Who is leaving Bursa Malaysia following the restructure?

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Key Executives Depart Bursa Malaysia Amid Restructuring

Bursa Malaysia, the nation's stock exchange operator, is set to see several key executives depart following a significant organisational restructuring. These departures include Chief Commercial Officer Selvarany Rasiah, Chief Operating Officer Datin Azalina Adham, Chief Regulatory Officer Yew Yee Tee, and Director of Corporate Strategy Dr Tan Wei Lin. Their exits are a direct consequence of the operational changes, with their fixed-term contracts expiring concurrently with the restructuring's implementation.
Chief Commercial and Operating Officers to Depart

The roles of Chief Commercial Officer and Chief Operating Officer will be phased out as part of Bursa Malaysia's move towards a flatter management structure. This organisational shift, effective January 1, 2020, means that the existing business leadership team will now report directly to the Chief Executive Officer (CEO). Consequently, Chief Commercial Officer Selvarany Rasiah and Chief Operating Officer Datin Azalina Adham will be leaving the company upon the conclusion of their current fixed-term contracts.
Chief Regulatory Officer and Director of Corporate Strategy Also Exiting

In addition to the commercial and operational leadership changes, the Chief Regulatory Officer, Yew Yee Tee, will also depart Bursa Malaysia as her fixed-term contract expires. Similarly, Dr Tan Wei Lin, who holds the position of Director of Corporate Strategy, will be leaving the company to pursue other opportunities. These departures are part of the broader organisational realignment designed to enhance efficiency and agility.
Restructuring Aims for Agility and Efficiency

The organisational restructuring initiative by Bursa Malaysia is intended to accelerate growth in key areas and foster greater cross-functional collaboration. By establishing a flatter management structure where business leaders report directly to the CEO, the company aims to achieve a wider span of direct management and oversight. Furthermore, a new CEO regulation position is being created to spearhead frontline regulatory functions. The overall objective is to create a more agile and efficient organisation better equipped to adapt to the evolving demands of the global market.

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Who is leaving Bursa Malaysia following the restructure?

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