Yang Amat Berbahagia Tun Daim Zainuddin |
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Minister of Finance (Malaysia) | |
In office 14 July 1984 – 14 March 1991 |
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Prime Minister | Mahathir Mohammed |
Preceded by | Tengku Razaleigh Hamzah |
Succeeded by | Anwar Ibrahim |
In office 19 January 1999 – 31 May 2001 |
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Prime Minister | Mahathir Mohammed |
Preceded by | Mahathir Mohammed |
Succeeded by | Mahathir Mohammed |
Member of Parliament for Merbok | |
In office 1986–2004 |
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Preceded by | New constituency |
Succeeded by | Zainuddin Maidin |
Member of Parliament for Kuala Muda | |
In office 1982–1986 |
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Preceded by | Khir Johari |
Succeeded by | Constituency established |
Personal details | |
Born |
Alor Setar, Kedah, British Malaya |
29 April 1938
Children | 5 |
Occupation | Businessman, politician |
Website | daimzainuddin |
Tun Daim bin Zainuddin (born 29 April 1938 in Alor Setar, Kedah) is a Malaysian economist, businessman, politician and a former Finance Minister of Malaysia from 1984 to 1991.
Daim bin Zainuddin is the youngest of thirteen siblings. His father was a clerk in the Kedah State Service and his mother a homemaker. Daim received his early education at the Malay Primary School in Seberang Perak, Alor Setar and then advanced to the Special Malay Class at the Sultan Abdul Hamid College, which was an English–medium school.
Being a youth of the 40s, during a period when the British Colonial Policy encouraged Malays to attend Malay schools, when Malay parents worried about the possible influence of an English education on their children's religious faith and cultural identity, Daim and his parents were able to transcend these limitations. In fact, his broad-minded parents enrolled all their children at English–medium schools as they did not want their children to become "better farmers and fishermen". However, Daim was very much an absentee student. He had worked out a strategic studying method whereby he would only need to focus on subjects that he would need to pass to advance to the next class and that required little effort – English and Malay languages and Mathematics. He devoted his free time to pursuing his main interest which was sports and more sports.
Career-wise, Daim would have ended up as a teacher except that due to some miscommunication he had been totally unaware that his name was on the list of successful candidates for Brinsford College, England, a teacher training college.
Throughout his youth, he was very much encouraged by a mother who wanted him to further his studies and a father who wanted him to become a lawyer. His mother sold some land to raise money for him to study law in England. Realizing that "time is money", the former absentee student became a diligent and disciplined scholar in law who after eighteen months at Lincoln's Inn London and at the youthful age of 21, was called to the English Bar in 1959. It was also during his student days in London that he developed his voracious appetite for reading which till today is his favourite pastime.
Upon his return to Malaysia, he started reading in the chambers of Pillai & Co. and later, the chambers of Shearn Delamore which was then the largest law firm in Kuala Lumpur. In 1961, he decided to move and work in Kota Bharu, Kelantan under the tutelage of Encik Wan Mustaffa who was legal adviser to the Pan-Malaysian Islamic Party (PMIP) which later became known as Parti Islam Se-Malaysia (PAS). After his stint in Kota Bharu, he joined the Malaysian Civil Service as a Magistrate, then became the President of the Sessions Court in Johor and subsequently became Deputy Public Prosecutor in Ipoh, Perak. He resigned from the service in 1965, returned to Kuala Lumpur and joined the law firm of Allen & Gledhill for the next three years till his resignation in 1968 to start his own law practice of Daim & Gamany. In 1969, however, he decided to venture into business.