The latest moves in wealth management across Asia-Pacific.

The Labuan Financial Services Authority, an independent financial centre off eastern Malaysia, has appointed Datuk Oh Chong Peng as the new chairman. He will hold the post until 15 February 2020.

The previous chairman was Tan Sri Muhammad bin Ibrahim.

Datuk Oh is the non-executive director of British American Tobacco (Malaysia) Berhad, Malayan Flour Mills Berhad, Dialog Group Berhad, Kumpulan Europlus Berhad, PUC Berhad and a trustee of UTAR Education Foundation.  He was Chairman of the Alliance Financial Group until his retirement from its board last year.