Association of Labuan Banks
Association of Labuan Trust Companies
Labuan International Insurance Association
Labuan Investment Banks Group
Labuan International Financial Exchange
Dear Chairmen,
Labuan Financial Services Authority is pleased to announce that the Minister of Finance has appointed YBhg. Datuk Siti Zainab binti Omar as the Chairman of Labuan FSA; and Encik Nik Mohamed Din bin Nik Musa as the Director General of Labuan FSA effective 1 May 2021.
YBhg. Datuk Siti Zainab is currently the Solicitor General II of Malaysia, where she oversees the Advisory Sector in the Attorney General’s Chambers. She is responsible for the supervision and monitoring of the Legal Officers in the Advisory Sector who are based in the States or branches of the Attorney General’s Chambers, in cadre service in the Ministry and Government Agency.
Prior to his appointment, Encik Nik Mohamed Din was the Director of Money Services Business Regulation, Bank Negara Malaysia (BNM) since 2016.  At his previous post, he was responsible for the regulation, supervision, policy-making and development of cross-border remittance, currency exchange and currency wholesale business in Malaysia. He joined BNM in 1991 and had served in various areas within the Central Bank, including bank regulation, Islamic banking and takaful as well as market development of international finance of the Labuan IBFC. Besides holding a Chartered Banker certificate from the Asian Institute of Chartered Bankers, Encik Nik Mohamed Din holds a Bachelor of Science in Economics and Accounting from the University of Bristol and a Master’s degree in Business Administration from the University of Warwick.
Please disseminate this notification to all your association members accordingly.
Thank you.
Valerie Yee                                          
Corporate Relations & Information                    
Labuan Financial Services Authority (Labuan FSA)                               
Tel: 60-87-591301 / Fax: 60-87-428200