Zico Holdings on Apr. 8, 2024 appointed Mohamed Nasser Ismail -- formerly the global head of equity capital markets at the Singapore Exchange (SGX) -- to its board as an independent director, along with two other directors. The new appointments, the company announced is to sharpen its focus on the capital market and wealth management sector in the region.

The three appointments are effective immediately. The company announced its appointment of Nasser, 51, represents a strategic move aimed at rejuvenating and refreshing its board. Nasser brings a wealth of qualifications and extensive experience, particularly in the capital equity market, making him well-suited for his roles.

Nasser is currently the chairman of DBS' digital exchange conflicts and appeals committee, and also serves as a senior adviser to WongPartnership. He was also elected to the board of Sim Leisure Group in March 2024. Veerinderjeet Singh will also join Zico's board as an independent director.

The company announced Singh, 67, is a noted authority in the field of Malaysian taxation with over 40 years of experience across the public sector, academia, private practice and the corporate sector on various tax matters including incentives, restructuring and listing exercises. He is currently a senior adviser on tax policy for KPMG Malaysia, and also serves as an independent non-executive director on the boards of AmBank Malaysia and Malaysian Rating Corporation. The company also appointed Shweta Nandy, 29, to its board as a non-independent non-executive director.

The company announced Nandy established her legal career in alternative finance, private equity and wealth management, and served as managing partner of a legal firm in Malaysia, where she headed the corporate and commercial practice. As she does not have any prior experience as a director of an issuer listed on SGX, Zico will arrange for her to attend the relevant training on the roles and responsibilities of a director at a company within one year from her appointment date.