Bursa Chief Information Officer Resigned
Filed Under (Bursa Alert!, Bursa News) by Webmaster on 19-07-2008
Tagged Under : Bursa Malaysia, business continuity plan, chief information officer resigned, CIO resigned, disaster recovery, Yew Kim Keong
News Alert Date : 19 July 2008
It was reported that Yew Kim Keong, Bursa’s Chief Information Officer (CIO) has resigned.
Yew was reported to have resigned on his own accord following a system wide technical failure in Bursa’s Equity Trading system that caused a full day without trading on 3 July 2008.
His resignation will take effect from 31 July 2008.
Bursa’s Head of IT Development and Services, Ang Ting Kang, has been appointed acting CIO.
Will there be more ?
One question should be ask is why did Bursa’s Disaster Recovery System failed eventhough Bursa hold 4 testing annually. Could it be that Bursa’s Business Continuity Plan was not complete?
Could it be that when Bursa hold Disaster Recovery exercise, Bursa did recovery for all system (example: equity and futures) and not on recovering only one system?
All these questions will only be known to Bursa.
