The Institutional Investor Council Malaysia (IIC) was established on 3 July 2015 following the launch of the Malaysian Code for Institutional Investors (Code) on 27 June 2014. The IIC will play an important role to represent the common interests of institutional investors in Malaysia. This industry-led initiative will be a platform to shape and influence a wider sphere of corporate governance culture through among others, the effective adoption of the Code. The establishment of the IIC is also in line with the recommendations of the Corporate Governance Blueprint 2011 launched by the SC in July 2011.
The objectives of the IIC are as follows:-
(i) To represent the interest of institutional investors in Malaysia.
(ii) To be the platform to influence good corporate governance culture by public listed companies.
(iii) To advocate the adoption of the Code among institutional investors.
Dato’ Wan Kamaruzaman bin Wan Ahmad has been elected as the first Chairman of the IIC.
The MSWG is the Secretariat to the IIC.