31-07-2025
- Business
- New Straits Times
Tan Sri Shahril Ridza Ridzuan named chairman of Standard Chartered Malaysia and Saadiq
KUALA LUMPUR: Standard Chartered Bank Malaysia Berhad (SCBMB) and Standard Chartered Saadiq Berhad (Saadiq) have appointed Tan Sri Shahril Ridza Ridzuan as their new chairman, effective August 2, 2025.
He will succeed Datuk Yvonne Chia, who will step down on August 1 after completing a notable nine-year tenure at the helm.
As chairman, Shahril will lead the strategic direction, commercial oversight, and performance management of both SCBMB and Saadiq.
A seasoned corporate leader, Shahril currently chairs Axiata Group Berhad, Iskandar Waterfront Holdings Sdn Bhd, Ekuiti Nasional Berhad, Battersea Project Holding Company Limited, and Paradigm REIT Management Sdn Bhd. He also sits on the boards of CGS International Securities Malaysia Sdn Bhd and Kuala Lumpur Kepong Berhad.
Previously, he served as managing director of Khazanah Nasional Berhad and CEO of the Employees Provident Fund (EPF).
Welcoming his appointment, Standard Chartered Malaysia CEO Mak Joon Nien said, "We are delighted to welcome Tan Sri Shahril as Chairman to guide both SCBMB and Saadiq with his clear vision, unwavering integrity, and vast leadership experience in shaping major public and government-linked companies. We look forward to his leadership as he steers the strategic direction and strengthens the resilience of both entities to capture growth opportunities and create long-term value for our stakeholders."
Mak also paid tribute to Chia for her exemplary leadership, particularly during challenging times.
"We have been privileged to be under her influential leadership, during which she oversaw the Bank through an extraordinary series of external challenges, including the global pandemic, supply chain disruptions, and economic volatility."
Mak added that through her visionary leadership and focus on good governance, she helped solidify the group's position in both conventional and Islamic banking.
Beyond the bank, she has been a passionate advocate for women's empowerment, financial inclusion, education reform, and sustainability.
