Ex-AEON Bank Chief Raja Teh Maimunah Named Bank Islam CEO

Bank Islam Malaysia Berhad has announced the appointment of YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz as its new Group Chief Executive Officer, effective 1 April 2026. She succeeds Dato’ Mohd Muazzam Mohamed, who retired in December 2025 after a decade with the group.

Raja Teh Maimunah brings 30 years of experience in the financial sector to her new role. She was previously the founding CEO of AEON Bank (M) Bhd, where she oversaw the launch of Malaysia’s first Islamic digital bank. Her career also includes senior leadership positions at AmBank Group and Hong Leong Islamic Bank, as well as pioneering the world’s first Shariah-compliant commodity trading platform during her tenure at Bursa Malaysia.

Tan Sri Dr Ismail Haji Bakar
Tan Sri Dr Ismail Haji Bakar

Bank Islam Chairman Tan Sri Dr Ismail Haji Bakar said her extensive experience in Islamic finance and digital innovation aligns with the bank’s strategic goals. “Her proven leadership is expected to strengthen our market position and drive innovation across the Group,” he added.

In her new capacity, Raja Teh Maimunah is expected to lead Bank Islam’s next phase of growth, with a focus on digital adoption and operational excellence. She is also a certified Fellow of the Chartered Banker Institute and a Chartered Professional in Islamic Finance.

Bank Islam, Malaysia’s first publicly listed pure-play Islamic bank, operates more than 100 branches nationwide and continues to expand its presence in the country’s Islamic banking sector.

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