New Bursa Malaysia CEO Take the Helm
Dato’ Tajuddin Atan officially starts his new role as Chief Executive Officer of Bursa Malaysia April 1. He will be responsible for driving Bursa Malaysia forward to becoming an attractive and competitive exchange in the region. His mandate will also be to enhance the Malaysian capital market’s position as a destination of choice for listings and investments regionally.
Dato’ Tajuddin was the Managing Director of RHB Bank Berhad and Group Managing Director of RHB Capital Berhad prior to his current position at Bursa Malaysia. He takes over the helm at Bursa Malaysia from Dato’ Yusli Mohamed Yusoff, who had served the Exchange as CEO since 2004.
Tun Mohamed Dzaiddin Hj. Abdullah, Chairman of Bursa Malaysia, said, “Given the highly competitive operating landscape, the Exchange needs to continuously innovate and adapt to meet challenges and thrive. Towards this end, Dato’ Tajuddin’s track record and expertise in the finance and investment sector will be an advantage to Bursa Malaysia.
“The Board of Directors as well as the management and employees of Bursa Malaysia look forward to working closely with Dato’ Tajuddin in his new role as our CEO. His experience as a Director of Bursa Malaysia over the past two years will undoubtedly make this a smooth transition,” Tun Dzaiddin added.
Dato’ Tajuddin is familiar to the Malaysian capital market and Bursa Malaysia as he had served as a Non-Executive Director and Public Interest Director of the Board of Bursa Malaysia from 14 July 2008 until 31 March 2011. During this period, he was also the Chairman of the Risk Management Committee, and member of the Audit Committee and Appeals Committee of Bursa Malaysia.
Dato’ Tajuddin said, “The success of Bursa Malaysia not only impacts our country’s capital markets but also Malaysia’s continued economic growth and prosperity. Moving forward, I believe that it is imperative we continue to tap the competitive advantages inherent in our capital market. At the same time, we must be focused on creating and offering products and services that are innovative and of global standards. But in order to achieve these, we have to have a workforce that is motivated, inspired and committed towards excellence,” he said.
Before heading RHB Group, Dato’ Tajuddin, was appointed to helm Bank Pembangunan Malaysia Berhad as its President/Group Managing Director in December 2007. At Bank Pembangunan Berhad, Dato’ Tajuddin was responsible in formulating and establishing the business direction and strategy while ensuring optimal performance and sustainable growth for the banking group. Dato’ Tajuddin also served as the Chief Executive Officer of Bank Simpanan Nasional from October 2004 till 2007 where he was instrumental in restructuring and transforming the company into a sustainable and profitable business entity, consistent with the Government’s intention to inculcate an entrepreneurial approach. Dato’ Tajuddin commenced his career with Bank Bumiputra Commerce Berhad where his 17-year tenure included a 4-year stint managing the bank’s New York branch.