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DATUK SHIREEN MUHIUDEEN NAMED AS NEW NON-EXECUTIVE CHAIRMAN OF BURSA MALAYSIA

30 Jan 2019

Datuk Shireen Ann Zaharah binti Muhiudeen is appointed as Non-Executive Chairman of the Board of Directors of Bursa Malaysia to succeed Tan Sri Amirsham A Aziz effective 1 March 2019.

 

KUALA LUMPUR, 30 JANUARY 2019 – Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today announced the appointment of Datuk Shireen Ann Zaharah binti Muhiudeen (“Datuk Shireen Muhiudeen”) as Public Interest Director and Non-Executive Chairman of Bursa Malaysia effective 1 March 2019. This appointment is by the Minister of Finance pursuant to Sections 10(1)(a) and 10(3) of the Capital Markets and Services Act 2007.

Datuk Shireen Muhiudeen will succeed Tan Sri Amirsham A Aziz (“Tan Sri Amirsham”), who has held the role of Non-Executive Chairman of the Board of Directors since 1 March 2015 and will step down on 28 February 2019. 

Datuk Shireen Muhiudeen is the founder of Corston-Smith Asset Management Sdn Bhd. Prior to this, she served as the Chief Executive Officer of AIG Investment Corporation (Asia) Ltd from 1992 to 2004. Datuk Shireen has more than 31 years of focused fund management experience in emerging Asia equity markets. She was a member of the International Finance Corporation (IFC)’s working group for the establishment of the Philippine Stock Exchange’s Maharlika Board. She was also a member of the International Advisory Panel for Labuan International Business and Financial Center. 

Datuk Shireen Muhiudeen currently holds Independent Directorships in AMMB Holdings Berhad, and at the Federal Land Development Authority (FELDA). She has served on Malaysia’s Sports Advisory Council, the Board of Tourism Malaysia and was a member of the EU-Malaysia Chamber of Commerce & Industry Financial Services Committee. 

Datuk Shireen Muhiudeen holds a Master of Business Administration degree from Loyola Marymount University, United States and a Bachelor of Science in Business Administration degree from University of Southern California, United States.

The outgoing Chairman, Tan Sri Amirsham has led the Board for 4 years. Tan Sri Amirsham’s previous experience as a policy maker in the Economic Planning Unit and as the President and Chief Executive Officer of a leading bank has contributed extensively to his leadership of the Board and his guidance of Bursa Malaysia’s growth as a dynamic national exchange and leading PLC.

The Board and Management of Bursa Malaysia express their sincere appreciation to Tan Sri Amirsham for his invaluable contribution to the aspirations and achievements of Bursa Malaysia.