Maybank announced that it has promoted group wealth management head Alvin Lee Han Eng to CEO for Singapore, succeeding John Lee upon his retirement. Lee, who is also currently the bank?s Singapore head of community financial services, will be responsible for running all of Maybank?s operations in Singapore. He will take on his new role as country CEO, CEO of Maybank Singapore and CEO of Malayan Banking Berhad Singapore branch next year Lee will report to president and Maybank group CEO Dato?

Khairussaleh Ramli and also serve as a member of the group executive committee. Lee had been with Maybank for 11 years, leading Singapore?s core community financial services. He also spearheaded the launch of Maybank Private Wealth in 2013, and introduced group wealth management in 2016, bringing together private, premier and privilege customers.

Adam Tan will succeed Lee as the new head of community financial services. Tan is currently the head of corporate office for community financial services. John Lee Hin Hock will retire from Maybank effective 31 December, after being with the firm for 12 years.