KUALA LUMPUR: The Securities Commission (SC) has announced the appointments of Yew Yee Tee (pic) and Shamsul Bahriah Shamsudin as general counsel and director, respectively.

       Their appointments, which were made on April 19, will take effect on July 1.

       Yew is the current executive director of intermediary and fund supervision. Prior to joining the SC in 2020, she was the chief regulatory officer of Bursa Malaysia Bhd.

       She will succeed Chee Fei Meng, who had opted not to renew her contract when it ended on April 15.

       To facilitate a smooth transition, Chee will continue to serve the SC until June 30, it said in a statement.

       Shamsul Bahriah, meanwhile, is the current head of institution supervision and has served the SC for 19 years. She will succeed Yew as director of intermediary and fund supervision.

       Meanwhile, the regulator has confirmed the resignation of its managing director Foo Lee Mei, who, on April 6, had opted to terminate her contract earlier. Foo will serve her notice until May 20.

       Executive director of digital strategy and innovation Chin Wei Min had, on April 28, tendered his resignation and will serve his two-months’ notice.

       The SC has already identified an internal candidate to replace Chin, subject to endorsement and formalisation, and an announcement will be made in due course.

       The SC stressed that contrary to recent media speculation, the resignation of its managing director and general counsel are not linked, and were made prior, to the announced resignation of its executive chairman on Thursday.