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Ramesh Pillai

CEO and Group Managing Director, Friday Concepts, Asia
Ramesh PillaiRamesh Pillai

Ramesh Pillai is CEO and group managing director of Friday Concepts (Asia). He is also the risk management adviser to AmanahRaya/KWB and a nominee director for Bank Negara Malaysia (Central Bank of Malaysia). Previously he was the risk management adviser to Tabung Haji. He holds a bachelor of economics with accountancy (honours) degree from Loughborough University. A member of the Institute of Chartered Accountants in England and Wales and the Malaysian Institute of Accountants, as well as a Certified Risk Professional, Pillai was also a regional director for the Global Association of Risk Professionals and is one of the founding members of the Malaysian chapter of the Professional Risk Managers International Association.

Articles by this Author

  • Procedures for Reporting Financial Risk in Islamic Finance
    by Daud Vicary Abdullah, Ramesh Pillai
    The key elements of Islamic finance can be summarized as follows:Materiality and validity of transactions: There is no profit sharing without risk taking, and earning profit is legitimized by engaging in economic venture. Money is not a commodity but a medium of exchange, a store of value, and a unit of measurement. Mutuality of risk sharing: Clearly defined risk and profit sharing characteristics serve as an additional built-in mechanism. There...

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