Business

SC announces new appointments after latest resignations

Regulator says latest departures not linked to quitting of executive chairman

Updated 4 years ago · Published on 29 Apr 2022 6:40PM

SC announces new appointments after latest resignations
The Securities Commission in announcing two new appointments to its leadership structure today, says the resignation of its managing director and general counsel are not linked to, and were made prior, to the announced resignation of its executive chairman yesterday. – Securities Commission pic, April 29, 2022

KUALA LUMPUR – The Securities Commission (SC) today announced two new appointments to its leadership structure, following the resignation of two senior staff earlier this month.

Yew Yee Tee will assume the post of general counsel starting July 1, taking over from Chee Fei Meng who has opted not to renew her contract that ended on April 15, the commission said in a statement.

The commission also appointed Shamsul Bahriah Shamsudin as executive director of intermediary & fund supervision; the post currently held by Yew.

The SC confirmed the resignation of managing director Foo Lee Mei and executive director of digital strategy & innovation Chin Wei Min.

“The SC would also like to stress that contrary to recent media speculation, the resignation of its managing director and general counsel are not linked to, and were made prior, to the announced resignation of its executive chairman yesterday.”

Yesterday, the Finance Ministry announced that it had appointed former deputy finance minister Datuk Awang Adek Hussin as SC chairman effective June 1, following the resignation of Datuk Syed Zaid Albar. – The Vibes, April 29, 2022

Related News

Business / 2w

Robo.ai Inc announces appointment of new independent director

Malaysia / 1mth

Negeri Sembilan mulls deputy Exco posts as Ismail settles new state cabinet

Malaysia / 1mth

Melaka political crisis: 'No more room for negotiation' - Ab Rauf

Malaysia / 2mth

NFCC: Azam Baki’s advisory board appointment done with consent of Yang di-Pertuan Agong

Malaysia / 2mth

NFCC advisory role sparks questions; Hamzah seeks clarity on Azam Baki appointment

Malaysia / 2mth

Undang Rembau appointment without palace interference, customary council insists

Spotlight

Malaysia

Jokes that hit below the belt: In the race for Malay votes, how far is UMNO willing to go?

By The Vibes Says

Malaysia

UMNO man says he’s prepared to apologise over ‘joke’

Malaysia

Loke proposes PH presidential council meet on ‘latest political developments’

Malaysia

Sabah leaders condemn priest and nun joke at UMNO PAU

Malaysia

DKU affirms that Tuanku Muhriz is the Yang di-Pertuan Besar of Negeri Sembilan

Business

Budget 2027 nears final stage with high-impact sectors in focus

Health

Respiratory disease ranks among Malaysia’s top three health burdens

Malaysia

High Court acquits student in Bandar Utama murder case on schizophrenia finding

Malaysia

PAS rejects UMNO call to test political ties through SG4 polls

You may be interested

Business

Oil prices surge above US$107 as Middle East supply risks deepen

Business

Sultan Nazrin calls for Islamic finance to rethink climate investment

Business

New ship attack report deepens fears over Hormuz, global oil supplies

Business

Budget 2027 nears final stage with high-impact sectors in focus