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The London Stock Exchange Group (LSEG) has opened a new office in Kuala Lumpur to reinforce its commitment to nurturing local talent and fostering economic growth in Malaysia.
Based in the UK, the stock exchange group has been a player in Malaysia’s financial landscape since 2002, delivering indices, global data, analytics and capital markets services to the region.
Commenting on the announcement, Tengku Zafrul Aziz, minister of investment, trade and industry for Malaysia, says: "We welcome international businesses whose objectives are aligned to the MADANI Economy principles of inclusive and sustainable growth for our people and businesses.
“The launch of LSEG's flagship office in Kuala Lumpur is a recognition of Malaysia’s pro-business, pro-investment stand in attracting foreign companies to locate their operations here, while creating career opportunities that nurture domestic talent. This endorsement of Malaysia's status as a premier investment destination will strongly encourage us to continuously invest towards making Malaysia the gateway to Southeast Asia.”
Thomas Frossell, group head of customer operations at LSEG, adds: “We are delighted to open our flagship office in Kuala Lumpur, reaffirming our commitment to the Malaysian market and its economic vision. We firmly believe in the potential of the local talent pool and are excited to expand our workforce, enabling us to better serve our clients while contributing to the growth and development of Malaysia's financial sector.
“The establishment of this office underscores LSEG’s dedication to provide market infrastructure solutions that are pivotal for the country's globalisation efforts, foreign capital attractiveness, and integration of global best practices into the local financial ecosystem. This collaboration comes in tandem with our partnership with Bursa Malaysia to enhance sustainability reporting standards across the country.”
