PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has appointed group chief executive officer (CEO) Arshad Mohamed Ismail as the CEO of MARC Ratings Bhd, the group’s credit rating subsidiary.
In a statement, MARC said the appointment will be effective from Aug 1.
“This appointment follows the departure of Rajan Paramesran, who completed his service as CEO of MARC Ratings on July 31, 2025 after an exemplary 17-year tenure.
“We extend our sincere thanks to Rajan for his outstanding service and unwavering dedication to MARC Ratings over the years,” said Arshad.
To further strengthen the ratings function, deputy chief rating officer Taufiq Kamal has been appointed as a member of the Rating Committee, effective Aug 1.
“In his expanded role, he will support chief rating officer Hafiza Abdul Rashid in driving enhancements to analytical processes, governance, and operational efficiency, reinforcing MARC Ratings’ commitment to quality, transparency, and market relevance.
These appointments underscore MARC’s focus on strengthening leadership within the Group and ensuring continued delivery of high-quality ratings and research.”
