Lawyer Syed Zaid Albar is new SC chairman

Lawyer Syed Zaid Albar has over 38 years of experience in legal practice.

PETALING JAYA: Lawyer Syed Zaid Albar has been appointed as the Securities Commission chairman, replacing Ranjit Ajit Singh, effective Oct 15.

In a statement, the Prime Minister’s Office said Zaid, who graduated with a Bachelor of Arts (Honours) degree in Law in the UK, has over 38 years of experience in legal practice.

Zaid also served with Skrine & Co, before setting up his own firm Albar & Partners.

He was previously appointed to the panel of inquiry of the Compensation Fund of Bursa Malaysia Securities Berhad as a member.

In August, The Edge Financial Daily reported that Zaid had a high chance of landing the post due to his legal background.

He is also the secretary to the Perdana Leadership Foundation.

He also served as a panel member of the law review committee for Islamic banking with the central bank.