Devanesan is a qualified accountant (FCCA) who is also a Chartered Member of the Malaysian Institute of Accountants. He also holds a law degree (LLB Hons) from the University of London. He is a fellow member of the Institute of Internal Auditors Malaysia (FIIA) where he currently serves as a Governor of the Board.
He is also the past- President of the ACCA Advisory Committee, the past-President of the Institute of Internal Auditors Malaysia and a past-Council Member of the Malaysia Institute of Accountants.
Devanesan retired from Bursa Malaysia in 2010 after serving Bursa Malaysia for eighteen years. He started his career at Bursa Malaysia as Head of Internal Audit and Risk Management. He was also, at one time, the Chief Regulatory Officer and later, the Chief Market Operations Officer of Bursa Malaysia.
Subsequent to his retirement from Bursa Malaysia in 2010, he spent 1.5 years at Ernst & Young as a Director at their Advisory Services.
Currently, Devanesan is a trainer/facilitator in the areas of corporate governance, risks, controls, Listing Requirements, boardroom performance, ethics and other governance and capital market subjects.
He is also the trainer for one of the modules of the MAP (Mandatory Accreditation Programme), the 1.5 day training that every director of a Listed Company must attend. He is also a regular trainer for the SIDC (Securities Industry Development Corporation), the training arm of the Securities Commission, especially for the SIDC’s CMDP (Capital Market Development Programme) which every director of a capital market intermediary must attend.
Devanesan started his career in 1979 at the public accounting firm, Hanafiah Raslan & Mohamad, where he was an external auditor for six years. He has both external and internal audit experience.