The Borneo Post

Labuan FSA appoints Mah as director-general

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KUALA LUMPUR: The Labuan Financial Services Authority (Labuan FSA) has appointed Danial Mah Abdullah as its new director-general for a three-year term, effective Oct 3, 2017.

In a statement yesterday, Labuan FSA said Mah took over from Datuk Ahmad Hizzad Baharuddin upon expiry of his term.

Mah is currently the Deputy director- general of Labuan FSA, chairman of the Credit Risk, Investment and Risk Management Committee, Asset Management Committee and Talent Management Committee of Labuan FSA, as well as the Secretary to the Authority of Labuan FSA.

He joined Labuan FSA in 1997 and has held various positions in the organisati­on since.

Mah is a Chartered Accountant registered with the Malaysia Institute of Accountant­s and also an Associate Member of the Institute of Bankers Malaysia.

He holds a Bachelor of Accounting from University of Malaya and a Masters in Business Administra­tion from Manchester Business School, United Kingdom.

Meanwhile, in another statement, Bank Negara Malaysia ( BNM) yesterday said Datuk Ahmad Hizzad Baharuddin will resume his duties at Bank Negara Malaysia (BNM) following the end of his six years secondment to the Labuan FSA as the director-general.

Effective October 3, 2017, Ahmad Hizzad wil lb ethe Assistant Governor responsibl­e for the Investment Operations and Financial Markets, Foreign Exchange Administra­tion, Legal and Currency Management and Operations department­s.

He will also co-chair the Financial Markets Committee with Assistant Governor Norzila Abdul Aziz.

Prior to his secondment to Labuan FSA, Ahmad Hizzad served as the director of several department­s in Bank Negara Malaysia including Payment Systems Policy, Financial Sector Developmen­t and Islamic Banking and Takaful.

Ahmad Hizzad holds a Bachelor of Science in Business from Eastern Illinois University, USA as well as a Master’s degree in Business Administra­tion from Saint Louis University, US. — Bernama

 ??  ?? Bank Negara Governor Tan Sri Muhammad Ibrahim (left) presenting the appointmen­t letter to Mah (middle) as the new director-general of Labuan FSA yesterday. Also present is Ahmad Hizzad. — Bernama photo
Bank Negara Governor Tan Sri Muhammad Ibrahim (left) presenting the appointmen­t letter to Mah (middle) as the new director-general of Labuan FSA yesterday. Also present is Ahmad Hizzad. — Bernama photo

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