18-05-2025
- Business
- New Straits Times
Bank Pembangunan names former Maybank Islamic boss as new group CEO
KUALA LUMPUR: Former Maybank Islamic Banking group chief executive officer (GCEO) Datuk Muzaffar Hisham has been appointed as Bank Pembangunan Malaysia Bhd's new GCEO effective immediately.
He succeeded Roni Abdul Wahab, who had served as GCEO for three years since April 2022.
Muzaffar has more than 20 years of regional banking experience, with proven track record in driving business growth and regionalisation strategies across various sectors.
This included wholesale and retail banking, investment banking, treasury, asset management and client coverage.
In Maybank Islamic Banking, he successfully expanded the scale and reach of Islamic banking, advanced global leadership in Islamic wealth management, and pioneered innovative digital solutions within the group.
Bank Pembangunan chairman Datuk Sulaiman Mohd Tahir said Muzaffar's proven leadership and deep understanding of the financial services landscape, both locally and regionally, will be instrumental in driving the bank's strategic direction.
"We are confident that under his stewardship, Bank Pembangunan will continue to play a pivotal role in driving Malaysia's national development agenda and delivering long- term value for our stakeholders," he said in a statement.
Muzaffar said he looks forward to working closely with the board, management and stakeholders to build on the bank's strong foundation.
"Together, we will strengthen BPMB's role as a key development financial institution, dedicated to supporting Malaysia's socio-economic progress and sustainability ambitions.
"I am committed to leading our efforts in delivering impact capital for national development," he added.
