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Malaysia’s Maybank reshuffles senior management, appoints new group CFO

Maybank Global Banking Group Head Amirul Feisal Wan Zahir at the Asean Economic Summit in Kuala Lumpur, October 22, 2015. — Picture by Saw Siow FengKUALA LUMPUR, June 6 — Malayan Banking Bhd (Maybank), Malaysia’s largest lender by assets, appointed Datuk Amirul Feisal Wan Zahir as its new group chief financial officer effective from July 1, the lender said in a statement today.

Maybank said current group CFO Datuk Mohamad Rafique Merican will take over as group head for Islamic banking and chief executive of Maybank Islamic, the Islamic banking unit.

The current CEO of Maybank Islamic, Datuk Muzaffar Hisham, was appointed group head of global banking, the statement added.

The bank posted a 16 percent drop in first-quarter profit last month as it set aside more provisions to accommodate restructuring of loans. — Reuters 



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