Amirul Feisal Leaving Maybank From July 15, Heading For Khazanah?

Malayan Banking Bhd (Maybank) group chief financial officer Datuk Amirul Feisal Wan Zahir has tendered his resignation effective from July 15, bolstering rumours that he is heading for the top post at Khazanah Nasional Bhd.

Maybank, in a statement today, said Amirul Feisal had conveyed that he was resigning to take up the position of managing director of a government-linked institution.

Maybank group president and chief executive officer Datuk Abdul Farid Alias said Feisal had been an integral member of the bank’s executive committee and also served as chairman of the group management credit committee, as well as director of Maybank Ageas Holdings Bhd and Etiqa International Holdings Sdn Bhd, among others.

“The board and management of Maybank thank him for his contributions to, and leadership in the group and wish him all the best in his future endeavours,” said Abdul Farid.

A financial portal recently said Amirul Feisal would take over from Datuk Shahril Ridza Ridzuan as the managing director of Khazanah.

His “appointment” will come as a surprise as he is not among the leading candidates touted to replace Shahril, whose contract ends in August after almost three years helming the national sovereign wealth fund.

Amirul Feisal joined Maybank Group in September 2008 as managing director, head of investment banking for Maybank Investment Bank.

He then joined Permodalan Nasional Bhd in September 2010, and was subsequently seconded to, and then appointed as group managing director of Chemical Company of Malaysia in 2011.

He later rejoined Maybank as the group head, global banking in October 2014, following which he was appointed CFO in July 2016.

He was recognised as best CFO for investor relations (large cap companies) at the Malaysia Investor Relations Award in 2018.

Maybank said it had commenced the process of identifying and selecting the new CFO, in line with its existing succession plan, and will make the necessary announcement when a decision has been made.

In the interim, Maybank has appointed Khalijah Ismail, the current group financial controller as acting CFO to oversee the group finance functions.

“Khalijah joined Maybank in 1991 and has extensive experience having served in various lead roles within the group including treasury operations, corporate and investment banking and international operations, as well as managing group-wide transformation programmes for the bank,” it said. – NST ONLINE