Malaysia’s largest lender Maybank has appointed a new group president and chief executive, succeeding Abdul Farid Alias.
Maybank has appointed Khairussaleh Ramli as group president and CEO, according to a statement, effective May 1 this year.
He succeeds Abdul Farid Alias who will step down and end his current contract and third term on August 1, according to a previous exchange filing.
Return to Maybank
Khairussaleh, 54, joins from RHB Banking Group where he was most recently a group managing director tasked with strategy and leading the organization through it over a five-year period.
Previously, he also worked for Maybank between November 2008 and September 2013 as its chief financial officer as well as president-director and CEO of Indonesia. Prior to that, he was the group chief strategic officer at Telekom Malaysia Berhad and also spent eight years with Public Bank Group.
«Dato' Khairussaleh re-joins the Maybank family and brings with him a wealth of knowledge and experience from the financial services and capital markets industry of close to 30 years,» said chairman Zamzamzairani Mohd Isa.
«We are confident that with his vast experience, he will be able to lead Maybank in its next growth phase, pillared on the M25 focus areas of digitalization, sustainability and new value drivers.»
