Organisation structure of BM
Figure 5.3 Bursa organisation structure
(Source: Bursa Malaysia website)
From the organisation chart of BM, you can see that the Chief Internal Auditor is independent, and not only not reporting to the Chief Executive Officer, but also other Chief Officers. This reflects the corporate governance emplacement in BM, taking into account that it also has a role in the capital market i.e., leading the corporate governance of listed entities in Malaysia. Each of the head reports to the Chief Executive Officer.