SC appoints new executive director

Zain is an alumni of the London School of Economics & Political Science and the Royal Military College. (Securities Commission Malaysia pic)

KUALA LUMPUR: The Securities Commission Malaysia (SC) has appointed Datuk Zain Azhari Mazlan as its new executive director, corporate finance & investments, effective today.

In a statement, SC said Zain succeeds Eugene Wong, who after ten years of service, completed his contract on Dec 31, 2019.

As the executive director, corporate finance & investments, Zain will provide leadership and direction on matters related to issues and investments, including issuance of securities, takeover and merger activities, applications on collective investment schemes and registration of prospectus.

Zain joined the SC with 25 years of experience in corporate finance.

An alumni of the London School of Economics & Political Science and the Royal Military College, he started his career at Bumiputra Merchant Bank (which subsequently merged into Alliance Investment Bank), where he rose through the ranks over a span of ten years to lead its corporate finance activities.

He was most recently the managing director, corporate finance at CIMB Investment Bank, which he joined in March 2005.

His primary responsibility at CIMB Investment Bank included originating and executing corporate finance transactions including mergers and acquisitions, equity fund raising exercises, initial public offerings, equity and debt restructuring and other general financial advisory work.