KUALA LUMPUR, Malaysian Rating Corporation Bhd (MARC) has announced new leadership changes across its group, effective August 1, 2025, aimed at ensuring leadership continuity and sharpening strategic focus.
Group CEO Arshad Mohamed Ismail has been appointed Chief Executive Officer of MARC Ratings Bhd, the group’s credit ratings division, following the retirement of Rajan Paramesran on July 31 after 17 years of service.
“We are grateful to Rajan for his outstanding contributions and for establishing MARC Ratings as a trusted name in the capital markets,” said Arshad. “I’m committed to building on this strong foundation with our leadership team to deliver continued value and uphold analytical excellence.”
To further bolster its ratings operations, MARC has also appointed Deputy Chief Rating Officer Taufiq Kamal to the Rating Committee. He will support Chief Rating Officer Hafiza Abdul Rashid in enhancing analytical quality, governance, and operational performance.
These appointments underscore MARC’s ongoing commitment to quality, transparency, and leadership in Malaysia’s capital market landscape.
