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About SECM

Chairman Message

The office of the Securities and Exchange Commission was opened on 24 February 2015 and endeavored to open the first-ever Yangon Stock Exchange in Myanmar.

Although the Yangon Stock Exchange was successfully opened on 9 December 2015, the First Myanmar Investment Co., Ltd (FMI) could start shares trading on 25 March 2016 over two months of opening Yangon Stock Exchange.

The second listed shares trading of Myanmar Thilawa SEZ Holdings Public Co., Ltd (MTSH) was started on 20 May 2016 and the third listed shares trading of Myanmar Citizens Bank Ltd. (MCB) was started on 26 August 2016.

Vision of SECM

“Towards dynamic and regulated Myanmar Securities market, developing together with the world’s.”

Mission of SECM

“To maintain fair, secured, liquid securities market raising and protecting the investors and the national economy ”

History

1. The Securities Exchange Law (20/2013) was enacted on 31 July 2013, to establish a systematic Capital market in Myanmar, to protect investor through rules and Laws and to regulate market participants such as Public Companies, Securities companies and Stock Exchange..

2. According to Chapter 3, Article 4 of this Law, the Securities and Exchange Commission of Myanmar (SECM) was formed with Notification No. (64/2014) dated 19-8-2014 issued by the Union Government. The Deputy Minister of the Ministry of Finance is chairman of SECM which has seven members. According to that notification, the Chairman and Members of SECM are as follow:

Commission Member

Daw Khin Lay Myint holds a B.Econ (Statistics ), degree from the Yangon University of Economics, Diploma in Accountancy from MAC and Diploma in Economic Planning from the Yangon University of Economics. She is retired Deputy Director General of Budget Department , Ministry of Finance where she worked for 40 years.

U Htay Chun holds B. Econ (Statistics) and Diploma in Economic Planning from Yangon Institute of Economic and Registered Lawyer from Ministry of Education . He is retired Deputy Director General of the Directorate of Investment and Company Administration ( DICA ). He has 38 years’experience as government officer, 22 years’ experience in Planning Department and 16 years’ experience in Directorate of Investment and Company Administration (DICA) under the Ministry of National Planning and Economic Development.

U Thein Myint holds B.Com (Industry and Trade) degree from the Yangon Institute of Economics and is a Certified Public Accountant. He is a retired Deputy Director General of Office of the Auditor General and State Auditor General of Shan State. He has 42 years experience as public sector auditor. He also got Diploma in Managerial Control and Management Information Systems from RVB (International School of Management – Maastricht, the Neltherland.

Daw Tin May Oo holds a B.Econ (Agriculture Economics) degree from the Institute of Economics, a Master of Development Studies (MDS) from The Hague, The Netherlands. She is retired Dy. Director of Project Appraisal and Progress Reporting Department where she worked for 27 years. Since 1996 she was assigned to Myanmar Securities Exchange Center Co., Ltd. (MSEC) to start-up the capital market development in Myanmar. She worked for 18 years as Board Secretary cum Deputy Director and Executive Director in MSEC. She also engaged in drafting of the Securities Exchange Law and the Securities Exchange rules.

Ms. Tin Tin Ohn graduated from Yangon Institute of Economics in 1981. She holds a Bachelor’s Degree of Economics with Statistics Major and a Diploma in Accountancy from Myanmar Accountancy Council. She worked as an auditor for the Office of Auditor General from 1983 to 1987. From 1988 to January 2016, she worked for the Budget Department of the Ministry of Plannning and Finance about 28 years long. In February 2016, she transferred to the Office of Securities and Exchange Commission of Myanmar (SECM). Now she is an honourable Director General of the Office of SECM and also a Secretary General of the Commission.