Search
Search for:
EN
BM
User name:
Password:
Username
Password
HOME
PIDM
Mandate
Board of Directors
Executive Management Commitee
Organisation Structure
Funding
Corporate Governance
Governance Manual
Governance Publications
Governance Framework
Governance Reports
Corporate Publications
Summary of the Corporate Plan 2021 - 2023
Annual Report
Corporate Plan
Whistleblowing
Careers
Undergraduate Scholarship Programme
Hyperlinks
Deposit Insurance System (DIS)
Takaful and Insurance Benefits Protection System (TIPS)
FOR PUBLIC
Deposit Insurance System
What Is the Deposit Insurance System (DIS)?
Coverage For DIS
Calculation For DIS
Trust Accounts
Member Banks
Takaful & Insurance Benefits Protection
What Is the Takaful & Insurance Benefits Protection System (TIPS)?
Coverage For TIPS
Calculation For TIPS
Insurer Members
Frequently Asked Questions (FAQs)
About PIDM (FAQs)
Deposit Insurance System (FAQs)
Takaful & Insurance Benefits Protection System (FAQs)
Deposit Insurance System (DIS)
Takaful and Insurance Benefits Protection System (TIPS)
FOR MEMBER INSTITUTIONS
Annual Submission: Trust Accounts
Legislation
Acts
Regulations
Orders
Rules
Guidelines
Directives
Notes
Deposit Insurance Information Materials
Consultation Papers
Consultation Papers
Industry Portal Login
Forms
Guidelines on Assessment of Compliance by Deposit-Taking Members
Industry Portal
Deposit Insurance System (DIS)
Takaful and Insurance Benefits Protection System (TIPS)
AWARENESS INITIATIVES
Advertising Campaigns
Print Advertisements
TV Advertisements
Radio Advertisements
Financial Consumer Alert
Misuse of PIDM's Logo
Others
Information Materials
Handbooks
Brochures
Deposit Insurance System (DIS)
Takaful and Insurance Benefits Protection System (TIPS)
MEDIA
Press Release
Events
Articles
PIDM Scholars' Spotlight
Deposit Insurance System (DIS)
Takaful and Insurance Benefits Protection System (TIPS)
CONTACT US
User name:
Password:
Username
Password
EN
BM
Search
Search for:
Press Release
Home
Media
Press Release
2010
PIDM appoints Chief Operating Officer
PIDM appoints Chief Operating Officer
Mar 18, 2010
Kuala Lumpur, 18 March 2010:
National deposit insurer, Perbadanan Insurans Deposit Malaysia (PIDM), has appointed Md. Khairuddin Haji Arshad as Chief Operating Officer (COO) with immediate effect.
“The appointment of the COO is part of the ongoing human capital development initiative of PIDM to enable us to carry out our statutory mandate more effectively and efficiently. This position was approved by PIDM’s Board of Directors at the end of 2009 in our continuous effort in solidifying the implementation of succession management for key senior management positions in PIDM,” said Jean Pierre Sabourin, the Chief Executive Officer of PIDM.
As the COO, Khairuddin will provide oversight support to the CEO of PIDM to ensure the continuing effectiveness of the daily operations of the national deposit insurer. He will be responsible for overseeing the core functions in PIDM, including Insurance, Risk Assessment and Monitoring, Intervention and Failure Resolution, Finance and Administration, Legal, Communications and Public Affairs, and Strategic Planning.
“The Board of Directors and I have full confidence in Khairuddin’s ability to lead the relevant core Divisions given the depth of his banking supervisory and regulatory experience. At PIDM, we provide employees with opportunities for continuous talent development to help them acquire the necessary skills, expertise and experience towards fulfilling their potential,” Sabourin said.
Khairuddin was a member of the Deposit Insurance Task Force in Bank Negara Malaysia (BNM), which was responsible for the development and design features of the Malaysian deposit insurance system. When PIDM was established in 2005, Khairuddin was appointed as the General Manager of the Insurance, Risk Assessment and Monitoring Division.
“Having been involved with PIDM even prior to its establishment, I have had the opportunity to actively contribute and participate in its development and achievements from year to year. The insights gained through this experience would certainly provide us with a clear vision towards becoming a best practice deposit insurer,” Khairuddin remarked.
Having served at BNM for over 15 years, Khairuddin has extensive experience in Islamic banking and finance, and is currently a member of the Malaysian Accounting Standards Board (MASB) working group on Islamic financial transactions as well as the Chairman of the International Association of Deposit Insurers (IADI) Committee on Islamic Deposit Insurance. He has also provided technical assistance to various countries in developing their Islamic banking industry as well as presented papers at domestic and international seminars. He holds an accounting degree from the International Islamic University, Malaysia.
For more information about this press release, kindly contact:
S.Loganathan, General Manager, Communications and Public Affairs Division
(Tel: 03-2173 7455; Email:
loga@pidm.gov.my
)
Sarina Ariffin
, Manager, Communications and Public Affairs Division
(Tel: 03-2173 7457; Email:
sarina@pidm.gov.my
)
ABOUT PIDM
PIDM administers the statutory deposit insurance system in Malaysia that provides protection – automatically – on all ringgit and foreign currency deposits with commercial banks, Islamic banks, investment banks, international Islamic banks and deposit-taking development financial institutions regulated by Bank Negara Malaysia.
For further information:
Call 1-800-88-1266, 8.30am to 5.30pm on Monday – Friday (excluding public holidays)
Email:
info@pidm.gov.my
Visit:
www.pidm.gov.my
Media
Articles
Press Release
Events
Interviews
Recent Events
PIDM signs agreement with Cagamas to further strengthen protection for financial consumers
28 Dec 2015
PIDM extends international cooperation to enhance capability and operational readiness
08 Dec 2016
PIDM’s education programme reaches out to all national secondary schools
27 Nov 2014