THE Securities Commission Malaysia (SC) has announced the appointment of Kamarudin Hashim and Datin Azalina Adham as its new managing directors, effective January 1, 2023.
The SC also announced that its deputy CEO Datuk Zainal Izlan Zainal Abidin will step down on January 11, 2023 to pursue other interests. He had earlier in Oct 2022 informed the SC’s Board of his impending departure.
As managing directors, Kamarudin and Azalina will assist the SC chairman Datuk Seri Dr Awang Adek Hussin in setting the overall strategic direction for the Malaysian capital market and in overseeing the SC’s dual mandate of capital market regulation and development.
In addition, both Kamarudin and Azalina will continue to oversee their current portfolios of Market and Corporate Supervision; and Strategy and Policy respectively.
Awang thanked Datuk Zainal Izlan for his excellent service and acknowledged his substantial contributions to the development of the capital market.
“Datuk Zainal Izlan has helped lead the growth of the Islamic Capital Market, and the SC’s Sustainable and Responsible Investment (SRI) agenda, both in Malaysia and abroad,” he said.
“On behalf of the Board and staff of the SC, I wish him the best in his future endeavours.” – Jan 3, 2023