Maybank Islamic Appoints New Officer-in-Charge as Search for CEO Begins

Maybank Islamic Bhd (MIB) has announced the appointment of Nor Shahrizan Sulaiman, the bank’s current Deputy Chief Executive Officer (CEO), as Officer-in-Charge following the resignation of Datuk Muzaffar Hisham, Group CEO of Islamic Banking.

Muzaffar, who has led the bank for 14 years, decided to step down to pursue new professional ventures. The bank revealed that the search for a new Group CEO will begin immediately, with an update to be provided in due course.

Maybank’s President and Group CEO, Datuk Khairussaleh Ramli, expressed sincere gratitude for Muzaffar’s leadership, highlighting his pivotal role in steering the Islamic banking division toward global prominence. “Muzaffar has been essential in driving our Islamic banking franchise to achieve true global leadership, in line with our M25+ strategy,” said Khairussaleh.

Until a new Group CEO is appointed, Nor Shahrizan will take on the daily management of MIB, while continuing his existing duties.

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