Amcorp Group Berhad ("Amcorp")
Our holding company, Amcorp is an investment holding company controlled by Tan Sri Azman Hashim. Amcorp’s subsidiaries and associated companies are principally involved in the business of financial services, property development, property investment and engineering. To-date, Amcorp has total assets exceeding RM6.3 billion.
History of Our Holding Company
Amcorp was incorporated in Malaysia on 26 April 1910 under the Companies Ordinance 1889 as a limited company under the name of The Temerloh Rubber Estates Limited. After its listing on the Kuala Lumpur Stock Exchange in 1961, Amcorp diversified into oil palm and cocoa plantation. In 1992, after disposing a substantial portion of its plantation activities, Amcorp acquired a 40% stake in AMMB Holdings Bhd (“AmBank Group”).
Amcorp was privatized in November 2006. In 2008, AmBank Group completed the formation of a strategic alliance with Australia and New Zealand Bank, which is among the top 50 banks in the world. It is now the 5th largest local banking group in Malaysia.
Tan Sri Azman is the Chairman of the Malaysian Investment Banking Association and Malaysia Productivity Corporation and the Chairman Emeritus of Pacific Basin Economic Council (PBEC) International. He is the President of the Malaysia South-South Association, Malaysia-Japan Economic Association, Malaysian Prison FRIENDS Club and Treasurer of Malaysia-Australia Foundation. He is a member of the APEC Business Advisory Council, East Asia Business Council and the Trilateral Commission (Asia-Pacific Group). He is also the Leader of the ASEAN-Japanese Business Meeting (Malaysia Committee, Keizai Doyukai). He is the Pro-Chancellor of Open University of Malaysia, a member of the Governing Body of Asian Productivity Organisation and the International Advisory Panel of Bank Negara Malaysia International Centre for Education in Islamic Finance (INCEIF).
Tan Sri Azman is the Chairman of AMMB Holdings Berhad (AmBank) and Chairman of the Board of several subsidiaries of AmBank namely, AmInvestment Group Berhad, AMFB Holdings Berhad, AmBank (M) Berhad, AmInvestment Bank Berhad, AmIslamic Bank Berhad, AmProperty Trust Management Berhad, AmLife Insurance Berhad and AmG Insurance Berhad. Apart from the AmBank group of companies, he is also the Chairman of Malaysian South-South Corporation Berhad and Institute of Bankers Malaysia. He serves as a Director of Asian Institute of Finance Berhad and the Asian Banking School Sdn Bhd. Tan Sri Azman is also involved in several charitable organisations as the Chairman of AmGroup Foundation, Perdana Leadership Foundation and Trustee for Yayasan Azman Hashim, Yayasan Perpaduan Nasional, Malaysian Liver Foundation, Yayasan Tuanku Najihah and Yayasan Canselor Open University Malaysia.