Bank Pembangunan appoints new president/group CEO

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KUALA LUMPUR (April 8): Bank Pembangunan Malaysia Bhd (BPMB) has appointed Arshad Mohamed Ismail as its president/group chief executive officer, effective today.

In a statement today, BPMB said Arshad was the head of global banking business at Maybank Islamic Bhd prior to his appointment.

He was also formerly HSBC Amanah’s head of Islamic capital markets, head of asset management at Saudi Arabia’s Aayan Capital, head of corporate finance and advisory at Abu Dhabi’s Al Hilal Bank and executive director, origination and structuring of International Islamic Liquidity Management Corporation.

It said Arshad holds a Bachelor of Law degree from the International Islamic University Malaysia and a Masters in Business Administration from the London Business School, United Kingdom.