Jaafar-Crossby assumed her new role at Labuan IBFC on 1 January 2018.
The new CEO moves over from her previous role as head of Labuan IBFC’s marketing intelligence and strategic communications unit.
She takes on the role from Danial Mah Abdullah, who has served as interim CEO since 2015.
Dato Azlan Mohd Hashim, Labuan IBFC chairman, said: “[Farah Jaafar-Crossby] brings with her years of experience in financial services from both the onshore and offshore perspectives, and is the best candidate to assume the leadership role to promote Labuan IBFC.”
Jaafar-Crossby added: “The opportunities that lie ahead for Labuan IBFC are enormous and it is deeply humbling and exciting to be able to take on this responsibility especially as the jurisdiction is set to undergo a transformative period.”