Pressures and Ambitions of Malacca Securities’ Third-Gen Leader

Brokerage firm Malacca Securities was founded just over 60 years ago and Chia Wei got involved with the business back in 2013 after returning from the UK for what was supposed to be a “short visit” due to tightening of working visas.

Following her education at Imperial College London, Chia Wei was working at a luxury brand retail group as a merchandising analyst and had a five-year plan in mind to climb the corporate ladder. She did not have plans to join the family business and yet the story has played out differently.

Today on Open For Business, you will learn why Chia Wei stuck around in Malaysia to join the family business, what she brings to the Malacca Securities' table, including her progressive attitude to digitalisation and technology, and where she intends to lead this brokerage business, in an era define by a ‘fight to the bottom’ for brokerage fees and large international platforms, such as Moomoo, making their way into the Malaysian market.