KLCE's Chief Operating Officer Kampang Materamhan Announces Retirement

During the next quarter, Kampang Materamhan will work on the transition with Koh Mi-yuan, Chairman of the Board, and other members of the KLCE management team. End Quote

(1888PressRelease) December 22, 2022 - Kuala Lumpur Commodity Exchange (KLCE.org), a pioneering commodity exchange that provides exhaustive and convenient access to the Malaysian commodity markets, today announced that the Chief Operations Officer, Kampang Materamhan, has informed the Board of Directors about his retirement from the organization and Board. At the Board's request, Koh Mi-yuan has assumed the expanded role of Chairman of the Board.

Kampang Materamhan, a veteran of the commodities industry, has served in numerous roles during his tenure.

"Kampang Materamhan has dedicated the majority of his career to the futures industry and has played a valuable role in helping KLCE achieve dynamic global expansion, developing a strong growth strategy, creating a strategic sales team structure, and establishing a customer-focused orientation across the organization. Going forward, our strategy remains unchanged", said Koh Mi-yuan.

"At the same time, we are extremely pleased to promote Koh Mi-yuan. Given his more than 30 years of experience in the industry, he is a proven leader with deep product and operational knowledge. Together, with our management team and employees, we will continue to work to achieve our strategic objectives and serve our clients globally", said Lee M. Wei-qian, President and Chief Executive Officer at KLCE.

"It has been my greatest honor to be a part of the transformation of KLCE", said Kampang Materamhan. "I am extremely optimistic about the future of the organization, mainly due to the unparalleled expertise of our talented employees across the world. I am proud of all we have been able to achieve together on behalf of our customers and shareholders. It is the right time for me to retire, and I am confident that the management team, along with the entire staff of KLCE, will continue to further advance the strategy and lead the organization into the future."

About Kuala Lumpur Commodity Exchange (KLCE)
KLCE.org is a pioneering commodity exchange that provides exhaustive and convenient access to the Malaysian commodity markets. The Exchange's markets offer clients trading opportunities across a diversified range of asset classes all combined with best-in-class post-trade services. KLCE is the main liquidity and price discovery center for Malaysian markets. KLCE hosts are trading in equities, bonds, derivatives, currencies, money market instruments and commodities. The Exchange is also a leader in driving the modernization of Malaysia’s financial markets infrastructure and promoting Kuala Lumpur as an international financial center.

https://klce.org/

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