Masdayana Md Setamam
Chief Executive Officer / Principal Officer
Puan Masdayana started her career with Bank Islam Trust Company (Labuan) Ltd (“BTL”) back in 2005 as the Assistant Manager undertakes the task of all financial & fiscal management aspects of BTL’s operations. She was appointed as the Chief Executive Officer/Principal Officer of BTL on 13 October 2017. She possesses a Master of Business Administration (MBA) from a prestige business school in Malaysia, Azman Hashim International Business School (AHIBS), Universiti Teknologi Malaysia (UTM) and a Bachelor’s Degree in International Business from University Malaysia Sabah (UMS). She is currently pursuing her PhD in Marketing at Universiti Teknologi Malaysia (UTM).
In addition, she is also a licensed Trust Officer, approved by the Labuan Financial Services Authority (LFSA) as well as a qualified Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) which entitled her as an Associate member for Asian Institute of Chartered Bankers. Her function under the AML/CFT also makes her a Designated Compliance Officer for BTL.
She has over 17 years of experience in Offshore Trust and financial industry and holds various positions including Compliance Manager, Business Continuity Management Division Coordinator as well as Business Risk Officer. She was also appointed by the Board of Director of BTL to be the Manager and authorised officer of BIMB Offshore Company Management Services which was the subsidiary company of BTL.
In addition, on 1 January 2020, she had been appointed as the Senior Vice President, Labuan Offshore Business by Bank Islam Malaysia Berhad to oversee and be responsible for BTL and Bank Islam Labuan Offshore Business (“BILOB”) growth in Labuan IBFC. She is well versed in the areas of strategic planning, sales & marketing, cashflow management, regulatory compliance, product development, risk management and relationship management coupled with a vast network of high-net-worth clients.
Head of Operations
She started joining BTL in the year 2000 and has served BTL for more than 22 years and possessing tremendous experience in Offshore Trust industries. She is currently holding a post of Head of Operations and entrusted to manage BTL’s overall operations unit including the Secretarial Services Department, Trust & Foundation Department as well as Finance Administration Department. The area of expertise including the establishment of Labuan licensed entities under the Labuan International Business Financial Centre. She is currently an Alternate Risk Controller undertakes to assist the risk management of BTL.
Eric Rodriquez Sigutil
Head of Legal and Secretarial
Mr. Eric is a law graduate from United Kingdom and obtained his Bachelor of Laws, LLB (Hons) from University of Northumbria, at Newcastle Upon Tyne. He started and attached with Bank Islam Trust Company (Labuan) Ltd back in 2013 and currently holding a post of Head of Legal & Secretarial. He is a licensed Trust Officer, approved by the Labuan Financial Services Authority as well as a qualified Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) which entitled him as an Associate member for Asian Institute of Chartered Bankers.
In addition, he was also a Head of Risk Controller for BTL appointed in 2016 as per recommendation by the CEO of BTL. In 2019, he was appointed as a Compliance Officer for BTL to undertake full commitment towards compliance function in Labuan International Business Financial Centre. He has served BTL for more than 9 years and has extensive experience in providing advice and solution in establishing an offshore entity particularly in the areas of wealth management products such as Labuan Foundation and Labuan Trust.