PETALING JAYA: Former Umno supreme council member and deputy finance minister Datuk Dr Awang Adek Hussin (pic) has been appointed to lead the Securities Commission (SC).
His appointment came as the current chairman, Datuk Syed Zaid Syed Jaffar Albar, surprisingly tendered his resignation merely six months after his term was extended for a three-year period.
Syed Zaid decided to step down at a time when the SC is battling issues particularly surrounding Serba Dinamik Holdings Bhd.
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