ZICO Holdings Inc. Announces Appointment of New CEO for ZICO Asset Management Pte. Ltd.

Key Highlights

• Appointment of Chief Executive Officer: ZICO Holdings Inc. has announced the appointment of Mr. Pg Aziz bin Pg Hj Ali Hassan as the Chief Executive Officer of its wholly owned subsidiary, ZICO Asset Management Pte. Ltd., effective 5 January 2026.
• Extensive Industry Experience: Mr. Aziz brings over 32 years of expertise in the regulated financial services and fund management sector, having served in senior roles at leading global financial institutions.
• Regulatory Approval Secured: The Monetary Authority of Singapore has granted all necessary regulatory approvals for Mr. Aziz’s appointment.
• Strategic Expansion: Under Mr. Aziz’s leadership, ZICO Asset Management is expected to undergo significant strategic expansion, focusing on strengthening its asset and fund management capabilities.

Detailed Background of Mr. Aziz

Mr. Aziz’s career began at the Brunei Investment Agency in 1993, providing him with a solid foundation in sovereign wealth management. His progression includes Vice President, Fixed Income Sales at Goldman Sachs (Singapore), Director of Fixed Income Sales at Wachovia Capital Markets LLC, and Director of Financial Markets Sales at Standard Chartered Bank.

From 2011 to 2022, Mr. Aziz served as Director of WFS Asia Sales at Wells Fargo Securities, where he was responsible for Southeast Asian sovereign wealth funds, financial institutions, corporates, and family offices. His expertise spans across asset classes including structured products, alternative investments, real estate, and private equity.

Implications for Shareholders and Potential Share Price Impact

• Leadership and Expertise: The appointment of Mr. Aziz signals a strategic drive to enhance ZICO Asset Management’s position in the asset and fund management sector. His extensive experience and proven track record in managing high-value portfolios and delivering strategic financial solutions are expected to bring significant value to the subsidiary and, by extension, ZICO Holdings Inc.
• Regulatory Assurance: With regulatory approval from the Monetary Authority of Singapore, investors can be assured that the leadership transition is fully compliant, reducing operational risk and providing a foundation for sustainable growth.
• Growth Prospects: Mr. Aziz’s mandate to lead strategic expansion could result in new business opportunities, improved fund performance, and enhanced market reputation. These factors have the potential to positively influence ZICO Holdings Inc.’s share value in the medium term.

Other Important Notes for Investors

• This announcement has been reviewed by Novus Corporate Finance Pte. Ltd., the company’s sponsor, but has not been examined or approved by the Singapore Exchange Securities Trading Limited.
• The Exchange assumes no responsibility for the content of this announcement, including the correctness of any statements, opinions, or reports contained herein.

Conclusion

The appointment of Mr. Aziz as CEO of ZICO Asset Management marks a pivotal moment for ZICO Holdings Inc. and reflects the company’s commitment to strengthening its fund management capabilities. Investors should monitor future developments closely, as Mr. Aziz’s leadership may drive new growth initiatives and improve overall company performance, with potential positive effects on share valuation.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, or solicitation to buy or sell any securities. Investors are advised to perform their own due diligence and consult professional advisers before making any investment decisions. The information is correct as of the date of publication and may be subject to change.

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