KUALA LUMPUR, 18 May 2025
Bank Pembangunan Malaysia Berhad has announced the appointment of Dato’ Muzaffar Hisham as its new Group Chief Executive Officer (GCEO), effective 18 May 2025. He will oversee the newly merged SME and EXIM entity which the bank acquired recently.
Muzaffar comes with over 20 years of regional banking experience across various sectors, including wholesale and retail banking, investment banking, treasury, asset management, and client coverage. Prior to joining BPMB, he served as the Group CEO of Maybank Islamic Banking, where 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. Chairman of BPMB, Dato’ Sulaiman Mohd Tahir, said: “We are pleased to welcome Dato’ Muzaffar Hisham to BPMB. His proven leadership and deep understanding of the financial services landscape, both locally and regionally, will be instrumental in driving BPMB’s strategic direction. We are confident that under his stewardship, BPMB will continue to play a pivotal role in driving Malaysia’s national development agenda and delivering long- term value for our stakeholders.”