Maybank Group has made several appointments to its top management lineup, to drive growth and unlock its full potential. The bank announced the current group chief executive officer (CEO) of global banking Datuk Muzaffar Hisham will succeed Datuk Mohamed Rafique Merican as group CEO of Islamic banking, effective March 1, 2024. He will be responsible for delivering both scale and pervasiveness for Islamic banking within the group, spearheading the group?s global leadership ambitions in Islamic wealth management, and pioneering innovative digital solutions for the group.

The bank announced that the second appointment is Datuk John Chong, currently serving as the group CEO of community financial services (CFS), who will be appointed group CEO of global banking, taking over from Muzaffar, effective March 1, 2024. He will reinforce the delivery of a regional wholesale banking proposition with greater emphasis on deepening its coverage and relationships across different segments and bespoke sector solutions. The third appointment is Tuan Syed Ahmad Taufik Albar who will be appointed as the new group CEO of CFS, effective March 1, 2024.

His main responsibility will be to drive the formulation and execution of the business strategy for group CFS.