Fad'l Mohamed to Lead Bursa Malaysia as New CEO
Portfolio - People | Jan 27, 2025 | EIN
Bursa Malaysia Bhd has announced the appointment of Datuk Fad'l Mohamed as its new CEO, effective from March 1, 2025, following the retirement of the current CEO, Datuk Muhamad Umar Swift. Fad'l Mohamed brings a wealth of experience in legal, capital markets, and investment banking, having previously served as the CEO of Maybank Investment Bank and most recently as the managing director of group wholesale banking at RHB Bank Bhd. His extensive career also includes roles at Rashid & Lee, the Securities Commission Malaysia, and Dresdner Kleinwort Benson, as well as founding Maestro Capital Sdn Bhd, a corporate finance advisory firm. Bursa Malaysia's chairman, Tan Sri Abdul Wahid Omar, expressed confidence in Mohamed's ability to drive future growth and success for the exchange.
Sectors
- Financial Services
- Investment Banking
Geography
- Malaysia – The entire article focuses on Bursa Malaysia, a major financial exchange located in Malaysia, and discusses a prominent Malaysian executive.
Industry
- Financial Services – The appointment of a new CEO for Bursa Malaysia is directly related to the Financial Services industry, covering stock exchange operations.
- Investment Banking – Fad'l Mohamed's extensive career in investment banking, including his roles at Maybank Investment Bank and RHB Bank, is a key aspect of the article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bursa Malaysia Bhd | Target Company | Company | Bursa Malaysia operates the Malaysian stock exchange and is appointing a new CEO. |
| Fad'l Mohamed | Incoming CEO | Person | Currently the managing director of group wholesale banking at RHB Bank, Fad'l Mohamed is appointed as the new CEO of Bursa Malaysia. |
| Datuk Muhamad Umar Swift | Outgoing CEO | Person | The current CEO of Bursa Malaysia, retiring after leading the exchange since February 2019. |
| Tan Sri Abdul Wahid Omar | Chairman | Person | Chairman of Bursa Malaysia, made statements on the appointment of the new CEO. |
| RHB Bank Bhd | Previous Employer | Company | Fad'l Mohamed's current employer, where he is managing director of group wholesale banking. |
| Maybank Investment Bank Bhd | Previous Employer | Company | Former employer of Fad'l Mohamed, where he served as CEO. |
| Rashid & Lee | Previous Employer | Company | Fad'l Mohamed started his career as a lawyer at this law firm. |
| Securities Commission Malaysia | Previous Employer | Company | Fad'l Mohamed worked here in his early career after transitioning from law. |
| Dresdner Kleinwort Benson | Previous Employer | Company | An investment banking firm where Fad'l Mohamed worked previously. |
| Maestro Capital Sdn Bhd | Former Company Founded | Company | A corporate finance advisory firm founded by Fad'l Mohamed. |