- Norazidah Mohd Nor was ex-director of Group Firm Secretarial at CIMB
- Leads mgmt administration & inner integration to drive ‘Reinvent’ agenda
The Malaysia Digital Economic system Company (MDEC) has appointed Norazidah Mohd Nor (pic) as its new Company Secretarial director. Bringing intensive expertise in authorized and company advisory from each non-public and public sectors, she’s going to develop and implement new operational efficiencies that can elevate MDEC’s company governance and administration administration.
In her new function, Norazidah shall be creating and implementing company secretarial processes and techniques for inner integration to enhance administration capabilities. That is additionally consistent with the “Enter, Output, Final result & Affect (IOOI) Valuation Metrics” that MDEC lately launched into its planning course of to information useful resource allocation and utilisation, in addition to successfully measure the organisation’s socio-economic contribution to society.
Previous to MDEC, Norazidah was the Director of Group Firm Secretarial at CIMB Financial institution Bhd. Her major obligations embrace main statutory compliance and regulatory administration; overseeing the corporate’s adherence to Bursa Malaysia and Financial institution Negara rules; and retaining the Board of Administrators knowledgeable of their authorized obligations, whereas making certain that their selections are carried out.
CIMB apart, she additionally had stints at AVOCET Mining Malaysia OHQ, Petronas, Putrajaya Leisures & Providers Group, and Unit Peneraju Agenda Bumiputera (Teraju) – the place she labored on varied contract negotiations. This largely encompass threat administration, gross sales and buying, company acquisitions and creating regulatory articles for public use. Her notable achievements embrace creating and establishing company governance mechanism and construction for organisations she labored in as authorized counsel.
“I’m each honoured and excited to be a part of a dynamic crew charged with main Malaysia into the 4IR. Having labored in varied positions throughout the monetary providers sector; oil and fuel; and mining, coming into MDEC to develop new processes and techniques for company governance, in addition to administration administrations is a welcome problem. I look ahead to working with the crew at MDEC as a part of the company’s ongoing pursuit to make sure that the digital financial system is for all,” stated Norazidah.
“We goal to repeatedly appeal to modern and forward-thinking expertise. Their contemporary views are essential for us to ship on our mission to create shared prosperity for the various as we try in direction of reaching Malaysia 5.0. Norazidah’s appointment will allow us to streamline our inner capabilities as we proceed to reinvent our enterprise operations. This consists of introducing finest practices that can improve our company secretarial processes,” stated Dr Rais Hussin Mohamed Ariff, Chairman of MDEC.
“Our new line-up of sturdy leaders is aligned with MDEC’s ‘Reinvent’ agenda because it additional accelerates the nation’s leap to embrace the Fourth Industrial Revolution (4IR). That is key as we drive excessive influence digital outreach for the society and financial system. I’m very blissful to have Norazidah to be a part of our crew. She has a confirmed monitor file in capabilities which might be required to manage operational processes, from technique to implementation, given her intensive expertise inside worldwide and native firms. Her experience and experiences will positively influence MDEC, enabling us to fulfil the nation’s digital-first imaginative and prescient,” says Surina Shukri (pic), CEO, MDEC.
The digital financial system is predicted to proceed its important contribution to the nation this 12 months, primarily based on an estimated 20% contribution to the GDP in 2020 by the Division of Statistics Malaysia, following a forecast of 6.7% financial progress for 2021 by the World Financial institution.