THE Securities Commission Malaysia (SC) has appointed Kamal Azira Hassan and Adnan Zaylani Mohamad Zahid as new Board Members for a two-year term, effective 15 February 2026, in a move intended to reinforce the governance and strategic oversight of the country’s capital markets.
Appointed by the Minister of Finance, the SC Board is tasked with supervising the regulatory and developmental mandates of the Commission, ensuring that Malaysia’s capital market operates in a fair, orderly, and robust manner.
SC Chairman Datuk Mohammad Faiz Azmi welcomed the appointments, noting that the extensive experience of the two new members would further strengthen the Board’s capacity.
Kamal Azira brings more than 25 years of expertise in public, constitutional, and administrative law, including government litigation, international legal affairs, financial governance, and regulatory advisory.
He has held prominent positions in the Attorney General's Chambers, Prime Minister’s Department, State Legal Advisor Offices, statutory bodies, and federal ministries, leading litigation teams and specialised legal units.
Kamal Azira holds a Master of Laws in Administration of Islamic Law and a Bachelor of Laws from the International Islamic University Malaysia.
Adnan Zaylani, currently Deputy Governor of Bank Negara Malaysia overseeing Financial Markets and Development, contributes over three decades of experience in managing international reserves, public sector funds, and shaping financial sector development policies and strategies.
He is a member of Bank Negara Malaysia’s Monetary Policy and Financial Stability Committees and has played a key role in Islamic finance initiatives, SME financing programmes, and financial literacy efforts.
His academic credentials include a Master of Public Policy from the Blavatnik School of Government at the University of Oxford, a Master of Science in Global Market Economics, and a Bachelor of Science in Economics from the London School of Economics and Political Science.
He is also a Chartered Professional in Islamic Finance and serves as an Adjunct Professor at Universiti Malaysia Terengganu.
Both Kamal Azira and Adnan Zaylani are set to serve on the SC Board until 14 February 2028, strengthening the body’s capacity to ensure that Malaysia’s capital market continues to operate with integrity and resilience.
The Securities Commission Malaysia, established under the Securities Commission Act 1993 and reporting to the Minister of Finance, is the statutory regulator for Malaysia’s capital markets.
It supervises market institutions including exchanges and clearing houses, and regulates all licensed participants under the Capital Markets and Services Act 2007. - March 2, 2026
