Malaysia
Securities Commission says chairman’s term extended for three years

KUALA LUMPUR, Oct 30 — The Securities Commission Malaysia (SC) has extended the tenure of Datuk Syed Zaid Albar as its chairman for another three years, effective November 1, 2021.

In a statement, it said the reappointment was approved by Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz on June 3, 2021.

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Syed Zaid was appointed as the SC’s chairman on Nov 1, 2018, and has played a pivotal role in a rapidly evolving financial landscape, leading the SC in setting the strategic direction for the growth of the capital market during exceptionally challenging times, it said. — Bernama

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