REXIT Bhd, a leading Software-as-a-Service (SaaS) provider for the insurance and financial services industry, has appointed Jason Yong Qun Yong as its new Chief Financial Officer (CFO) effective today (Oct 1).
According to filings with Bursa Malaysia, the 43-year-old Yong will succeed Chan Shih Fei, 63, who is retiring after having served as Rexit’s CFO since 2004.
Yong is a highly experienced finance professional with more than 15 years of expertise in financial management, corporate restructuring and governance.
A fellow of the Association of Chartered Certified Accountants (FCCA) and a member of the Malaysian Institute of Accountants, he is deeply committed to financial integrity and operational excellence.
Yong began his career with KPMG and BDO in which he gained a strong foundation in internal controls, statutory reporting and risk assessment.
He later progressed into financial controller roles whereby he was instrumental in corporate restructurings, the implementation of GST (Goods and Services Tax)-compliant systems and preparations for a potential IPO (initial public offering).
Prior to joining Rexit, Yong served as a senior financial advisor at a boutique consultancy specialising in high-growth technology sectors.
In this capacity, he worked closely with the leadership of emerging digital companies by guiding them through the challenges of rapid scaling.
His contributions included establishing robust financial infrastructures, enhancing forecasting capabilities and implementing governance frameworks that strengthened investor confidence and supported long-term sustainability.
“Yong’s proven track record and unique skill-set will play a pivotal role as we continue to strengthen our operations and position Rexit for long-term growth,” commented Rexit’s chairman Tan Sri Mohamad Rizam Tengku Abdul Aziz.
“His expertise will further enhance our financial discipline and ensure that we remain well-prepared from a corporate governance and financial stand-point to deliver sustainable value creation to our shareholders and stakeholders.”
Rexit also expressed its heartfelt appreciation to Chan who is Yong’s predecessor for her two decades of invaluable service and dedication to the group.
Throughout her tenure, she played an instrumental role in strengthening Rexit’s financial stewardship and supporting its growth journey.
At 10am, Rexit was untraded at 54 sen which gave the company a market capitalisation of RM102 mil. – Oct 1, 2025
