KUALA LUMPUR - London Stock Exchange Group (LSEG) announced the opening of a new flagship office in Kuala Lumpur, reinforcing its commitment to nurturing local talent and fostering economic growth in Malaysia.
Since 2002, LSEG has been a key player in Malaysia's financial landscape, delivering vital indices, global data, analytics, and capital markets services while contributing to the growth of the nation's economy.
"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 high-value 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," Minister of Investment, Trade and Industry, Malaysia, Tengku Datuk Seri Zafrul Aziz said in a statement today.
"We are delighted to open our flagship office in Kuala Lumpur, reaffirming our commitment to the Malaysian market and its economic vision," said LSEG Group Head of Customer Operations, Thomas Frossell.
"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."
He said the establishment of the 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.
Frossell said the collaboration also comes in tandem with its fruitful partnership with Bursa Malaysia to enhance sustainability reporting standards across the country.
"We take pride in facilitating a leading global name such as LSEG into Greater Kuala Lumpur (GKL) and further realising their goals through deeper local ecosystem collaborations. LSEG's decision to expand its footprint is a resounding testament to Malaysia's ease of doing business, talent capabilities and highly developed digital infrastructure. We look forward to support LSEG's growth plans in the region and further elevate GKL as a competitive investment hub for innovation and sustainability activities," InvestKL CEO Datuk Muhammad Azmi Zulkifli said.