Who We Are
Driving Malaysia's capital market with collective investor commitment to excellence
Establishment
IICM Berhad was initially established as the Institutional Investors Council Malaysia (IIC) on 3 July 2015, following the launch of the Malaysian Code for Institutional Investors (MCII) on 27 June 2014. IIC was registered as an association with the Registrar of Societies (ROS) under the Societies Act 1966 on 29 December 2017.
IIC was envisioned to play a crucial role in representing the common interests of institutional investors in Malaysia.
As an industry-led initiative, IIC serves as a platform to shape and influence a stronger corporate governance culture, including through the effective adoption of the MCII. Its establishment is aligned with the recommendations of the Corporate Governance Blueprint 2011, launched by the Securities Commission Malaysia in July 2011.
Mission
To promote effective investor stewardship and higher corporate governance standards by representing institutional investors and advancing the Malaysian Code for Institutional Investors (MCII).
Vision
To lead the transformation of Malaysia’s corporate governance landscape by empowering institutional investors to drive responsible, long-term value creation.
Transition to IICM Berhad (CLBG)
To further strengthen its governance framework, accountability, and operational effectiveness, IIC transitioned to a new legal entity, IICM Berhad, a Company Limited by Guarantee (CLBG) with the Companies Commission of Malaysia (SSM) under Companies Act 2016 on 2 May 2025. IICM Berhad commenced operations on 2 January 2025, marking an important milestone in the institutionalisation of IIC’s role within Malaysia’s capital market ecosystem.
As a CLBG, IICM Berhad operates on a non-profit and non-distributing basis, with no share capital and no dividends payable to its members. This structure reinforces IICM Berhad’s public-interest mandate and provides a more robust platform to support long-term stewardship, transparency, and sound governance practices.
Continuity of Mandate and Purpose
To further strengthen its governance framework, accountability, and operational effectiveness, IIC transitioned to a new legal entity, IICM Berhad, a Company Limited by Guarantee (CLBG) with the Companies Commission of Malaysia (SSM) under Companies Act 2016 on 6 May 2025. IICM Berhad commenced operations on 2 January 2025, marking an important milestone in the institutionalisation of IIC’s role within Malaysia’s capital market ecosystem.
As a CLBG, IICM Berhad operates on a non-profit and non-distributing basis, with no share capital and no dividends payable to its members. This structure reinforces IICM Berhad’s public-interest mandate and provides a more robust platform to support long-term stewardship, transparency, and sound governance practices.