KUALA LUMPUR: Bursa Malaysia Bhd
has embarked on a restructuring of its organisation, which will result in a flatter management structure.
Central to the new design, the roles of chief commercial officer and chief operating officer will be phased out, the stock exchange operator said in a statement.
The existing business leadership team will report directly to the chief executive officer, giving him a wider span of direct management and oversight of the business functions.
In addition, a new CEO regulation position will be established to lead the regulatory leadership team in driving the frontline regulatory functions of the Exchange.
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