Farah Jaafar has left as CEO of Labuan IBFC Inc after serving in the role for four years. Before this, she held the position of director of market intelligence and strategic communications at the comprehensive midshore jurisdiction’s promotional agency and regulator. Jaafar now serves as managing director and chief communications officer at Fusang Digital Asset Exchange, which implements blockchain technology for investment and capital markets. Commenting on the appointment via LinkedIn, Jaafar says: “The only constant in life is change — so excited to embrace the next stage of my career, going back to my capital markets roots, this time round with the digital element front and centre. All this while still propagating the benefits of Labuan IBFC, but this time as part of its fast growing digital family.” Jaafar spoke of the evolving role of Labuan IBFC as a captive domicile at the Asian Captive Conference in December 2021, with a priority to strengthen this status over the next five years as part of the domicile’s strategic roadmap. A successor has not yet been announced by Labuan IBFC.
