involved in evaluating many of Myanmar’s largest investment projects. Prior to serving in Parliament, U Nyunt Tin was a distinguished diplomat. He served as the Myanmar Consul General to Hong Kong, Ambassador of Myanmar to Indonesia, France and Canada.
Professor Dr. Kyaw Yin Hlaing is a Non-Executive Director of FMI and a member of the Nominating Committee. He is also a director at the Center for Diversity and National Harmony. He earned M.A. and Ph.D. degrees from Cornell University. He had also taught at the City University of Hong Kong and the National University of Singapore. He was a former Advisor to President U Thein Sein, a former member of the National Economic and Social Council, and a former director of the Myanmar Peace Center.