New chairman of Labuan FCA

Datuk Oh Chong Peng has been appointed as the chairman of Labuan Financial Services Authority (Labuan FSA).

Chong Peng has wide experience in financial and other business sectors. He is currently the non-executive director of British American Tobacco (Malaysia) Berhad, Malayan Flour Mills Berhad, Dialog Group Berhad, Kumpulan Europlus Berhad, PUC Berhad and a trustee of UTAR Education Foundation.

He was chairman of the Alliance Financial Group until his retirement from the Board in 2017. He was also a partner of Coopers & Lybrand Malaysia and government-appointed member of the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia) as well as the Malaysian Accounting Standards Board.

Chong Peng is a Fellow of the Institute of Chartered Accountants, England and Wales and served as president of the Malaysian Institute of Certified Public Accountants from 1994-1996.