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Appointment of New Director-General of Labuan Financial Services Authority (Labuan FSA)

Ref No : 26 Sep 2017 Embargo : For immediate release    

The Labuan Financial Services Authority (Labuan FSA) wishes to announce that the Prime Minister and Minister of Finance, YAB Datuk Seri Mohd Najib Tun Abdul Razak, has approved the appointment of Encik Danial Mah bin Abdullah as the new Director-General of Labuan FSA for a three year term, effective from 3 October 2017.

Encik Danial Mah assumes the position of Director-General following the completion of Datuk Ahmad Hizzad bin Baharuddin’s secondment to Labuan FSA. The Authority would like to record its appreciation to Datuk Ahmad Hizzad for his contributions during his tenure with the Authority.

Encik Danial Mah is currently the Deputy Director-General of Labuan FSA, a position he has held since 2007. He is also the Chairman of the Credit Risk, Investment and Risk Management Committee, Asset Management Committee and Talent Management Committee of Labuan FSA. He is also the Secretary to the Authority of Labuan FSA. He joined Labuan FSA in 1997 and has held various positions in the organisation. 

Encik Danial Mah is a member of the Executive Committee of the International Islamic Financial Market (IIFM), member of the Financial Stability Committee, alternate Board member of the IIFM, and a Board member of the Labuan IBFC Incorporated Sdn Bhd, Labuan FSA Incorporated Sdn Bhd and Pristine Era Sdn Bhd. He also served as the interim Chief Executive Officer of the Labuan IBFC Incorporated Sdn Bhd since 2015.

Encik Danial Mah is a Chartered Accountant registered with the Malaysia Institute of Accountants and also an Associate Member of the Institute of Bankers Malaysia.  Encik Danial Mah holds a Bachelor of Accounting from the University of Malaya and a Masters in Business Administration (with Distinction) from Manchester Business School, United Kingdom.

(From left to right) Governor Bank Negara Malaysia, Tan Sri Muhammad bin Ibrahim with the new Director General of Labuan FSA, Encik Danial Mah Abdullah and Assistant Governor Bank Negara Malaysia Datuk Ahmad Hizzad Baharuddin.

Labuan Financial Services Authority
26 September 2017

 

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