CTOS Digital Bhd has appointed Creador founder and chief executive officer Brahmal Vasudevan as its new non-executive chairman, effective July 1, 2026.
According to Bursa Malaysia filings, Brahmal, 57, succeeds Datuk Noorazman Abd Aziz, who is retiring after serving as chairman since February 2020.
The appointment comes as Creador remains CTOS Digital’s largest shareholder, holding a 20.784% stake in the company through Jade Vine Sdn Bhd.
Brahmal founded private equity firm Creador in 2011 and has served as its chief executive officer since its inception. Under his leadership, Creador has grown into one of the region’s leading private equity firms, with investments across Southeast Asia and India spanning sectors such as financial services, consumer, healthcare, retail and business services.
CTOS Digital Bhd, Chairman – Brahmal Vasudevan.
Before establishing Creador, Brahmal was the general partner and managing director of ChrysCapital Investment Advisor (S) Pte Ltd from 2000 to 2011. He also held senior positions at several multinational organisations, including Malaysian Tobacco Bhd, Boston Consulting Group, British American Tobacco and Astro.
In a separate Bursa filing, CTOS Digital also announced the appointment of Datuk Iswaraan Suppiah, 62, as an independent non-executive director.
Iswaraan brings extensive experience in banking, technology and digital transformation. He previously served as group chief operations officer of AmBank Group, where he spearheaded initiatives involving digital transformation, artificial intelligence adoption and operational automation. Prior to that, he held several senior technology and operations roles at CIMB Group.
The appointments are expected to strengthen CTOS Digital’s board as the group continues to expand its digital credit reporting and data analytics capabilities while advancing its long-term growth strategy.
Shares of CTOS Digital closed 0.75% lower at 66.5 sen, giving the company a market capitalisation of RM1.52 billion. The stock has declined 17.39% year-to-date.
