Bursa Malaysia names Muhamad Umar Swift as CEO

Muhamad Umar Swift’s appointment is effective Feb 11, 2019. (Bernama pic)

KUALA LUMPUR: Muhamad Umar Swift has been appointed as Bursa Malaysia Bhd’s chief executive officer (CEO), replacing Tajuddin Atan, effective Feb 11, 2019.

Bursa Malaysia chairman Amirsham A Aziz said the board of directors, management and staff of the bourse are looking forward to working closely with him.

“His experience will bring a refreshed perspective for Bursa Malaysia and I am confident that he will continue to spearhead the Exchange towards its next phase of accelerated growth of becoming a leading, responsible and globally-connected Asean Marketplace,” he said in a statement today.

Meanwhile, Amirsham said Tajuddin played a pivotal role in establishing the Exchange as a trusted partner and a venue for long-term wealth and value creation.

Tajuddin joined Bursa Malaysia as CEO in April 2011 when he was given the mandate to create a vibrant capital market.

During his tenure, he implemented strategic initiatives which transformed the Exchange into a national institution that has delivered a robust, dynamic and efficient capital market.