Mohd Azlan was first appointed by the Minister of Finance as Executive Chairman of KLSE Bhd on 1 January 1998, a position he held for three terms before the completion of his tenure on 29 February 2004. Taking over at the helm of KLSE Bhd is Non-Executive Chairman, Tun Mohamed Dzaiddin Hj. Abdullah and Chief Executiver Officer Yusli Mohamed Yusoff with effect from 1 March 2004.
At the handover ceremony, Mohd Azlan said, "A key factor that has contributed to the success of the exchange in managing challenges and change are the management and staff of KLSE Bhd who have demonstrated their professionalism, capability and commitment to this organisation.
"We have been through good times and bad times. We have been through challenges and change.
"However, the significant memory of this organisation, and of the people - is that the teamwork and support for each other remain unwavering and strong," he said.
During Mohd Azlan's tenure at KLSE Bhd from 1998 to 2003, significant developments and achievements accomplished include:
Strengthening regulations to enhance prudential standards and financial strength for stockbroking companies.
- Revamping of the Listing Requirements to extensively cover corporate governance practices for listed companies in the areas of continuing listing obligations, continuing disclosures, the conduct, practice and continuing education of directors of public listed companies.
- On-going improvements in market infrastructure and delivery systems to ensure the securities industry and the stockmarket remain competitive, efficient and secure.
- Completion of the consolidation of exchanges to establish an integrated Malaysian exchange to achieve greater economies of scale and scope, pooling of resources, greater distribution reach and a more diversified product and revenue base.
- Completion of the demutualisation and conversion of the KLSE into a public company to broaden its interests and capability to better represent the needs and requirements of all stakeholders, the industry, the capital market and the nation, and to respond faster and adapt more quickly to changes in the market place.
"There is no one performance more important than another. Scoring a winning goal is never the effort of just one team member. The making of a winning team takes all of learning, commitment, best practice, talent, innovation, confidence and teamwork.
"Related to this, I would like to thank everyone at KLSE Group who have contributed all of these winning traits during my tenure as Executive Chairman of KLSE. My appreciation and gratitude to all of you for the excellent effort and commitment to results that you have shown.
"There is no doubt that this organisation will continue to be in the good hands of all performing staff and management as well as in the direction and guidance of Chairman, YABhg. Tun Mohamed Dzaiddin and Chief Executive Officer, Yusli Mohamed Yusoff and," he said
Tun Mohamed Dzaiddin, 66, a former Chief Justice of Malaysia, is a renowned member of the Malaysian judiciary having served for over 20 years in many significant positions. For his distinguished service to the nation, Mohamed Dzaiddin was awarded the country's honours several times, the most recent being the S.S.M. (Grand Commander - 1st Class) by DYMM Seri Paduka Baginda Yang Di-Pertuan Agong which carries the title 'Tun'.
Mohamed Dzaiddin's extensive experience includes legal advisory positions to several banks and public corporations since 1967 and directorships in public listed companies since 1975. Mohamed Dzaiddin was a former Vice President of the Malaysian Bar and the ASEAN Law Association. He was also appointed Chairman of the Tun Mohamad Suffian Foundation in 2002, a position he holds until today.
Yusli Mohamed Yusoff, 44, is a chartered accountant with established experience in financial accounting in Britain and Malaysia and in managing public companies in Malaysia. A member of the Institute of Chartered Accountants, England and Wales, Yusli has held key positions in prominent corporations and has built his expertise in financial management, risk management and business development.
Yusli's direct involvement in the Malaysian securities industry and the KLSE Group has been expanded extensively since the year 2000, in his capacity as Chief Executive Director, CIMB Securities Sdn Bhd, Chairman, Association of Stockbroking Companies Malaysia, Director of Malaysia Derivatives Exchange Bhd and Committee Member of KLSE.
