Various

Adelene Foo Appointed as Managing Director of Grab Malaysia

Southeast Asian superapp Grab has appointed Adelene Foo as Managing Director of Grab Malaysia to succeed Sean Goh, who assumes the position of Regional Head of Deliveries and Mobility. In her role, Adelene will oversee the business strategy and operations

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BigPay Revamps App With New Design Powered by Snowdrop

Southeast Asian neobank BigPay has embarked on the first phase of its app enhancements with new design elements and experience powered by Snowdrop Solutions, a London-based Google Maps and Cloud Premier partner. Each BigPay transaction will display clear merchant names,

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Shopee’s Parent Company Sea to Create Over 2000 Jobs in Malaysia

Singaporean tech conglomerate Sea announced that it will be creating more than 2,000 in Malaysia as part of its expanded investment plan in the country. Sea operates three core businesses across digital entertainment, e-commerce, as well as digital payments and

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SC’s Deputy CEO Steps Down; Two New Managing Directors Appointed

The Securities Commission Malaysia (SC) today announced the appointment of Kamarudin Hashim and Datin Azalina Adham as its new Managing Directors, effective 1 January 2023. The SC also announced that its Deputy Chief Executive Datuk Zainal Izlan Zainal Abidin will

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Top 5 Stories That Shaped Malaysia’s Fintech Scene in 2022

2022 was set to be a transformative year for the fintech space in Malaysia. The long-awaited reveal of the five awardees for the first digital banking licences in the country finally took place to kick the year off, and it

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Bursa Malaysia Launches World’s First Shariah-Compliant Carbon Exchange

Bursa Malaysia announced the launch of the Bursa Carbon Exchange (BCX), touted to be the world’s first Shariah-compliant carbon exchange in the world. The exchange will enable companies to trade voluntary carbon credits from climate-friendly projects and solutions, with the aim

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OCBC Malaysia Appoints Veteran Banker Tan Chor Sen as New CEO

OCBC Malaysia has appointed Tan Chor Sen as its CEO with effect from 1 January 2023 to succeed Dato’ Ong Eng Bin who will stay on as an adviser after his retirement. Tan has been with OCBC Bank in Singapore

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Effendy Shahul Hamid Succeeds Samir Gupta as CIMB’s Consumer & Digital Banking CEO

CIMB Group has appointed Effendy Shahul Hamid as CEO of Group Consumer and Digital Banking which takes effect on 1 January 2023 onwards, succeeding Samir Gupta who is retiring after 12 years of service with the group. The appointment will

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Hong Leong Bank Announces Winner of Metaverse-Focused Hackathon

Hong Leong Bank‘s (HLB) “Can You Hack It 2022” hackathon with a focus on re-imagining banking experiences through hyper-personalisation and the metaverse has concluded. Team ‘TryHards’ came out top with their idea of making bank statements fun and personalised for

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Securities Commission Malaysia Inks Regional Supervisory Cooperation

The Securities Commission Malaysia (SC) has signed the IOSCO Asia Pacific Regional Committee’s (APRC) Multilateral Memorandum of Understanding for Supervisory Cooperation (Supervisory MMoU) at the International Organisation of Securities Commissions (IOSCO) annual meetings in Morocco on Monday. The SC now

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