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Maybank wins multiple honours at FinanceAsia
Maybank wins multiple honours at FinanceAsia

The Star

time04-07-2025

  • Business
  • The Star

Maybank wins multiple honours at FinanceAsia

Maybank Greater China CEO, Felino James Marcelo, received the awards on behalf of the Maybank Group. PETALING JAYA: Malayan Banking Bhd (Maybank) has won multiple top honours at the FinanceAsia Awards 2025, along with additional recognition in the Asia's Best Companies Poll and FinanceAsia Awards categories. Maybank received Gold awards for Best Managed Company and Best Large-Cap Company in the Asia's Best Companies Awards Poll, based on independent surveys of investors and analysts evaluating corporate performance across Asia. The bank also secured four Silver awards for Best Managed Financials, Most Committed to Diversity, Equity and Inclusion, Most Committed to Environmental, Social, and Governance, and Best Investor Relations. Additionally, Maybank clinched three key accolades in the FinanceAsia Awards category, which honours institutions for achieving impactful outcomes through commercial and technical excellence. The bank was named Best Corporate Bank in Malaysia, Best Sustainable Bank in Malaysia, and Best Broker in Singapore. Additionally, Maybank received recognitions for Best Debt Capital Markets House in Malaysia and Best Equity Capital Markets House in Thailand. 'These recognitions are a testament to the dedication and collective excellence of our Maybank team and the successful execution of our M25+ strategy, which continues to guide our efforts in driving sustainable growth, strengthening regional leadership, and delivering exceptional value to our stakeholders. 'Our focus on purposeful growth, digital innovation, and embedding sustainability across our operations has also been instrumental in achieving these milestones. We remain committed to advancing our M25+ aspirations and delivering impact that matters to the communities we serve,' president and group chief executive officer Datuk Khairussaleh Ramli said in a statement. — Bernama

Maybank wins multiple top honours at FinanceAsia Awards 2025
Maybank wins multiple top honours at FinanceAsia Awards 2025

The Star

time03-07-2025

  • Business
  • The Star

Maybank wins multiple top honours at FinanceAsia Awards 2025

Maybank Greater China CEO, Felino James Marcelo, received the awards on behalf of the Maybank Group. KUALA LUMPUR: Malayan Banking Bhd (Maybank) has won multiple top honours at the FinanceAsia Awards 2025, along with additional recognitions in the Asia's Best Companies (Poll) and FinanceAsia Awards categories. Maybank received Gold awards for Best Managed Company and Best Large-Cap Company in the Asia's Best Companies Awards (Poll), based on independent surveys of investors and analysts evaluating corporate performance across Asia. The bank also secured four Silver awards for Best Managed Financials, Most Committed to DEI, Most Committed to ESG and Best Investor Relations. Additionally, Maybank clinched three key accolades in the FinanceAsia Awards category, which honours institutions for achieving impactful outcomes through commercial and technical excellence. The bank was named Best Corporate Bank – Malaysia (Large Corp & MNCs), Best Sustainable Bank – Malaysia, and Best Broker – Singapore. Additionally, Maybank received recognitions for Best DCM House Domestic – Malaysia and Best ECM House International – Thailand. 'These recognitions are a testament to the dedication and collective excellence of our Maybank team and the successful execution of our M25+ strategy, which continues to guide our efforts in driving sustainable growth, strengthening regional leadership, and delivering exceptional value to our stakeholders. 'Our focus on purposeful growth, digital innovation, and embedding sustainability across our operations has also been instrumental in achieving these milestones. We remain committed to advancing our M25+ aspirations and delivering impact that matters to the communities we serve,' president and group CEO Datuk Khairussaleh Ramli said in a statement.

Maybank continues prioritising employee welfare
Maybank continues prioritising employee welfare

The Star

time01-07-2025

  • Business
  • The Star

Maybank continues prioritising employee welfare

Maybank president and group CEO Datuk Khairussaleh Ramli PETALING JAYA: All employees of Malayan Banking Bhd (Maybank) are earning above RM3,100 a month, according to the largest banking group of Malaysia. Maybank said its employees' salaries are above the living-wage threshold, as benchmarked against the Employees Provident Fund's (EPF) Belanjawanku Guide. In a statement, the bank said it remains fully aligned with the Ekonomi Madani framework, especially the 'Raise the Floor' pillar, and will continue working alongside government-linked investment companies and the relevant stakeholders under the GEAR-uP programme to drive shared prosperity and a future-ready Malaysian workforce. Datuk Khairussaleh Ramli said the commitment is aligned to its purpose of being a values-based platform, powered by a workforce that humanises financial services and underscores long-standing commitment to fair, inclusive and sustainable pay practices. 'At Maybank, we believe that the welfare and wellbeing of employees, including fair and decent pay is not only a moral imperative, but also a business enabler. Ensuring that all our employees earn a competitive and sustainable wage is fundamental to building a resilient and future-ready workforce. It reflects our deep commitment to shared prosperity and the value of the Ekonomi Madani framework,' the Maybank president and group chief executive added. Maybank has implemented a comprehensive suite of structural and targeted initiatives to ease its lower-income employees' daily burdens and enhance financial security. These include festival aid, interest-free loans and access to a staff welfare fund for urgent medical or disaster-related needs. The bank also provides strong support for working families through an allowance for childcare and maternity care. In addition, employees' children enjoy annual back-to-school support and financial aid for those pursuing tertiary studies. To promote flexibility and personalisation, employees are also given options to optimise their benefits, such as converting Employees Provident Fund contributions for medical coverage or repurposing dental and optical allocations for digital-related expenses. Additionally, Khairussaleh said Maybank remains steadfast in creating a safe, enabling and inclusive workplace for all its employees, while providing a comprehensive and competitive suite of benefits designed to support the holistic wellbeing of its employees. For career development, the bank has put in place structured reskilling and upskilling programmes to empower its employees with relevant capabilities which include access to curated digital learning platforms, industry-recognised certifications and skills pathways aligned with internal mobility and career advancement. 'These initiatives contribute directly to the nation's objectives towards workforce resilience, social mobility, and the development of high-quality jobs,' Khairussaleh explained.

Maybank CEO Says Staffs Are Paid Above RM3,100 Threshold
Maybank CEO Says Staffs Are Paid Above RM3,100 Threshold

BusinessToday

time30-06-2025

  • Business
  • BusinessToday

Maybank CEO Says Staffs Are Paid Above RM3,100 Threshold

Maybank today announced its commitment to a Living Wage for all its employees in Malaysia, confirming that all staff are already earning above the RM3,100 per month threshold, as benchmarked against the Employees Provident Fund's Belanjawanku Guide. The move it added aligns with the Ministry of Finance's call for Government-Linked Companies (GLCs) to lead in fair compensation under the GLC Earnings for a Resilient and United People (GEAR-uP) initiative. Dato' Khairussaleh Ramli, President and Group CEO of Maybank, said 'At Maybank, we believe that employees' welfare and wellbeing, including fair and decent pay, is not only a moral imperative, but also a business enabler,' Maybank added it is dedicated to creating a safe, enabling, and inclusive workplace, empowering employees to thrive with a comprehensive and competitive suite of benefits. These include a wide range of leave options such as childcare, parental, sabbatical, and volunteerism leave. Employees and their dependents, including children with disabilities without age restriction, receive extensive medical coverage. Financial support is also provided through various employee loans/financing (e.g., housing, car, mobile, and sundry loans) at competitive rates, alongside life and personal accident insurance, and retirement benefits. Additionally, a flexible benefits scheme allows employees to tailor benefits to their individual needs, lifestyles, and family commitments. To further support lower-income employees, Maybank has implemented targeted initiatives to ease daily burdens and enhance financial security. These include festival aid, interest-free loans, and access to the Staff Welfare Fund for urgent medical or disaster-related needs. Strong support for working families is provided through childcare and maternity allowances, along with education support for employees' children, ranging from annual back-to-school aid to financial assistance for tertiary studies. Employees also have options to optimize their benefits, such as converting EPF contributions for medical coverage or repurposing dental and optical allocations for digital expenses. Recognising the importance of sustainable and future-ready careers, Maybank said it has embedded structured reskilling and upskilling programmes. These initiatives offer access to curated digital learning platforms, industry-recognized certifications, and skills pathways aligned with internal mobility and career advancement, directly contributing to national objectives for workforce resilience, social mobility, and high-quality job creation. Related

Maybank remains committed to 'fair, inclusive and sustainable' pay practices
Maybank remains committed to 'fair, inclusive and sustainable' pay practices

The Star

time30-06-2025

  • Business
  • The Star

Maybank remains committed to 'fair, inclusive and sustainable' pay practices

Maybank president and group CEO Datuk Khairussaleh Ramli KUALA LUMPUR: Malayan Banking Bhd (Maybank) said all its employees in Malaysia are earning above the Living Wage threshold of RM3,100 a month, as benchmarked against the Employees Provident Fund's (EPF) Belanjawanku Guide. In a statement, the bank said it remains fully aligned with the Ekonomi Madani framework, especially the 'Raise the Floor' pillar, and will continue working alongside government-linked investment companies and the relevant stakeholders under the GEAR-uP programme to drive shared prosperity and a future-ready Malaysian workforce. Datuk Khairussaleh Ramli, president and group CEO of Maybank said that this commitment is aligned to Maybank's purpose of being a values based platform, powered by a bionic workforce that humanises financial services and underscores long-standing commitment to fair, inclusive and sustainable pay practices. 'At Maybank, we believe that employees welfare and wellbeing, including fair and decent pay is not only a moral imperative, but also a business enabler. Ensuring that all our employees earn a competitive and sustainable wage is fundamental to building a resilient and future-ready workforce. It reflects our deep commitment to shared prosperity and the value of the Ekonomi Madani framework," he added. Additionally, he said Maybank remains steadfast to creating a safe, enabling and inclusive workplace for all its employees, while providing a comprehensive and competitive suite of benefits designed to support the holistic wellbeing of its employees. For career development, the bank has put in place structured reskilling and upskilling programmes to empower its employees with relevant capabilities which include access to curated digital learning platforms, industry-recognised certifications and skills pathways aligned with internal mobility and career advancement. "These initiatives contribute directly to the nation's objectives towards workforce resilience, social mobility, and the development of high-quality jobs," said Khairussaleh.

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