KUALA LUMPUR: Veteran banker Datuk Tajuddin Atan, who is RHB CAPITAL BHD [] group managing director, will take over as chief executive officer of BURSA MALAYSIA BHD [] from Datuk Yusli Mohamed Yusoff.
The stock exchange operator said on Friday, Feb 25 that Tajuddin, who is also currently RHB Bank Bhd managing director, will assume the CEO post from April 1.
Yusli will be in office until March 31, 2011 where during his eight years tenure he was the key in driving the listing of Bursa Malaysia as a public listed company.
Bursa Malaysia chairman Tun Mohamed Dzaiddin Abdullah said he looked forward to Tajuddin taking the exchange to the next level.
"The mandate for the new CEO is to develop Bursa Malaysia into an attractive and competitive exchange in the region, and to make the capital market more vibrant. Datuk Tajuddin is tasked to ensure that Bursa Malaysia remains a destination of choice for issuers and investors," he said.
According to Bursa, Tajuddin brings with him about 24 years experience in the finance and banking industry.
Since his appointments at RHB Bank as its MD from May 2009 and RHB Cap group group MD from July 2009, he has has been instrumental in elevating the RHB Group's business performance, operational efficiency and development, and implementation of innovative TECHNOLOGY [] in line with its transformation plan.
'He has also succeeded in positioning RHB Group's business to become a strong, full financial service brand in the region. Under his leadership, the Group also strengthened its presence in foreign markets such as Singapore, Thailand and Brunei and initiated the establishment of its footprint in Indonesia,' said Bursa Malaysia.
Tajuddin is familiar to the Malaysian capital market and the Exchange business as he currently serves as a non-executive director and public interest director of the board of Bursa Malaysia since July 14, 2008.
He is also the chairman of the risk management committee, and member of the audit committee and appeals committee of Bursa Malaysia.
Prior to heading RHB Group, Tajuddin, was appointed to helm Bank Pembangunan Malaysia Bhd as its president/group MD in December 2007.
At Bank Pembangunan, he was responsible in formulating and establishing the business direction and strategy while ensuring optimal performance and sustainable growth for the banking group.
He was also the CEO of Bank Simpanan Nasional from October 2004 till 2007 where he was instrumental in restructuring and transforming the company into a sustainable and profitable business entity.
Tajuddin started his career with Bank Bumiputra Commerce Bhd where his 17-year tenure included a four-year stint managing the bank's New York branch.
The stock exchange operator said on Friday, Feb 25 that Tajuddin, who is also currently RHB Bank Bhd managing director, will assume the CEO post from April 1.
Yusli will be in office until March 31, 2011 where during his eight years tenure he was the key in driving the listing of Bursa Malaysia as a public listed company.
Bursa Malaysia chairman Tun Mohamed Dzaiddin Abdullah said he looked forward to Tajuddin taking the exchange to the next level.
"The mandate for the new CEO is to develop Bursa Malaysia into an attractive and competitive exchange in the region, and to make the capital market more vibrant. Datuk Tajuddin is tasked to ensure that Bursa Malaysia remains a destination of choice for issuers and investors," he said.
According to Bursa, Tajuddin brings with him about 24 years experience in the finance and banking industry.
Since his appointments at RHB Bank as its MD from May 2009 and RHB Cap group group MD from July 2009, he has has been instrumental in elevating the RHB Group's business performance, operational efficiency and development, and implementation of innovative TECHNOLOGY [] in line with its transformation plan.
'He has also succeeded in positioning RHB Group's business to become a strong, full financial service brand in the region. Under his leadership, the Group also strengthened its presence in foreign markets such as Singapore, Thailand and Brunei and initiated the establishment of its footprint in Indonesia,' said Bursa Malaysia.
Tajuddin is familiar to the Malaysian capital market and the Exchange business as he currently serves as a non-executive director and public interest director of the board of Bursa Malaysia since July 14, 2008.
He is also the chairman of the risk management committee, and member of the audit committee and appeals committee of Bursa Malaysia.
Prior to heading RHB Group, Tajuddin, was appointed to helm Bank Pembangunan Malaysia Bhd as its president/group MD in December 2007.
At Bank Pembangunan, he was responsible in formulating and establishing the business direction and strategy while ensuring optimal performance and sustainable growth for the banking group.
He was also the CEO of Bank Simpanan Nasional from October 2004 till 2007 where he was instrumental in restructuring and transforming the company into a sustainable and profitable business entity.
Tajuddin started his career with Bank Bumiputra Commerce Bhd where his 17-year tenure included a four-year stint managing the bank's New York branch.
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