KUALA LUMPUR, June 27 (Bernama) -- Malaysian Financial Planning Council (MFPC), the body that represents financial planning and Shariah Financial Planning professionals and Financial Services Providers in the region with over 13,000 members has appointed Vincent Kwo Shih Kang as the new president for the term 2019-2021 during the 7th Election that was conducted simultaneously during the Council’s 15th Annual General Meeting.

As a seasoned and trusted leader as Vincent Kwo is, MFPC has faith in him to lead the Council to greater heights. “He is uniquely qualified to drive strategic prioritization and accountability within MFPC, with a laser-focus on promoting financial planning.” The immediate past president, Michael Kok Fook On also said, "I have tremendous confidence in his ability to align and prioritize MFPC’s vision and mission and ensuring operational excellence across the organization."

Prior to this appointment, Vincent Kwo had a long history with MFPC from being a member since 2008 and also being a part of the National Council in 2009/2011 and 2017/2019. Outside of the MFPC’s, he has contributed and achieved numerous accolades in the finance industry such as being the Chairman of ASEAN Insurance Council (2013 - 2014), President of LIAM (2012 - 2015), Director of Malaysia Institute of Insurance (2012 - 2015), Director of Malaysia Rating Corporation Bhd (2012 – 2016), Council Member of Professional Membership & Academy of Malaysian Insurance Institute Council and many more. Apart from that, Vincent Kwo was also elected as the President of MFPC in the year 2011/2013.

This year marks the 15th anniversary for MFPC since its inception in 2004 and it truly has come a long way.With a steady growth of qualified financial planners, MFPC continues to innovate and provide game-changing initiatives for financial literacy education.

Concurrent to Vincent Kwo’s appointment, Desmond Chong Kok Fei was elected as the new Deputy President of MFPC.With more than 15 years in the finance industry and also being a prominent resource person for financial education via the mass media, MFPC believes he will carry this responsibility with great accountability.

Effective immediately, Vincent Kwo and Desmond Chong will assume responsibility with other newly elected office bearers and National Council member in the National Council for the term 2019-2021.

NOTE TO EDITOR:
About:-
Malaysian Financial Planning Council (MFPC)

MFPC is an independent body set up with the noble objective of promoting nationwide development and enhancement of the financial planning profession. MFPC provides an evolving set of Best Practice Standards and Code of Ethics that must be adhered to by Registered Financial Planner (RFP) and Shariah RFP designees. This requirement is aimed at ensuring that the public will be served with the highest quality of financial planning services. MFPC was registered on 10th of March, 2004 under the Societies Act, 1996. The Registered Financial Planner (RFP) programme was launched by the former Governor of Bank Negara Malaysia, Y.Bhg. Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz in November 2002.

The RFP designation was approved by Bank Negara Malaysia (BNM) as the prerequisite qualification to apply for the Financial Advisers’ License and Financial Advisers’ Representative License. RFP designation was also approved by Securities Commission Malaysia for the application of the Capital Markets Services License (CMSL) in view of the introduction of the Capital Markets and Services Act 2007.

Please visit: www.mfpc.org.my

Source: Malaysian Financial Planning Council (MFPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Syed Mohd Khalil
External Relations and Project Management
Malaysian Financial Planning Council
Tel: +603 62035899
Email: khalil@mfpc.org.my

--BERNAMA