PETALING JAYA: The government has extended the term of Iskandar Ismail as CEO of the Malaysia Competition Commission (MyCC) for another three years, effective Oct 16, 2021.

       Commenting on his appointment, Iskandar said in a statement he and his team looked forward to continue in carrying out their strategic plans for MyCC in the next five years.

       “As we expect the e-commerce sector and the digital market to be the mainstay of the Malaysian economy, MyCC will ensure rigorous and robust enforcement of competition law and policy to be applied across these two sectors especially when taking into account the challenges in the present time,” he said.

       “We will also work closely with the government to increase transparency in the public tender process to eradicate bid rigging and continue pursuing the agenda to empower MyCC in regulating mergers and acquisitions activities,” he added.

       Iskandar, who previously worked at Bank Negara Malaysia and United Nations, joined MyCC in 2013 as the director of the Investigation and Enforcement division. He was later appointed as the CEO on Oct 15, 2018.

       MyCC noted Iskandar has led and overseen the investigation of many landmark cases such as Malaysian Airline System Bhd and AirAsia Bhd; container depot operators in Penang; MyEG Services Bhd; the General Insurance Association of Malaysia and its 22 members; Dagang Net Technologies Sdn Bhd; and seven warehouse operators in Port Klang.