Malaysian Rating Corporation Berhad (MARC) announced the appointment of Kan Wai Sum as the organisation's Chief Executive Officer. Madam Kan, who previously served CIMB Investment Bank Berhad (CIMB) as Head of Credit Strategy will succeed Encik Mohd Razlan Mohamed, the company's former CEO from May 2007 to May 2018.
Madam Kan brings with her 21 years of experience in both the investment banking and rating industries. She started her career as a rating analyst with Rating Agency Malaysia (RAM). She then left RAM as Head of Business Development to join CIMB Investment Bank Berhad. During her 13.5 years in CIMB, she served in a myriad of roles encompassing rating advisory, debt capital market coverage and structuring, portfolio management and trading as well as credit analytics. She also had a short stint of 1.5 years in a boutique advisory firm based in Singapore. Prior to joining MARC, she was the Head of Credit Strategy of CIMB’s treasury department. Madam Kan graduated with a Bachelor of Business Administration (cum laude) degree, majoring in finance. She also has an MBA from University of Central Arkansas, USA.
MARC is a domestic credit rating institution that provides credit ratings and research on issuers of commercial papers, bonds, long-/short-term debts and preferred shares as well as asset-backed securities. Our rating coverage extends to Corporate Finance, including Financial Institutions and Insurance, Structured Finance, Public Finance, and Infrastructure and Project Finance. MARC also offers industry analyses, rating reports and rating indices for issuers and investors locally and globally.