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Dato Azizan keeps his job as LOFSA DG for another two years.

Byline: (Staff Writer)

Labuan Offshore Financial Services Authority (LOFSA) has extended Dato' Azizan Abd Rahman's tenure as the Director-General of LOFSA for another two years with effect from 1 July 2009. Dato' Azizan has held the position as the Director-General of LOFSA since July 2005.

Dato' Azizan began his career in the Banking Supervision Department of Bank Negara Malaysia (BNM) in 1979. Dato' Azizan's career at BNM spanned several positions in the areas of finance, supervision and examination. While in BNM, he was a member of the Boards and investment committees of several Government bodies.

Currently, Dato' Azizan is a Board Member and Chairman of the Audit Committee of Labuan Corporation. He also serves as an Exco member of the Malaysia International Islamic Financial Centre.

Dato' Azizan graduated with a Bachelor's Degree (Hons) in Accounting from the University of Malaya and Masters Degree in Business Administration from the University of Queensland, Australia. He is a member of CPA (Australia) and a Chartered Accountant of the Malaysian Institute of Accountants.

As the Director-General of LOFSA, Dato' Azizan has overseen the realisation of several key initiatives to position Labuan as a premier international business and financial centre, including the rebranding of Labuan in January 2008 as Labuan International Business and Financial Centre (IBFC), establishment of a separate entity that undertakes the promotion and marketing of Labuan IBFC, and the flexibility of co-location for Labuan holding companies in Kuala Lumpur as part of the national financial liberalisation measures.

2009 CPI Financial. All rights reserved.

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Publication:CPI Financial
Date:Jun 30, 2009
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