Malaysia Citibank's Noorazman to head LOFSA

MALAYSIA - Citibank Bhd's vice-president Noorazman Abdul Aziz has been appointed the new director-general of Labuan Offshore Financial Service Authority, or LOFSA, replacing Mohd Razif Abdul Kadir.

In a statement on Apr 13, Bank Negara Malaysia, the central bank, said the move takes effect from May 1.

Mohd Razif has resumed his position as assistant governor of Bank Negara, after serving two years at LOFSA, Bank Negara said.

LOFSA is the regulatory authority for the Labuan International Offshore