Local media reported on Saturday that senior executive of RHB Bank Bhd Datuk Fad’l Mohamed will replace Bursa Malaysia Bhd’s Chief Executive Officer Datuk Muhamad Umar Swift.
The 60-year-old Muhamad Umar has helmed the exchange company since Feb 11, 2019, and is reportedly not considering an extension of his service contract as proposed by the Board of Directors.
It was speculated that the number of prospective candidates are many, but Fad’l Mohamed who has just joined RHB Bank Bhd starting February this year to stand out among all the contenders.
Prior to joining RHB Bank, he was with Malayan Banking Bhd (Maybank) for nearly ten years and left as Maybank Investment Bhd’s Chief Executive Officer.
