MARC Ratings Berhad

Arshad Mohamed Ismail

Arshad Mohamed Ismail is the Group Chief Executive Officer (GCEO) of MARC, and the Chief Executive Officer of MARC Ratings Berhad. He has vast experience in banking and finance, especially in the areas of corporate banking, debt capital markets, Islamic finance, asset management and development finance. Before joining MARC, Arshad had helmed two of Malaysia’s …

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Hafiza Abdul Rashid

Hafiza is Chief Rating Officer at MARC Ratings Berhad. Prior to this appointment, she had joined MARC as Rating Portfolio Head for Infrastructure and Telecommunications. Hafiza started her career in a financial institution and later joined Rating Agency Malaysia Berhad where she spent more than 17 years in credit rating. Most recently she spent close …

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Dr Ray Choy

Dr Ray Choy is the Chief Economist at MARC Ratings Berhad, where he also serves on the internal ratings committee. He leads the firm’s research in macroeconomics, sub-sovereign and sovereign ratings, econometrics and data science, and financial markets analysis. With more than 23 years of experience, Dr Ray brings extensive expertise in economic and credit …

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