KUALA LUMPUR: RAM Ratings Services Bhd has appointed Julie Ng as its new CEO, succeeding Awang Za'aba Awang Mahmud, from April 1, 2024.

       In a statement, the ratings agency said Ng was its former deputy CEO and head of data analytics with over 30 years of experience in risk management, credit rating, financial analysis and project

       management.

       "Julie has demonstrated exceptional leadership in driving strategic business initiatives, spearheading research, and fostering product innovation and development in the risk and sustainability domains, making her a strong leader to steer RAM Ratings’ current aspirations and future endeavours," it said.

       Meanwhile, Ram Ratings' chief rating officer Siew Suet Ming has been appointed deputy CEO in addition to her current role.

       Chairman Datuk Kamaruddin Taib said RAM Ratings will continue to enhance its brand equity, drive business growth, and achieve its strategic objectives under the new leadership.

       "This transition at RAM Ratings underscores RAM Group's unwavering commitment to excellence, integrity, and sustainability, as it embarks on a journey of innovation and agility to capitalise on emerging growth opportunities while maintaining its core business strengths," he said.