The Labuan Financial Services Authority (Labuan FSA) announced changes to its Authority membership following appointments and reappointments approved by Malaysia’s Minister of Finance II. Dato’ Zain Azhari bin Mazlan and Encik Mohamad Ali Iqbal bin Abdul Khalid were appointed as new Authority members for a two-year term running from 15 January 2026 to 14 January 2028, alongside the reappointment of four existing members for a further two years. The four members reappointed are Datuk Nor Azimah binti Abdul Aziz, Datuk Hisham bin Rusli, Mr. Steven Choy Khai Choon and Dr. Aida binti Othman. Labuan FSA noted that Dato’ Zain Azhari is Executive Director of Corporate Finance and Investments at the Securities Commission Malaysia, while Encik Mohamad Ali Iqbal is an Assistant Governor at Bank Negara Malaysia overseeing departments including investment, market operations and development, and foreign exchange policy. The authority also recorded appreciation to outgoing members Encik Aznan bin Abdul Aziz and Puan Salmah Bee binti Mohd Mydin.
Labuan Financial Services Authority 2026-01-20
Labuan Financial Services Authority adds two new Authority members and extends four members’ terms through January 2028
The Labuan Financial Services Authority announced new appointments and reappointments to its membership, with Dato’ Zain Azhari bin Mazlan and Encik Mohamad Ali Iqbal bin Abdul Khalid joining for a two-year term starting 15 January 2026, and four existing members reappointed.