05-08-2025
- Business
- New Straits Times
Wan Kamaruzaman named MBSB Investment Bank chairman
KUALA LUMPUR: MBSB Group has appointed Datuk Wan Kamaruzaman Wan Ahmad as the new chairman of MBSB Investment Bank, effective today.
In a statement, the group said this expanded role represents a key step in unifying leadership across its commercial and investment banking operations. Wan Kamaruzaman currently chairs MBSB Bhd and MBSB Bank Bhd. Wan Kamaruzaman currently serves as Chairman of both MBSB Bhd and MBSB Bank Bhd.
With over four decades of experience in banking and public-sector finance, his appointment is expected to enhance alignment and accelerate the group's push toward integrated, client-focused solutions under its FLIGHT26 strategic roadmap.
"I am honoured to serve in this expanded capacity. MBSB Group has a unique opportunity to build something enduring – where commercial banking, investment banking, and values-based finance come together to meet real needs.
"I look forward to working with both teams to move closer to that vision," said Wan Kamaruzaman.
Before joining MBSB Group, Wan Kamaruzaman served as the Retirement Fund Inc. (KWAP) chief executive officer (CEO).
His earlier roles include general manager of treasury at Employees Provident Fund (EPF) and senior leadership positions at Malayan Banking Bhd, with international postings in Hamburg and London, as well as CEO roles within the Affin Group.
Meanwhile, his governance experience spans multiple boards, including Bursa Malaysia Bhd, Bank of America Malaysia, and Malakoff Corp Bhd, while he remains actively involved in industry bodies such as the FTSE Russell Advisory Committee and the Institutional Investors Council Malaysia.
He currently sits on the boards of Malaysian Resources Corporation Bhd (MRCB) and Bermaz Auto Bhd.
MBSB Group also extended its appreciation to outgoing MBSB Investment Bank Chairman Datuk Mohd Nasir Ali, who concluded his six-year tenure on August 4.
