KUALA LUMPUR: The Minority Shareholders Watch Group (MSWG) has appointed Selvarany Rasiah as its director and Dr Ismet Yusoff its chief executive officer (CEO).
In a statement, MSWG said Selvarany was previously Bursa Malaysia’s chief regulatory officer and chief commercial officer.
“Selvarany has been extensively involved in capital market development and regulation. She played an active role in strengthening the capital market post-Asian Financial Crisis.
Meanwhile, Ismet assumed the role of MSWG’s CEO on March 18, 2024, taking over from Devanesan Evanson, who retired on Dec 19, 2023.
“Ismet brings a wealth of experience and expertise in corporate governance, making him the right fit to lead MSWG as an independent voice for minority shareholders’ activism and advocate for good corporate governance and sustainability in Malaysia.
Before MSWG, Ismet was the CEO of the Malaysian Institute of Corporate Governance and served the Securities Commission Malaysia, where he played an instrumental role in shaping Malaysia’s corporate governance landscape.
He contributed to developing strategic corporate governance plans, including the Malaysian Code on Corporate Governance, Malaysia’s Corporate Governance Strategic Priorities and Guidelines on Corporate Governance for Capital Market Intermediaries.
