This article first appeared in The Edge Financial Daily on September 27, 2017

KUALA LUMPUR: Bank Negara Malaysia (BNM) said Datuk Ahmad Hizzad Baharuddin will resume his duties at the central bank from Oct 3, following the end of his six-year secondment to the Labuan Financial Services Authority (Labuan FSA) as director-general (DG).

In a statement yesterday, BNM said Ahmad Hizzad will be the assistant governor responsible for the investment operations and financial markets, foreign exchange administration, legal and currency management and operations departments. He will also co-chair the financial markets committee with BNM assistant governor Norzila Abdul Aziz.

In a separate statement, Labuan FSA said Danial Mah Abdullah will take over the role vacated by Ahmad Hizzad for a three-year term effective Oct 3.

Danial Mah is currently the deputy DG of Labuan FSA, a position he has held since 2007. He is also the chairman of the credit risk, investment and risk management committee, asset management committee and talent management committee of Labuan FSA. He joined the authority in 1997.