Bursa Malaysia Appoints Fad'l Mohamed As New CEO

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd has appointed Datuk Fad’l Mohamed as its new chief executive officer (CEO), effective March 1, 2025.

It said in a statement today that Fad'l would take over the exchange's leadership, following the upcoming retirement of Datuk Muhamad Umar Swift, who has been Bursa Malaysia's CEO since February 2019. 

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said Fad’l’s understanding of capital markets and investment banking sets him in solid stead to lead the exchange into the future. 

"We are confident that his expertise will drive continued growth and success for the exchange and the marketplace," he said.

Fad’l, 57, who is currently the RHB Bank Bhd managing director of group wholesale banking, brings with him over 30 years’ experience in areas of legal, capital markets, and investment banking. 

He was also previously Maybank Investment Bank Bhd's CEO. He began his career as a lawyer at Rashid & Lee in 1991 before joining the Securities Commission Malaysia in 1993. 

"Thereafter, he moved to Dresdner Kleinwort Benson, an investment banking firm. 

"In 2004, he founded Maestro Capital Sdn Bhd, a licensed corporate finance adviser advising on mergers and acquisitions, capital raising and initial public offerings (IPOs), until 2015 when he joined Maybank Investment Bank," the statement said.

-- BERNAMA