MEDIA STATEMENT

SC Chairman’s Term Extended for Three Years

30 October 2021

The Securities Commission Malaysia (SC) is pleased to announce the extension of Datuk Syed Zaid Albar as SC Chairman for three years effective 1 November 2021. The reappointment was approved by the Minister of Finance on 3 June 2021.
Syed Zaid was appointed Chairman of the SC on 1 November 2018. He has played a pivotal role in a rapidly evolving financial landscape, leading the SC in setting the strategic direction for the growth of the capital market during exceptionally challenging times. The SC recently unveiled its five-year Capital Market Masterplan 3, which aims to build a capital market that is relevant, efficient and diversified to enable the Malaysian economy to emerge fitter and stronger.

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The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

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