SCwatch


MALAYSIAN SECURITIES COMMISSION’S NEW CHAIRMAN : RANJIT SINGH

Contrary to Singapore’s Straits Times reporter, Leslie Lopez, the current chairman of Malaysia’s Securities Commission, Zarinah Anwar, will not be replaced by the retiring Secretary General of the Ministry of Finance.

Instead, it’s going to be Ranjit Singh who will be elevated from his current post as Managing Director of the regulatory organization.

There will not be any split in the powerful Chairman post  ……. the Straits Times story that there will be a non-executive Chairman whilst Ranjit will assume the Chief Executive’s position.

All this means that Ranjit Singh will be all-powerful …… just like Zarinah.

But from the grape-vine ….. Ranjit is so much different from Zarinah.

All things considered, despite Ranjit having many detractors from within, so I hear, there is no doubt about the grudging respect these same people have for him.

Articulate, focused and with the ability to see the big picture, he appears cut out for the Chairman-ship of this regulatory organisation.

And his first task – to regain the credibility lost from the ‘Spousal Concerns’ of his predecessor! Click HERE and HERE for the ‘I told you so!’ bit.


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