The Securities Commission Malaysia (SC) today (Jan 3) announced the appointment of Kamarudin Hashim and Datin Azalina Adham as its new Managing Directors, effective 1 January 2023.
The SC also announced that its Deputy Chief Executive Datuk Zainal Izlan Zainal Abidin will step down on 11 January 2023 to pursue other interests. He had earlier in October 2022 informed the SC’s Board of his impending departure.
As Managing Directors, Kamarudin and Datin Azalina will assist the SC Chairman 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.
The SC Chairman 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,” Dato’ Seri Dr. Awang Adek Hussin said. “On behalf of the Board and staff of the SC, I wish him the best in his future endeavours.”
