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TAN SRI AMIRSHAM NAMED AS NEW NON-EXECUTIVE CHAIRMAN OF BURSA MALAYSIA

09 Jan 2015

Tan Sri Amirsham Abdul Aziz is appointed as Non-Executive Chairman of the Board of Directors of Bursa Malaysia to succeed Tun Mohamed Dzaiddin Haji Abdullah effective 1 March 2015.

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today announces the appointment of Tan Sri Amirsham Abdul Aziz (“Tan Sri Amirsham”) as Public Interest Director and Non-Executive Chairman of Bursa Malaysia effective 1 March 2015. 

Tan Sri Amirsham succeeds Tun Mohamed Dzaiddin Haji Abdullah ("Tun Dzaiddin"), who has held the role of Non-Executive Chairman of the Board of Directors since 1 March 2004 and will entrust the Chairmanship of the Board to Tan Sri Amirsham upon the expiry of his term of appointment on 28 February 2015.

Tan Sri Amirsham, 64, is presently the Chairman of Malaysian Investment Development Authority (MIDA) as well as the Financial Services Talent Council. He currently holds Directorships in various leading organisations amongst others, Petronas Berhad, RAM Holdings Berhad, Samling Global Limited, Bermuda, and CapitaLand Limited, Singapore.

Tan Sri Amirsham served for 14 years as President and Chief Executive Officer of Malayan Banking Berhad from 1994 to 2008, after which he was appointed a Minister in the Prime Minister's Department, in charge of the Economic Planning Unit and Department of Statistics (DOS). He held the position of Minister until 9 April 2009. Tan Sri Amirsham was also the former Chairman of the National Economic Advisory Council (NEAC).

Tan Sri Amirsham holds an Honours degree in Economics from the University of Malaya and is a Certified Public Accountant. His appointment takes effect from 1 March 2015 after Tun Dzaiddin’s term of appointment as Chairman ends on 28 February 2015.

Outgoing Chairman Tun Dzaiddin has led the Board for 11 years. He was  appointed as a Public Interest Director and Non-Executive Chairman of Bursa Malaysia on 1 March 2004 by the then Prime Minister and Minister of Finance, YAB Dato' Seri Abdullah Ahmad Badawi.   

Prior to his appointment, Tun Dzaiddin had a distinguished career in the Malaysian judiciary, as a High Court Judge from 1982 to 1992, Supreme Court Judge from 1992 to 1993 and Federal Court Judge in 1993 until his appointment in 2000 as the 9th Chief Justice of Malaysia until his retirement in March 2003.

Tun Dzaiddin's leadership of the Board has contributed immensely to the uplift in the standards of the Exchange as a world-class marketplace and market regulator. His Chairmanship commenced two months after Bursa Malaysia completed its demutualisation exercise on 5 January 2004 as part of its transformation process. During his tenure, the Exchange also listed on the Main Board of Bursa Malaysia Securities Berhad on 18 March 2005, with its IPO receiving 38 times oversubscription, and a record RM14.6 billion institutional demand[1]. Under Tun Dzaiddin’s headship, the Exchange has also stepped up the pace on governance efforts towards ensuring an orderly, transparent and efficient marketplace.

The Board and Management of Bursa Malaysia express their appreciation and thanks to Tun Dzaiddin for his invaluable leadership, commitment and dedication to Bursa Malaysia and wish him well.  



[1] http://bursa.listedcompany.com/news.rev/id/22840