Regulators in Malaysia, Singapore, Indonesia and Thailand have also placed Financial.org on alert lists of unauthorised firms with whom investors should exercise caution.
KUALA LUMPUR: Khazanah Nasional Bhd has announced changes to its senior management team in China and North Asia.
Datuk Ben Chan, executive director of investments and co-head of investments (transactions) will be leaving Khazanah at the end of April to join the the Ontario Teachers' Pension Plan as its regional managing director in the Asia Pacific.
Bryan Lim, who is presently the director of investment and head of Khazanah's regional office in Beijing, will take over Chan's role in leading the organisation's overall presence in China.
According to a press announcement, Lim will also be responsible for Korea and Japan, which together with China, constitute Khazanah's North Asia coverage.
"As a key and one of the longest serving members of Khazanah’s senior leadership team, Datuk Ben Chan’s track record of service and achievements has been immense. We are truly appreciative of his contribution to the institution and the nation in his nearly 13 years with Khazanah. Ben leaves with our sincere gratitude, and we wish him well in his career with a leading global institutional investor," said Khazanah Managing Director Tan Sri Azman Mokhtar.
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